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$275,000

119 New Acres Drive, Hewitt, TX, 76643

$284,343 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.08 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size10,498 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363280000037000
Lot Number8
SubdivisionNew Acres
Land UseResidential
Legal DescriptionNEW ACRES LOT 8 BLOCK 3 ACRES .241
Census Tract003708
Assessed Land Value$18,900
Assessed Improvement Value$266,740
Assessment Year2025

About this property

Welcome to a home that just fits your life — spacious, comfortable, and set in the highly sought-after Midway ISD. With 4 bedrooms, 3 full baths, and 1,922 sq. ft. of living space, this home gives you the freedom to spread out, settle in, and truly make it your own. Inside, the layout feels warm and practical from the moment you step in. You’ll love having two primary suites, perfect for multigenerational living, hosting long-term guests, or creating a private retreat for anyone who needs it. The secondary suite even has the potential to add a stove, making it easy to turn into a fully functioning studio with its own entrance. The galley kitchen keeps everything close and convenient, flowing into two separate dining areas so you can enjoy big family dinners or slow Saturday-morning coffee without feeling crowded. Out back, the large yard is the kind of space that invites you to unwind, you are grilling with friends, starting a garden, or just watching the sky change colors in the evening. The oversized storage shed gives you plenty of room for tools, hobbies, or seasonal décor, and the 2-car garage adds even more convenience. And the best part? You’re just minutes from shopping, dining, and all the everyday essentials. This home brings together comfort, flexibility, and a location that makes life easier. It’s the kind of place that feels right from the start, ready for you to move in and make it your own.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$240,044Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$284,343
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Jennifer Shelburne

Bentwood Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,766
$240,996
2025
$18,900
$266,740
$285,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,766
$240,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$82,700
No
First
Oct 8, 2012
Nov 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,956
$240,044
80%
19%
$496/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$496/mo
+$1,224/mo
6.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hewitt

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119 New Acres Drive | Property Details | No Agent List