214 County Rd 4870Newark, TX 76071
Newark Beach Estates · Wise County
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!
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1979
- Living area
- 2,885 Sq Ft
- Lot size
- 0.60 acres
- Parking spaces
- 3
- Days on market
- 134
- MLS® Listing#
- 21279220
Property Features
- Interior
- Built-in Features · Eat-in Kitchen · Open Floorplan · Pantry · Walk-In Closet(s) · High Speed Internet
- Exterior
- Lighting · Private Yard · Storage
- Appliances
- Dishwasher · Electric Cooktop · Electric Oven
- Cooling
- Ceiling Fan(s) · Central Air · Electric
- Heating
- Central · Electric
- Flooring
- Ceramic Tile · Vinyl
- Parking
- Carport · Driveway
- Fencing
- Chain Link
- Lot features
- Few Trees
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Utilities
- Cable Available
- Sewer
- Septic Tank
- Water source
- Well
Schools
- Elementary
- Sevenhills
- Middle
- Chisholmtr
- High
- Northwest
- District
- Northwest ISD
Financial Details
- Annual taxes
- $4,147
- Parcel number
- 763202
Directions
From 35W N, take exit to 287 N, take exit to Newark and 718, turn left onto Avondale-Haslet Rd, turn left onto Central Dr, turn right onto Central Ave, turn left onto County Rd 4870.
Listing Courtesy: One West Real Estate Co. LLC - 682-422-3814
Presented by: Angela Hornburg
Last Updated: 2026-05-26
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