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For sale
  • Price cut: $40K (2/26)
    $895,000

    1610 Newsom Mound Rd, Springtown, TX 76082

    11beds
    5,686sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $865,200 Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Large detached carportsBuilt-in microwaveTile flooring throughoutCeiling fansPropane rangeCentral hvacMini blinds
    Incredible Investment Opportunity! This unique property offers six tenant occupied homes on 3.351 acres, making it an excellent addition to any rental portfolio. PLEASE DO NOT DISTURB TENANTS. Each home sits on approximately half acre, and the property has very nice Pecan and Blackjack oak trees. Five of the homes are two bedroom and one bath, of which four were fully renovated in 2010 and the fifth was fully renovated in 2022. These homes have pier & beam foundations and feature central HVAC, propane heat, and hardwired smoke detectors. The sixth home is one bedroom and one bath and was built in 2018 with a slab foundation, Hardie plank siding, packaged terminal AC with electric heat, and battery-operated smoke detectors. Five homes also have owner supplied washer and dryers. Each home is equipped with the following: 150-gallon propane tank & 200-amp electric service. Refrigerator with icemaker, built-in microwave, dishwasher, and propane range. Propane tankless water heater. Tile flooring throughout. Low-E vinyl double-pane – single hung windows, ceiling fans, and mini blinds. Motion detection exterior security lights. Two homes have one car attached garages and three homes have large detached carports. Each home has its own septic system with three being aerobic and three being conventional. Investor-friendly setup: Each home is separately metered. Tenants paying their own water, electricity, and propane, as well as lawn care—keeping operating costs low for the owner. Owner provides a community dumpster for trash disposal. Based on 2025 net income, this property produces a 7.66% cap rate based on the listing price. Additional pictures available upon request.
    186 days
    |
    380
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2026 at 02:04pm

    Listed by:

    Gene Monroe 0517879 214-733-3596,

    Welcome Home Residential, PLLC 214-733-3596

    Source: NTREIS,MLS#: 21075365

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 4
      • Full bathrooms: 6
      Heating
      • Central, Propane
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Dishwasher, Gas Range, Microwave, Washer
      Features
      • High Speed Internet
      • Flooring: Ceramic Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 5,686
      • Total interior livable area: 5,686 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 24
      • Parking features: Attached Carport, Assigned, Covered
      • Garage spaces: 3
      • Has carport: Yes
      • Covered spaces: 6
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Storage
      • Pool features: None
      Lot
      • Size: 3.35 Acres
      Details
      • Parcel number: R000069436

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Composition

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Utilities for property: Overhead Utilities, Septic Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Features: Community Mailbox
      • Security: Security Lights
      • Subdivision: .
      HOA
      • Has HOA: No
      Location
      • Region: Springtown

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $525,540
      • Annual tax amount: $8,725
      • Date on market: 10/1/2025
      • Cumulative days on market: 187 days
      • Listing terms: Cash,Conventional
      • Exclusions: MINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned
      • Road surface type: Gravel
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        Estimated market value

        $865,200

        $822,000 - $908,000

        $1,457/mo

        Price history

        Price history
        DateEventPrice
        2/26/2026Price change$895,000-4.3%$157/sqft
        Source: NTREIS #21075365 Report a problem
        1/18/2026Price change$935,000-5.1%$164/sqft
        Source: NTREIS #21075365 Report a problem
        10/1/2025Listed for sale$985,000$173/sqft
        Source: NTREIS #21075365 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,023 -11.1%$525,540 -8.1%
        2024$3,401 +1.9%$571,730
        2023$3,336 +32.6%$571,730 +45.4%
        2022$2,516 -2.5%$393,120
        2021$2,581 +39.3%$393,120 +46.6%
        2020$1,854 +1.5%$268,120
        2019$1,826 +31.2%$268,120 +37.7%
        2018$1,392 -65.1%$194,740
        2017$3,993 +4.9%$194,740
        2016$3,805 -11.4%$194,740
        2015$4,296 $194,740 -11.7%
        2014$4,296 $220,550

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,538/mo
        Principal & interest
        $4449
        Property taxes
        $1089
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          Climate risks

          Neighborhood: 76082

          Getting around

          8 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Azle
          • High: Azle
          • District: Azle ISD

          Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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