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$445,000

214 County Rd 4870, Newark, TX, 76071

$449,665 ARVInfo
On MarketInfo
CommercialInfo
Beds5 Beds
Baths3 Bath
Baths2,885 Sq Ft
Multi FamilyMulti Family
price_per_sqft$154.25 / sqft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesLighting, Private Yard, Storage

About this property

Live large and unlock the possibilities with this unique property featuring two separate homes on one oversized, fully fenced lot, perfect for multi-generational living, investment potential, or living in one home while generating rental income from the other. The spacious 2,800 sq. ft. main home offers 3 bedrooms and 2 bathrooms with multiple living spaces including formal living, dining, and a family room. The kitchen is filled with character and functionality featuring beautiful 42-inch solid wood cabinets, ample storage, and generous workspace. Fresh interior paint adds a bright, refreshed feel throughout the home. Step outside and enjoy expansive front and back yards, two storage sheds, and plenty of room to spread out and make the property your own. Located outside city limits, this property offers country-style living with more freedom and fewer restrictions. The second residence is a private 800 sqft standalone cottage featuring 2 bedrooms and 1 bathroom with its own entrance, fenced yard, and dedicated parking. Currently tenant occupied, this income-producing cottage offers immediate rental potential and serves as an excellent option for extended family, guests, or supplemental income. Each home is independently metered, adding convenience and true income-producing flexibility. The property also includes a 2-car carport and several major system updates including HVAC systems less than 10 years old, water heaters less than 2 years old, and a well pump replaced in September 2025. PLUS: Seller is offering a $10,000 buyer credit that can be used toward closing costs, buy-down or cosmetic updates. This is a rare opportunity to own a versatile property that combines space, privacy, and income potential all in one. Live large while owning a property that can help pay for itself. Schedule your showing today before it’s gone!

Investor Tools

$0Estimated Mortgage Balance
$445,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$449,664
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

Interested in this property?

Angela Hornburg

One West Real Estate Co. LLC

ContactContact

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Financing Details

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

City: Newark

214 County Rd 4870 | Property Details | No Agent List