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$305,000

152 Banjo Trail, Newark, TX, 76071

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size8,233 sqft

Building Information

Year Built2022
Roof Type158
Garage Spaces2

Land Information

APNR0294.M027.00
Lot Number27
SubdivisionChisholm Springs Ph3
Land UseResidential
Legal DescriptionLOT 27 BLK M CHISHOLM SPRINGS PH3
Census Tract150603
Assessed Land Value$56,554
Assessed Improvement Value$322,307
Assessment Year2025

About this property

Spacious two-story home featuring 5 bedrooms, 2.5 bathrooms, 2 living areas, dining area, and a 2-car garage. The open-concept floor plan offers a spacious living area that flows into the kitchen, complete with granite countertops, a breakfast bar, and ample cabinet and counter space. The primary bedroom is located on the first floor and features a large walk-in closet, dual-sink vanity, garden tub, and a separate shower. Upstairs offers four additional bedrooms, a full bath with dual sinks, utility room, and a versatile area that can be used as a second living area, game room, media room, office, or playroom. Situated on an approximately 0.189-acre lot with a large backyard and no rear neighbors All measurements, square footage, and school information are approximate and should be independently verified. Property is owned by the Secretary of Veterans Affairs and is being sold AS-IS. Visit VRMProperties for more information.

Investor Tools

$383,120Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,273 /month
Positive
Cash Flow Estimate:
$758 /month

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Susy Saldivar Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,318
$378,861
2025
$56,554
$322,307
$378,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,318
$378,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$411,143
Yes
First
Oct 7, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,120
N/A
0%
101%
$2,466/mo

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.

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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: Newark

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