214 County Road 4870, Newark, TX 76071

$435,000
: 3
BD
: 2
BA
: 2,885
SqFt

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List Price: $435,000
Price Change: ▼ $10,000 1783451188
MLS#: 21247457
Status: ACTIVE
Type: Single Family Residential
Subtype: Residential
Style: Ranch, Traditional, Detached
Year Built: 1979
Construction Status: Preowned
Bedrooms: 3
Full Baths: 2
Acres: 0.60
Living Area: 2,885
County: Wise
City: Newark
Subdivision: Newark Beach Estates
Number of Stories: 1
Architecture Style: Ranch, Traditional, Detached

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Property Description

Live large and unlock the possibilities with this unique property featuring two separate homes on one oversized, fully fenced lot, perfect for multi-generational living, investment potential, or living in one home while generating rental income from the other. The spacious 2,800 sq. ft. main home offers 3 bedrooms and 2 bathrooms with multiple living spaces including formal living, dining, and a family room. The kitchen is filled with character and functionality featuring beautiful 42-inch solid wood cabinets, ample storage, and generous workspace. Fresh interior paint adds a bright, refreshed feel throughout the home. Step outside and enjoy expansive front and back yards, two storage sheds, and plenty of room to spread out and make the property your own. Located outside city limits, this property offers country-style living with more freedom and fewer restrictions. The second residence is a private 800 sqft standalone cottage featuring 2 bedrooms and 1 bathroom with its own entrance, fenced yard, and dedicated parking. Currently tenant occupied, this income-producing cottage offers immediate rental potential and serves as an excellent option for extended family, guests, or supplemental income. Each home is independently metered, adding convenience and true income-producing flexibility. The property also includes a 2-car carport and several major system updates including HVAC systems less than 10 years old, water heaters less than 2 years old, and a well pump replaced in September 2025. PLUS: Seller is offering a $20,000 buyer credit that can be used toward closing costs, buy-down or cosmetic updates. This is a rare opportunity to own a versatile property that combines space, privacy, and income potential all in one. Live large while owning a property that can help pay for itself. Schedule your showing today before it’s gone!

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