Status
Market MatchUP
How this home compares to similar 3 bedroom homes in Newark- Price Comparison$62,131 lower
- Home Size227 sq. ft. smaller
- Built in 1995Older than 66% of homes in Newark
- Newark Snapshot• 13 active listings• 42% have 3 bedrooms• Typical 3 bedroom size: 1613 sq. ft.• Typical 3 bedroom price: $311,130
Description
Discover this 1.475-acre residential lot featuring a 1,386 sq ft 1995 manufactured mobile home, ideal for renovation into a cozy home or income-producing rental. Located in Newark, TX, with no zoning restrictions, this property boasts an in-ground pool, perfect for relaxation or tenant appeal. Equipped with two water wells and three septic systems, it offers self-sufficient utilities for versatile use. The mobile home requires renovations to unlock its full potential, making it a prime opportunity for investors or DIY buyers. Seller is offering the adjacent 7,868 sq ft commercial building and other improvements on 0.337 acres (MLS #20921087) combined together as a live-work package. Seller will not sell these properties separately. Both properties are perfect for entrepreneurs or homeowners seeking space and flexibility. With rental income potential post-renovation and a prime location just 1,600 ft north of FM 718 and FM 3433 (7 Hills Rd), this property is a rare find. Don’t miss this chance to create your dream home or investment! See MLS #20921087 for commercial details.
MLS Listing ID
Listed By
Map
Estimated Monthly Payment
$1,877Loan Amount
$236,550This 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
Kitchen
Appliances
- Electric Cooktop
- Electric Oven
- Dishwasher
- Electric Water Heater
Laundry
Laundry Features
- Laundry in Utility Room
- Electric Dryer Hookup
- Washer Hookup
Highlights
Interior Features
- Open Floorplan
- Kitchen Island
- Walk-In Closet(s)
- Other
Roof
- Composition
- Shingle
Sewer
- Septic Tank
Levels
- One
Cooling
- Window Unit(s)
- Electric
- Ceiling Fan(s)
- Central Air
Current Use
- Manufactured Home
Pool Features
- In Ground
- Outdoor Pool
- Gunite
- Pool Sweep
- Private
- Pool
Parking Features
- Driveway
- Detached Carport
- Gravel
- No Garage
Road Frontage Type
- Farm to Market Road
- City Street
Patio And Porch Features
- Rear Porch
- Front Porch
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Road Surface Type
- Asphalt
Architectural Style
- Mobile Home
- Traditional
Construction Materials
- Wood Siding
- Aluminum Siding
Heating
- Central
- Electric
Utilities
- None
- Septic Available
- Water Available
- Electricity Connected