For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Newark 76071
187 County Road 4871
$165,000
● House - Off Market

187 County Road 4871

Newark, TX 76071
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,302 Ft²
$1,037
Est. Monthly
10.21%
Cap Rate

About This Property

Awesome opportunity for a buyer to come add their custom touches to this diverse property. Located on a quiet street on the outskirts of Newark, TX. You'll find a Pecan Tree lined street with peaceful deer and wildlife. The property itself has multiple out buildings, large shop with living quarters above. A large well house and several places to park a boat or RV. Many large pecan trees on the lot as well. The property is being Sold As Is with all things included. Lots of good bones in the home and a nice garage with attached carport and office. This is a project that is worth your time to take a look at.
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$130
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20816563)

Price History

Date / Event Date Event Price
Mar 19, 2025 Sold
Premium
Sold
Feb 27, 2025 In contract -
In contract
Jan 14, 2025 Listed by Keller Williams Realty $169,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 288
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,483
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWARK BEACH ESTATES
  • Land Acres: 0000000585
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 4 BLK 4 NEWARK BEACH ESTATES

Neighborhood

  • School District Name: Northwest Independent School District
  • School Tax School District: NORTHWEST ISD
  • School Tax District Code 2: WCID #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150603

Geography

  • Assessors Map Reference: AIR MAP: 1219
  • Account Number: 000000763164
  • Parcel: R1970.0157.00
  • Block: 4
  • Lot: 4
  • Municipality: NEWARK
  • Latitude: 33.0049
  • Longitude: -97.4932

    Address

  • Full Address: 187 County Road 4871
  • Address - House Number: 187
  • Address - Street Name: County Road 4871
  • State: TX
  • City Name: Newark
  • Carrier Code: R021
  • 4-Digit Zip Code: 3427
  • Zip Code: 76071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $243,506
  • Tax Rate Code Area: LTR,SNW,WC

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 247,285
  • High Value: 306,806
  • Low Value: 187,764

    Market Valuation

  • Market Total Value: $174,506
  • Market Land Value: $37,435
  • Market Improvement Value: $137,071

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,506
  • Assessed Land Value: $37,435
  • Assessed Improvements Value: $137,071
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newark

Stats & Trends

Median Asking:

$247,500

Sale Price/ft²

$164

Below Asking

0.14%

Average Days on Market

99

Average Home Size

2099 ft²

Average Home Age

35.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Earl Bilbrey, Keller Williams Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20816563
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 187 County Rd 4871 built and last sold?
The property at 187 County Rd 4871 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 187 County Rd 4871 is $174,854.
What are some comparable homes to 187 County Rd 4871?
There are currently no comparable homes to 187 County Rd 4871.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Boyd-Rhome Homes for Sale
Boyd-Rhome Houses for Sale
Boyd-Rhome Land for Sale
Boyd-Rhome Commercial for Sale
Boyd-Rhome Homes with Basements
Boyd-Rhome Homes with Pools
Boyd-Rhome Homes with Parking
Boyd-Rhome Homes with Garages
Nearby Cities
Fort Worth Homes for Sale
Denton Homes for Sale
Flower Mound Homes for Sale
North Richland Hills Homes for Sale
Keller Homes for Sale
Bedford Homes for Sale
Southlake Homes for Sale
Grapevine Homes for Sale
Nearby Property Records
Wise County, TX Property Records
Denton County, TX Property Records
Tarrant County, TX Property Records
Parker County, TX Property Records
Montague County, TX Property Records
Jack County, TX Property Records
Cooke County, TX Property Records
Dallas County, TX Property Records
Neighborhoods
Sendera Ranch Real Estate
Villages of Woodland Springs Real Estate
Summerfields Real Estate
Heritage Real Estate
Park Glen Real Estate
Trophy Club Real Estate
Lake Country Real Estate
Far Greater Northside Real Estate
Nearby Counties
Northeast Tarrant Homes for Sale
Lewisville-Flower Mound Homes for Sale
Justin-Roanoke Homes for Sale
Denton Homes for Sale
Springtown-Reno Homes for Sale
Bridgeport Homes for Sale
Sanger Homes for Sale
Weatherford Northwest Homes for Sale
Top Real Estate Agents
Top Agents in Boyd-Rhome
Top Agents in Fort Worth
Top Agents in Northeast Tarrant
Top Agents in Lewisville-Flower Mound
Top Agents in Justin-Roanoke
Top Agents in 76227
Top Agents in Denton
Top Agents in 76179