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$149,000

199 Park St, Newark, TX, 76071

$193,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.24 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile

Exterior

Lot Size19,907 sqft

Building Information

Year Built1978
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR0255.0009.00
Lot Number1
SubdivisionBrown Park
Land UseResidential
Legal DescriptionLOT 1 BLK 3 BROWN PARK
Census Tract150603
Assessment Year2025

About this property

Priced below market for a quick sale! Brick 3 bed, 2 bath ranch with a metal roof on an almost half-acre lot in Newark shaded by mature trees. Inside are an open living and dining area, a kitchen with good cabinet space, and a primary bedroom with a walk-in closet and private bath. The secondary bedrooms also have walk-in closets. A bonus room off the kitchen could be a workshop, flex space, or laundry. Outside are an attached carport, a gravel drive, and storage shed. A blank canvas for a full rehab. A good fit for investors or buyers looking to build equity. Quick access to Hwy 114 and 287. Sold AS-IS. Buyer to verify all information, including schools and measurements.

Investor Tools

$26,367Estimated Mortgage Balance
$251,633Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$193,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Keaton Pham

StepStone Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,186
$241,916
2025
N/A
N/A
$255,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,186
$241,916

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Stand Alone First / Home Equity First Lien
$75,000
No
First
May 26, 2015
Jun 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,367
$251,633
90%
9%
$599/mo

City: Newark

199 Park St | Property Details | No Agent List