1610 Newsom Mound Rd

$985,000
Price
11
Beds
5,686 Sq. Ft.
$173 / Sq. Ft.
5,686
Sq. Ft.
$173
per Sq. Ft.

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...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.
  1. Listed by Eugene Monroe • TREC #0517879 • Welcome Home Residential, PLLC • 214-733-3596

Property Details for 1610 Newsom Mound Road

Subdivision Name
.
Pool
No
Garage Spaces
3
Number Of Parking Spaces
24
LISTING UPDATED: 10/01/2025 10:10 PM

Property Details for 1610 Newsom Mound Road

StatusActive
MLS #21075365
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built9999
Lot Size3.35 AC / 145,969 SF
CountyParker County

Location

Listing Courtesy of Welcome Home Residential, PLLC, Eugene Monroe
Add your commute

Building Information for 1610 Newsom Mound Road

Stories1Residences6Year Built9999Building Size-Lot Size3.35 AC / 145,969 SF

Payment Calculator

$5,633 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,867

Property Taxes

$766

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1610 Newsom Mound Road

Summary
Location and General Information
  • Complex Name: .
  • Directions: From Azle Highway 199 East towards Springtown. Turn Left on Newsom Mound Rd. Properties are on the left.
  • Elementary School: Azle
  • Elementary School Name: Azle
  • High School: Azle
  • High School Name: Azle
  • Junior High School: Forte
  • Year Built Details: Preowned
  • School District: Azle ISD
  • Geocode Confidence: High
  • Latitude: 32.92
  • Longitude: -97.60
  • State: Texas
Parking
  • Parking Features: Assigned, Attached Carport, Covered
  • Carport Spaces: 8
  • Parking Spaces Covered Total: 6
Taxes and HOA Information
  • Tax Legal Description: ACRES: 3.351 ABST: 1280 SURVEY: SLOVER PERLEE
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile
  • Heating: Central, Propane
  • Interior Features: High Speed Internet Available
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Washer
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Siding
  • Exterior Features: Storage
  • Foundation Details: Pillar/Post/Pier, Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 6
  • Levels: One
Property
Utilities
  • Utilities: Aerobic Septic, Community Mailbox, Gravel/Rock, Individual Water Meter, Outside City Limits, Overhead Utilities, Private Road, Septic, Unincorporated
Property and Assessments
  • Exclusions: MINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Security Lights
  • Property Match: APN
Lot Information
  • Lot Size: 3 to < 5 Acres
  • Lot Size Acres: 3.351
  • Lot Size Area: 3.351
  • Lot Size Units: Acres
  • Lot Size Square Feet: 145969.56
  • Multi Parcel ID: No
  • Parcel Number: R000069436
Multi Family
Multi-Family Information
  • Number Of Buildings: 6
  • Capitalization Rate: 7.00%
  • Gross Annual Expenses: $5,500
  • Gross Annual Income: $87,016
  • Insurance Expense: $3,647
  • Net Operation Income: $68,969.00
Unit 1
  • Approximate SQFT: 906.0
  • Average Lease Amount: $1,400.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 960.0
  • Average Lease Amount: $1,300.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 1057.0
  • Average Lease Amount: $1,425.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 981.0
  • Average Lease Amount: $1,225.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 5
  • Approximate SQFT: 1206.0
  • Average Lease Amount: $1,450.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 6
  • Approximate SQFT: 576.0
  • Average Lease Amount: $950.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 1610 Newsom Mound Road

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Listed (Active)

NTREIS #21075365

$985,000
Oct 15, 2009

Sold

NTREIS #11153014

Sep 4, 2009

Pending

NTREIS #11153014

Feb 17, 2009

Listed (Active)

NTREIS #11153014

$100,000
DateEvent & SourcePrice
10/01/2025

Listed (Active)

NTREIS #21075365

$985,000
10/15/2009

Sold

NTREIS #11153014

09/04/2009

Pending

NTREIS #11153014

02/17/2009

Listed (Active)

NTREIS #11153014

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1610 Newsom Mound Road

Taxable ValueLand$33,510Additions$492,030Total$525,540
Tax Record2023$9,196 ($766 / month)
Home Facts
Total Finished SqFt3,259 SqFtAbove Grade Finished SqFt3,259 SqFtStories1Lot Size145,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built2018CountyPARKERAPN21280-017-002-00

Schools near 1610 Newsom Mound Road

This home is within Azle Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Cross Timbers Elementary School
PublicK to 4

W E Hoover Elementary School
Public5 to 6

Santo Forte J High School
Public7 to 8

Azle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1610 Newsom Mound Road is a multi-family home for sale in Springtown, TX 76082. This property was listed for sale on October 1, 2025 by Welcome Home Residential, PLLC, it's currently listed at $985,000. It has been on the market for a total of 83 days and was last sold on October 15, 2009. This listing's school district is Azle Independent School District. Nearby schools include Cross Timbers Elementary School, W E Hoover Elementary School and Santo Forte J High School. 1610 Newsom Mound Road is a 11-bed, 6-bath, 5,686 sqft multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Welcome Home Residential, PLLC, Eugene Monroe

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 10/01/2025 10:10 PM