Newark, TX 76071
$650,000List Price
$4,886 Est. Mo. Payment
4
4
8
4,200ft2

Status

Available

Market MatchUP

How this home compares to similar 4 bedroom homes in Newark
  • Price Comparison
    $119,106 higher
  • Home Size
    1555 sq. ft. larger
  • Built in 2024
    Newer than 99% of homes in Newark
  • Newark Snapshot
    16 active listings
    36% have 4 bedrooms
    • Typical 4 bedroom size: 2645 sq. ft.
    • Typical 4 bedroom price: $530,893

Description

This brand-new quadruplex offers a prime investment opportunity, featuring four 1-bedroom, 1-bath units, each 1,050 SQFT, for a total of 4,200 SQFT of modern living space. Situated on spacious land, the property is enclosed by a metal fence for privacy, with a wrought iron entrance adding to its charm. A paved driveway provides ample parking, including eight covered carport spaces (two per unit). Each 1-bedroom, 1 bath unit is thoughtfully designed with an open-concept kitchen and living area, highlighted by granite countertops, stainless steel appliances, shaker cabinets, and a stylish backsplash. Recessed lighting and ceiling fans add comfort and efficiency. Tile flooring and barn doors create a modern yet warm aesthetic. For year-round comfort, each unit is equipped with two heating and cooling mini-split systems. Spacious walk-in closets provide ample storage, and the bathroom-laundry area offers convenience with quartz countertops, undermount sinks, tiled flooring, and a frameless glass shower. The seller is open to a 1031 exchange or owner financing with 20% down at the current investor mortgage rate—bad credit is okay. This is an incredible opportunity for an investor or a homeowner seeking rental income potential!

MLS Listing ID

20881167

Listed By

Rebekah Gilbert
817-354-7653
Century 21 Mike Bowman, Inc.

Map

Min zoom level reached
High School
Northwest
Elementary School
Sevenhills
High School District
Northwest ISD
Middle Or Junior School
Chisholmtr
Tax Annual Amount
1034
$
$
%

Estimated Monthly Payment

$4,886

Loan Amount

$617,500

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
4

Kitchen

Appliances

  • Dishwasher
  • Electric Range
  • Tankless Water Heater
  • Electric Water Heater
  • Disposal
  • Microwave

Laundry

Laundry Features

  • Washer Hookup
  • Electric Dryer Hookup

Highlights

Interior Features

  • High Speed Internet
  • Decorative/Designer Lighting Fixtures
  • Cable TV
  • Granite Counters
  • Walk-In Closet(s)
  • Open Floorplan

Roof

  • Metal

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Electric
  • Wall Unit(s)
  • Ceiling Fan(s)

Fencing

  • Full
  • Fenced
  • Gate
  • Metal
Lot Size Acres
0.46
Parcel Number
761621

Pool Features

  • None
Property Type
Residential
Covered Spaces
8

Window Features

  • Window Coverings

Parking Features

  • Paved
  • Driveway
  • Carport
  • Gated
Property Sub Type
Apartment

Exterior Features

  • Lighting
New Construction
Virtual Tour
Validating link...

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank
Year Built
2024

Foundation Details

  • Slab

Architectural Style

  • Traditional

Construction Materials

  • Wood Siding

Heating

  • Other
  • Electric
Heating

Utilities

  • Electricity Available
  • Electricity Connected
  • Cable Available
  • Septic Available

Green Energy Efficient

  • Water Heater
  • Roof