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$349,000

189 Point Rider Road, Newark, TX, 76071

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,153 Sq Ft
price_per_sqft$162.1 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesLighting, Outdoor Grill, Outdoor Kitchen
Lot Size6,621 sqft

Building Information

Year Built2020
Roof Type158
Garage Spaces2

Land Information

APNR0294.I030.00
Lot Number30
SubdivisionChisholm Springs Ph2
Land UseResidential
Legal DescriptionLOT 30 BLK I CHISHOLM SPRINGS PH2
Census Tract150603
Assessed Land Value$55,652
Assessed Improvement Value$293,385
Assessment Year2025

About this property

Welcome to 189 Point Rider Road in Newark, where the backyard is just as impressive as the home itself. This beautifully maintained 4-bedroom, 2.5-bath home offers a warm and functional layout with comfortable living spaces and plenty of storage throughout. Step outside to an incredible outdoor living space complete with a fully equipped outdoor kitchen, spacious entertaining area and outdoor grills that will all convey with the home. It is the perfect setup for hosting friends, relaxing after a long day, or enjoying peaceful Texas evenings at home. Inside and out, this property offers the perfect blend of comfort, function, and entertaining space.

Investor Tools

$255,207Estimated Mortgage Balance
$93,830Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Kelli Olivarez

Scottco Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$968
$349,037
2025
$55,652
$293,385
$349,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$968
$349,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Va
$277,130
Yes
First
Dec 15, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,207
$93,830
26%
73%
$1,714/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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189 Point Rider Road | Property Details | No Agent List