Date
Details
Price
Change
Source
10/01/2025
Listed
$985,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$985,000
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Property Description
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 two being aerobic and four 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. With a conservative projected net income for 2025 this property produces a 7% cap rate based on the listing price, opportunities like this are rare in today's market. Additional pictures available upon request.
Full Property Details
Full Property Details for 1610 Newsom Mound Rd
General
- Price: $985,000
- Taxes: $8,900
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21075365
- Updated: 12/29/2025
- Added to Site: 108 day(s) ago
Interior
- Interior Features: High Speed Internet
- Appliances: Dryer, Dishwasher, Gas Range, Microwave, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 11
Additional Information
- Security/Safety: Security Lights
Exterior
- Exterior Features: Storage
Parking
- Garage: Yes
- Garage Spaces: 3
- Carports: Yes
- Covered Spaces: 6
- Total Spaces: 24
- Parking Features: Attached Carport, Assigned, Covered
Location
- County: Parker
- Subdivision: .
- Driving Directions: From Azle Highway 199 East towards Springtown. Turn Left on Newsom Mound Rd. Properties are on the left.
School Information
- Elem School District: Azle ISD
- Midd School District: Azle ISD
- High School District: Azle ISD
- Elementary School: Azle
- High School: Azle
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Propane
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Utility Description: Overhead Utilities, Septic Available, Separate Meters, Water Available
Structural Information
- # Buildings: 6
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 5,686
- Sq. Ft. Source: Owner
Lot Features
- Lot Size (Acres): 3.351
- Lot Size (Sq. Ft.): 145,969.56
- Frontage: Private Road, Gravel
Financial Considerations
- Tax Amount: $8,900
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 3.351 ABST: 1280 SURVEY: SLOVER PERLEE
- Exclusions: MINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned
- Property ID: R000069436
Listed by Welcome Home Residential, PLLC, Gene Monroe
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1610 Newsom Mound Rd —
Gene Monroe
Welcome Home Residential, PLLC
214-733-3596
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1610 Newsom Mound Rd
School District:Azle Independent School District
| Name | Grades | Distance |
|---|---|---|
Cross Timbers Elementary School 831 Jackson Trail, Azle, TX 76020 | PK-4 | 2.2 mi |
W E Hoover Elementary School 484 Sandy Beach Road, Azle, TX 76020 | 5-6 | 3.8 mi |
Santo Forte J High School 479 Sandy Beach Road, Azle, TX 76020 | 7-8 | 3.7 mi |
Azle High School 1200 Boyd Road, Azle, TX 76020 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1610 Newsom Mound Rd
Tax History
Tax History for 1610 Newsom Mound Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,196
176%
$525,540
-8%
2024
$3,336
-64%
$571,730
—
2023
$9,196
26%
$571,730
45%
2022
$7,274
-2%
$393,120
—
2021
$7,388
42%
$393,120
47%
2020
$5,198
31%
$268,120
38%
2018
$3,980
-23%
$194,740
-27%
2019
$5,170
29%
$268,120
38%
2017
$3,993
5%
$194,740
—
2016
$3,805
2%
$194,740
—
2015
$3,747
-13%
$194,740
-12%
2014
$4,296
1%
$220,550
—
2013
$4,268
—
$220,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1610 Newsom Mound Rd
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1610 Newsom Mound Road, Springtown, TX 76082 (MLS# 21075365) is a Multi-Family property with 6 units containing 11 bedrooms and 6 full bathrooms. 1610 Newsom Mound Road is currently listed for $985,000 and was received on October 01, 2025. Want to learn more about 1610 Newsom Mound Road? Do you have questions about finding other Multi-Family real estate for sale in Springtown? You can browse all Springtown real estate or contact a Coldwell Banker agent to request more information.