Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$185,000

509 Wise St, Newark, TX, 76071

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.99 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringTile

Exterior

Lot Size12,284 sqft

Building Information

Year Built1982
Stories1
Roof Type158
Garage Spaces1

Land Information

APNR1970.0552.00
Lot Number28
SubdivisionNewark Beach Estates
Land UseResidential
Legal DescriptionLOT 28 BLK 10 NEWARK BEACH ESTATES
Census Tract150603
Assessed Land Value$51,291
Assessed Improvement Value$154,730
Assessment Year2025

About this property

Nice Home! Welcome to your new home in Newark, Texas, country living close to the city! Inside this spacious, open concept layout, you'll find a remodeled 2-bedroom 1 bathroom home on a sprawling huge lot in Northwest ISD. with fresh paint, and much more. The beautiful mature trees provide shade in hot Texas summers. The large lot offers plenty of room for gardening, playing, or simply enjoying the peaceful surroundings. High speed available, easy access to the metroplex, and only 10 minutes to Walmart and shopping make this the perfect home. No HOA or restrictions Information deemed reliable but not guaranteed. Buyer & buyer's agent to verify all info for measurements & schools

Investor Tools

Property Icon
$224,000
Estimated Property Value
$171,000Estimated Mortgage Balance
$62,407Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,553
$206,021
2025
$51,291
$154,730
$206,021
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,553
$206,021

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$171,000
No
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,593
$62,407
27%
72%
$1,026/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

509 Wise St | Property Details | No Agent List