2764 W Highway 199

Springtown, TX 76082

$575,000
Price
13
Beds
3,728 Sq. Ft.
$154 / Sq. Ft.
3,728
Sq. Ft.
$154
per Sq. Ft.

Description

Welcome to this phenomenal piece of real estate. 1 acre of land featuring six rental income properties in a prime location right off Highway 199. This property boasts a total of six units: three one bedroom one bath homes, a duplex with each side offering one bedroom and one bath, and a spacious newly remodeled three bedroom one bath home. All properties are currently rented. Whether you're a seasoned investor or a first time buyer looking for passive income, this property has it all.Welcome to this phenomenal piece of real estate. 1 acre of land featuring six rental income properties in a prime location right off Highway 199. This property boasts a total of six units: three one bedroom one bath homes, a duplex with each side offering one bedroom and one bath, and a spacious newly remodeled three bedroom one bath home. All properties are currently rented. Whether you're a seasoned investor or a first time buyer looking for passive income, this property has it all.
  1. Listed by Beth Correll • TREC #0342935 • Weichert REALTORS, Team Realty • (817) 220-4663

Property Details for 2764 West Highway 199

Subdivision Name
T & Prr Co Abs 1392 Surv 115
Pool
No
Garage Spaces
0
Number Of Parking Spaces
12
LISTING UPDATED: 12/19/2025 10:39 AM

Property Details for 2764 West Highway 199

StatusActive
MLS #21075304
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1972
Lot Size1.00 AC / 43,560 SF
CountyParker County

Location

Listing Courtesy of Weichert REALTORS, Team Realty, Beth Correll
Add your commute

Building Information for 2764 West Highway 199

Stories1Residences6Year Built1972Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$3,599 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,841

Property Taxes

$758

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2764 West Highway 199

Summary
Location and General Information
  • Complex Name: n/a
  • Directions: From Springtown go west approximately 5 miles Property on the right.
  • Elementary School: Springtown
  • Elementary School Name: Springtown
  • High School: Springtown
  • High School Name: Springtown
  • Middle School: Springtown
  • Year Built Details: Preowned
  • School District: Springtown ISD
  • Geocode Confidence: High
  • Latitude: 32.98
  • Longitude: -97.73
  • State: Texas
Parking
  • Parking Features: Common, Open
  • Carport Spaces: 0
Taxes and HOA Information
  • Tax Legal Description: ACRES: 1.000 ABST: 1392 SURVEY: T & P RR CO S
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Central, Electric
  • Interior Features: Eat-in Kitchen
  • Appliances: Electric Range, Electric Water Heater, Vented Exhaust Fan
  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Siding
  • Foundation Details: Pillar/Post/Pier, Slab
  • Number Of Stories: 1
  • Roof: Composition, Metal
  • Waterfront: No
  • Number Of Units Total: 6
  • Levels: One
Property
Utilities
  • Utilities: Co-op Electric, Co-op Water, Outside City Limits, Septic, Well
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Cul-De-Sac, Few Trees
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 43560.0
  • Multi Parcel ID: No
  • Parcel Number: R000054452
Multi Family
Multi-Family Information
  • Number Of Buildings: 6
  • Capitalization Rate: 9.36%
  • Gross Annual Expenses: $12,156
  • Gross Annual Income: $66,000
  • Insurance Expense: $0
  • Tenancy: Month to Month
  • Net Operation Income: $53,844.00
Unit 1
  • Approximate SQFT: 0.0
  • Average Lease Amount: $800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 0.0
  • Average Lease Amount: $800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 0.0
  • Average Lease Amount: $800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 0.0
  • Average Lease Amount: $800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 5
  • Approximate SQFT: 0.0
  • Average Lease Amount: $800.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 6
  • Approximate SQFT: 0.0
  • Average Lease Amount: $1,500.00
  • Kitchen Length: 11.0
  • Kitchen Width: 11.0
  • Living Area Length: 17.0
  • Living Area Width: 12.0
  • Master Bed Length: 11.0
  • Master Bed Width: 9.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 2764 West Highway 199

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Price Change

NTREIS #21075304

$575,000—
Oct 1, 2025

Expired

NTREIS #20887681

—
Oct 1, 2025

Listed (Active)

NTREIS #21075304

$600,000—
Jun 18, 2025

Withdrawn

NTREIS #20887681

—
Jun 17, 2025

Temporarily Off Market

NTREIS #20887681

—
Mar 31, 2025

Listed (Active)

NTREIS #20887681

$450,000—
Nov 28, 2023

Expired

NTREIS #20290376

—
Jul 7, 2023

Pending

NTREIS #20290376

—
Jun 10, 2023

Active Option Contract

NTREIS #20290376

—
May 24, 2023

Price Change

NTREIS #20290376

$415,000—
Mar 29, 2023

Listed (Active)

NTREIS #20290376

$430,000—
DateEvent & SourcePrice
12/19/2025

Price Change

NTREIS #21075304

$575,000
10/01/2025

Expired

NTREIS #20887681

—
10/01/2025

Listed (Active)

NTREIS #21075304

$600,000
06/18/2025

Withdrawn

NTREIS #20887681

—
06/17/2025

Temporarily Off Market

NTREIS #20887681

—
03/31/2025

Listed (Active)

NTREIS #20887681

$450,000
11/28/2023

Expired

NTREIS #20290376

—
07/07/2023

Pending

NTREIS #20290376

—
06/10/2023

Active Option Contract

NTREIS #20290376

—
05/24/2023

Price Change

NTREIS #20290376

$415,000
03/29/2023

Listed (Active)

NTREIS #20290376

$430,000

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

Public Records for 2764 West Highway 199

Taxable ValueLand$85,000Additions$505,080Total$590,080
Tax Record2024$9,095 ($758 / month)
Home Facts
Beds0Total Finished SqFt3,728 SqFtAbove Grade Finished SqFt3,728 SqFtStories1Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1972CountyPARKERAPN21392-022-000-00

Schools near 2764 West Highway 199

This home is within Springtown Independent School District.
Rating
School
Type
Grades
Distance
Goshen Creek Elementary School
Public - K to 4
Springtown Intermediate School
Public - 5 to 6
Springtown Middle School
Public - 7 to 8
Springtown High School
Public - 9 to 12
Rating
School
Distance
Goshen Creek Elementary School
PublicK to 4

Springtown Intermediate School
Public5 to 6

Springtown Middle School
Public7 to 8

Springtown 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.

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More information about 2764 West Highway 199, Springtown, TX 76082

2764 West Highway 199 is a multi-family home for sale in Springtown, TX 76082. This property was listed for sale on October 1, 2025 by Weichert REALTORS, Team Realty, it's currently listed at $575,000. This listing's school district is Springtown Independent School District. Nearby schools include Goshen Creek Elementary School, Springtown Intermediate School and Springtown Middle School. 2764 West Highway 199 is a 13-bed, 6-bath, 3,728 sqft multi-family home built in 1972.

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 Weichert REALTORS, Team Realty, Beth Correll

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: 12/19/2025 10:39 AM