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$305,000

176 Banjo Trl, Newark, TX, 76071

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.96 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size16,901 sqft

Building Information

Year Built2022
Roof Type158
Garage Spaces2

Land Information

APNR0294.M022.00
Lot Number22
SubdivisionChisholm Springs Ph3
Land UseResidential
Legal DescriptionLOT 22 BLK M CHISHOLM SPRINGS PH3
Census Tract150603
Assessed Land Value$67,926
Assessed Improvement Value$322,307
Assessment Year2025

About this property

Located on one of the subdivision's premier lots, large enough for a pool, outdoor living space, storage building, garden and more, measuring .388 acres. So many options to make it your own. This spacious 5 bedroom 2.5 bath has an open floor plan on first floor. Plentiful cabinets, storage and granite counters in the delightful kitchen incuding stainless appliances. Private primary suite complete with garden tub, separate shower and large walk in closet. Upstairs you will find a great game room, 4 secondary bedrooms, full bath and laundry room. All neutral walls provide an opportunity for you to personalize. Take a look today!

Investor Tools

Property Icon
$390,233
Estimated Property Value
$401,900Estimated Mortgage Balance
$17,743Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,341 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Marilyn Read

PREFERRED PROPERTIES

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,078
$390,233
2025
$67,926
$322,307
$390,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,078
$390,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$401,900
Yes
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,837
$16,396
4%
96%
$2,410/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.

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: Newark

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176 Banjo Trl | Property Details | No Agent List