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    Newark, TX
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    Newark, TX Multifamily Properties for Sale

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    Rhome, TX Azle, TX Fort Worth, TX Haslet, TX Aurora, TX Boyd, TX Fairview, TX Reno, TX
    Independently Metered Two-Home Property
    Updated: Jul 7
    Independently Metered Two-Home Property

    214 County Rd 4870, Newark, TX 76071

    $435,000
    2,885 sqft 0.60 AC lot
    Two separate residences on one oversized fully fenced lot: 2,800 SF main home plus a standalone 800 SF cottage.
    Cottage is tenant‑occupied and provides immediate rental potential; cottage has 2 bedrooms, 1 bathroom, its own entrance, fenced yard, and dedicated parking.
    Main home offers 3 bedrooms and 2 bathrooms with multiple living spaces, including formal living, dining, and a family room.
    Each home is independently metered for income‑producing flexibility.
    Major systems updated: HVAC systems less than 10 years old; water heaters less than 2 years old; well pump replaced in September 2025.
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    This listing looks promising.

    Here's a quick look at some key insights for

    214 County Rd 4870, Newark, TX 76071

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $310K
      Suggested

    • Property Type

      Single Family Residence
      Built 1979
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newark, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Gated RV Park with Covered Sites
    Gated RV Park with Covered Sites

    10759 N FM 730, Boyd, TX 76023

    $1,150,000
    2.85 AC lot

    Turnkey RV park in Boyd, TX with secure covered sites, an on-site septic and water treatment system, plus storage income.

    View details
    Turnkey Duplex Income Property
    Turnkey Duplex Income Property

    7971 Peden Road, Azle, TX 76020

    $425,000
    1.36 AC lot

    Two separately leased residences on 1.36+ acres, including a remodeled front home and a 2022 manufactured home.

    View details
    Turnkey RV Park Investment Opportunity
    Turnkey RV Park Investment Opportunity

    10759 N Fm 730, Boyd, TX 76023

    $1,150,000
    1 sqft 1.00 AC lot

    Well-maintained, gated RV park with strong occupancy and value-add potential.

    View details
    Profitable RV Park Near Fort Worth
    Profitable RV Park Near Fort Worth

    8150 Peden Rd, Azle, TX 76020

    $400,000
    1.00 AC lot

    Fully occupied RV park with income potential near Fort Worth.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Azle Land Opportunity
    Azle Land Opportunity

    Land 214 Pearson Lane, Azle, TX 76020

    $88,000
    0.30 AC lot

    0.301-acre lot in Tanglewood Estates, ready for your vision.

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    Land with Utilities in Azle
    Land with Utilities in Azle

    221 Shady Oaks, Azle, TX 76085

    $122,000
    1.02 AC lot

    Secluded 1.02-acre property with utilities, mobile homes welcome.

    View details
    Flex Warehouse with Office
    Flex Warehouse with Office

    5394 W Highway 199, Springtown, TX 76082

    $1,750,000
    8.99 AC lot

    8.99-acre site with a new metal warehouse, drive-through roll-up doors, and an attached office, plus fenced storage and RV hookups.

    View details
    Weatherford Land with Development Potential
    Weatherford Land with Development Potential

    113 Denton Heights Lane, Weatherford, TX 76085

    $90,000
    1.52 AC lot

    1.5+ acre lot suitable for site-built or manufactured home.

    View details

    Newark, TX Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Newark, TX on our real estate platform. These investment opportunities span a total of 2,885 square feet of properties for sale, with an estimated market value of $435,000.

    Sale prices for multifamily properties in Newark, TX start at $435,000, averaging $435,000, and reaching up to $435,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 4,723
    Population Growth (5Y) +4.8%
    Median Household Income $102,654
    College Educated 20.1%

    High-Yield Neighborhoods for Investment

    Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76071 $445K

    Taxes & Financing

    Tax Rate (average for all types) 0.45%
    Property Tax per SF $14.24 per SF
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wise County

    New Delisted

    Total CRE Inventory on Market (SF)

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