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$348,000

NAL Estimated Property Value

400 Newfield Ln, Springtown, TX, 76082

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,447 Sq Ft
price_per_sqft$241.88 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesBarbecue, Outdoor Grill, Storage
Lot Size6.66 acres

Building Information

Year Built1986
Stories1
Roof Type112
Garage Spaces8

Land Information

APNA0847.0012.00
SubdivisionA-847 T & Prr
Land UseResidential
Legal DescriptionA-847 T & PRR 6.66 ACRES
Census Tract150604
Assessment Year2025

About this property

Country Oasis in Springtown, TX! Discover a breathtaking opportunity to own a captivating 3-bedroom, 2-bath home situated on 6.66 sprawling acres in Wise County. This gem boasts a two-story layout with a cozy wood-burning stove in the living room, complemented by concrete floors and a charming gas stove in the kitchen. Step outside to your serene sanctuary featuring a covered patio with a fireplace, making it perfect for tranquil evenings and entertaining. The expansive property includes a large shop, storage building, chicken coop, and additional covered parking for an RV or boat. Enjoy the benefits of a well and septic system—no water bills here! The land is partially fenced with a mix of native grass and coastal, and an existing AG exemption adds to its allure. Embrace the peaceful solitude of country living while staying close to shopping. Don't miss out—contact the listing agent today for a private showing. Your dream home awaits!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$298,713Estimated Mortgage Balance
$49,287Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$494
$208,015
2025
N/A
N/A
$354,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$494
$208,015

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$305,000
No
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,713
$49,287
14%
86%
$1,829/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: Springtown

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400 Newfield Ln | Property Details | No Agent List