Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$499,000

NAL Estimated Property Value

1624 Newsom Mound Road, Springtown, TX, 76082

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,901 Sq Ft
Multi FamilyMulti Family
price_per_sqft$101.82 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Gas Range, Refrigerator, Tankless Water Heater

About this property

Tenant Occupied DO NOT DISTURB! Multi-Family Investment Property. 6 units total, 5 are leased. 3 homes recently had exterior siding replaced and painted, some units had new exterior stairs, and all units have new tankless water heaters recently installed. 4 units are 2 bedroom, 1 bath and either have garage or carport. 1 unit is 1 bedroom, 1 bath with carport. 6th unit was used as a Clubhouse, but can be configured into another rental. Each unit has tile throughout and upgraded slow closure kitchen cabinets. (Clubhouse water $35 per month and electric is $35.) Co-op water and septics. Tenants pay all their own utilities. May be room for 2 more units to be constructed on this 3.3 acres. Check with Parker County.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Springtown

1624 Newsom Mound Road | Property Details | No Agent List