3 months on rocket

505 Wise St, Newark, TX, 76071

$205,000

Home List Price

$2,434*

Closing Credit

2 Bedrooms
1 Full Bath
1,148 SqFt
$179/SqFt
House

Location

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505 Wise St, Newark$205,000

Buyer Closing Credits

$2,434*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage1 space
Year Built1982
MLS #20694077
Lot Size0.28 Acres
StatusActive

About 505 Wise St

**HUGE PRICE REDUCTION! These sellers are very motivated! **Charming 2-Bedroom Home Near Eagle Mountain Lake** Nestled in the heart of a friendly small town, this lovely 2-bedroom, 1-bath home offers a perfect blend of comfort and convenience. Situated on a spacious 0.28-acre lot, you'll have plenty of room to enjoy outdoor activities or simply relax in your own private oasis. Located just a short distance from Eagle Mountain Lake, you'll have easy access to a free boat ramp, making it a breeze to enjoy days on the water. The small-town environment provides a welcoming community atmosphere, ideal for those looking to escape the hustle and bustle of city life. Come and experience the best of both worlds – serene living with easy lake access. This charming home is ready to welcome you! Regards

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1982
  • Living Area: 1,148 SqFt

Listing Office:

  • Office Name: Regal, REALTORS
  • Office Phone: (972) 771-6970
  • Listing Agent: Dana Oatman

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Basement: No
  • Interior: High Speed Internet, Open Floorplan, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 505 Wise St
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Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

School Info

Assigned Schools Information:

  • Northwest High School, Public District Grades 9-12
  • Chisholm Trail Middle School, Public District Grades 6-8
  • Seven Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Follow GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $205,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $2,428
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newark, TX.

Med. List Price

$329K

Med. Price/SqFt

$184

Avg. Days On Market

103

# of Sold Homes

6

505 Wise St vs Newark

91 DAYS ON ROCKET

-12 Days

$205,000

-$124K Less

$179/SqFt

-$6 Less

KEY TAKEAWAY

This property is $124K less than the Median List Price and $6/SqFt less than other homes in Newark, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20694077

Listing Office:

  • Office Name: Regal, REALTORS
  • Office Phone: (972) 771-6970
  • Listing Agent: Dana Oatman

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/4/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,428$107,140
2020$2,350$106,030
2019$2,119$97,900
2018$2,119$85,440
2017$1,959$78,500

History based on county public records data.

Payment Calculator

$1,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1888875
4
/10
  • Seven Hills Elementary School

  • 654 Fm 3433

  • 1.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1888876
4
/10
  • Chisholm Trail Middle School

  • 583 Fm 3433

  • 2.17 miles

  • Public District Grades 6-8

High School

school-card-donut-1888877
4
/10
  • Northwest High School

  • 2301 Texan Dr

  • 10.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,731. Typical income of Newark, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Wise St

What is the listing price of this property?

The listing price of 505 Wise St property is $205,000.

What type of property is this?

The property 505 Wise St is a house located in Newark, Texas, 76071.

Is this property for sale now?

Active Listing: 505 Wise St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Wise St are:
Seven Hills Elementary School: GreatSchools Rating 4/10
Chisholm Trail Middle School: GreatSchools Rating 4/10
Northwest High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,428 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Wise St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 Wise St is 1,148 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Wise St is 1982.

Rocket HomesTexasWise CountyNewark76071505 Wise St

This home is located at 505 Wise St in Newark, TX and zip code 76071. This 1,148 square foot home, which was built in 1982, sits on a 0.28 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $205,000.

The number of listings in Newark, TX decreased by 15.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $329,000, while the average time on the real estate market was 103 days.

From Rocket Homes Real Estate and based on county public records data.

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