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1610 Newsom Mound Road
Springtown, TX 76082
11 Beds
6 Baths
0 sq ft
MLS 21075365
MLS 21075365
Beds
Baths
Sq Ft
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.
On the market for 50 days
Multi-Family built in 0
35 sq ft lot
per sq ft
No Pool
Summary of the property details
Beds:
11
Baths:
6
Sq. Ft:
0
Stories:
1
County:
Parker
Last updated Oct 2, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Year Built:
9999
New Construction:
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Subdivision:
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Area:
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Master Planned:
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Style:
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Type:
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Garage Type:
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# of Bedrooms:
11
# of Baths (Full):
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# of Fireplaces:
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Fireplaces Description:
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Room Description:
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Bedroom Description:
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Kitchen Description:
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Disposal:
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Compactor:
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Countertops:
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Cable:
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Cool System:
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Appliances:
Dishwasher, Dryer, Gas Range, Microwave, Washer
Loft:
N/A
Furnished:
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Floors:
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Private Pool:
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Pool Area:
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Features:
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Water / Sewer:
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Complex Access:
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Lot Description:
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# of Garage Parking Spaces:
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Garage Carport:
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Application Fee:
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Rental Terms:
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Smoking Allowed:
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Deposit Pet:
N/A
Pets Allowed:
N/A
Elementary
Middle
High School
No upcoming open houses
Welcome Home Residential, PLLC
Homes similar to 1610 Newsom Mound Road are listed between $17,000 and $975,000 at and average of $127 per square foot.
