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$435,000

$445,000

214 County Road 4870, Newark, TX, 76071

$442,848 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.78 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard, Storage
Lot Size26,005 sqft

Building Information

Year Built1979
Stories1
Roof Type158
Garage Spaces2

Land Information

APNR1970.0204.00
Lot Number17
SubdivisionNewark Beach Estates
Land UseResidential
Legal DescriptionLOT 17 BLK 16 NEWARK BEACH ESTATES
Census Tract150603
Assessment Year2025

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 $20,000 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

Property Icon
$480,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$385,990Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$442,847
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /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
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$510
$298,738
2025
N/A
N/A
$317,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$510
$298,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Stand Alone Second / Subordinate Position
$100,000
No
First
Apr 28, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,010
$385,990
80%
20%
$600/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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214 County Road 4870 | Property Details | No Agent List