tomo logo

$310,000

Beds
3
Baths
2.0
sq ft
1,703

304 FM 718, Newark, TX 76071

304 FM 718

Newark, TX 76071

  • 105 days on market
    • Price drop $5,000↓
Welcome to this idyllic property nestled in the heart of Newark! Beautifully maintained 3-bedroom, 2-bathroom home, offering 1,703 sq. ft. located on FM 718. This delightful home offers a perfect blend of country living and modern convenience. House has many upgrades like, Corian countertops & backsplash, Bosch dishwasher, built-in microwave, gas cooktop & oven. Large dining area w built-in hutch w glass fronts. Newly remodeled laundry area w newly converted to gas water heater. Oversized living area has ceiling fans, recessed & accent lighting & Pergo flooring. Set on a spacious lot, this property is a dream come true for those seeking peace and privacy without sacrificing accessibility. Generous outdoor space, including a large, covered patio could be perfect for gardening, entertaining, or simply enjoying the beauty of nature. Convenient access to local amenities, schools, and major roadways, while still offering a rural atmosphere. This property is zone residential and commercial. So, whether you're looking for a home or a place for your business, this property provides endless possibilities. Don't miss out on this unique opportunity to own a piece of paradise in Newark, Texas! Contact us today to schedule a showing and experience the charm of 304 FM 718 for yourself. Property is also listed commercial 20735378

Details

Property type

Single Family Residence

Est. home value

$298,470

Lot size

0.277 acres

Price per sq ft

$183

Year built

1983

Annual property taxes

$4,701

Price History

12/06/2024
NTREIS

NTREIS #20723475

Price change
$310,000
-1.59%
10/13/2024
NTREIS

NTREIS #20723475

Price change
$315,000
-3.08%
09/26/2024
NTREIS

NTREIS #20723475

Price change
$325,000
-4.41%

Schools & Community

Elementary school: 

Sevenhills

Middle school: 

Chisholmtr

High school: 

Northwest

School district: 

Northwest ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$67,876
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$217,324
Cash to seller
$67,876

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sfmc Lp

Loan start date

February 2021

Original loan amount

$238,280

Est. remaining balance

$217,324

Interest rate

2.66%

Loan type

VA, 30 year

Seller

Kory Sherman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 11:00 PM

Listing updated: 12/08/2024 at 3:08 PM

Listed by: Jennifer Franke, BHHS Premier Properties Phone #: (817) 806-4100

MLS: NTREIS #20723475

NTREIS logo

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