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$640,000

345 County Road 4874, Newark, TX, 76071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,754 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.11 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size39,596 sqft

Building Information

Year Built1989
Stories1
Roof Type158
Garage Spaces2

Land Information

APNR1970.0127.00
Lot Number3
SubdivisionNewark Beach Estates
Land UseResidential
Legal DescriptionLOT 3 BLK 7 NEWARK BEACH ESTATES
Census Tract150603
Assessed Land Value$101,416
Assessed Improvement Value$353,361
Assessment Year2025

About this property

This 3-bedroom, 2-bathroom home sits on a stunning 0.909-acre waterfront lot on Eagle Mountain Lake. Featuring 2,754 sq. ft. of living space, the property offers peaceful lakefront views and is perfect for both relaxing weekends and unforgettable gatherings. Enjoy outdoor living at its finest with two spacious patios, a rock firepit, and a large gazebo ideal for entertaining or unwinding by the water. The private boat dock provides convenient access to the lake for boating and water activities. Surrounded by mature shade trees, this home offers a serene, park-like setting. It has been extensively remodeled, with many updates already completed—yet still offers opportunities for the new owner to add their personal touch. Currently used as a family retreat for weekends and holidays, this lakefront gem blends comfort, charm, and leisure in a truly special setting. There are 7 RV hook ups on lot.

Investor Tools

Property Icon
$640,000
Estimated Property Value
$652,500Estimated Mortgage Balance
$73,762Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,430
$454,777
2025
$101,416
$353,361
$454,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,430
$454,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Reverse Mortgage / Hecm
$652,500
No
First
Aug 3, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$566,238
$73,762
11%
88%
$2,692/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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345 County Road 4874 | Property Details | No Agent List