NOT LISTED FOR SALE

118 Palomino Bend Dr Newark, TX 76071

Estimated Value: $288,000 - $316,000

3 Beds
2 Baths
1,379 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 06, 2023

Current estimated payment $1,779/month

35 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Traditional Architecture
  • Home Security System
  • 1-Story Property

About This Home

As of March 2023

This one-story floor plan features an open-concept layout. The home boasts three bedrooms and two bathrooms including a magnificent private master suite with a large walk-in closet. The covered front porch gives this home great curb appeal while the covered back patio provides a perfect outdoor space to sit and relax in the evenings. Complete with beautiful granite countertops, wood cabinetry with crown molding and recessed lighting, the kitchen is the stunning centerpiece of the home. There is also plenty of cabinet storage space and a full suite of energy-efficient appliances.

Last Agent to Sell the Property

Dale Dale Hill

LGI Homes License #0226524 Listed on: 01/09/2023

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,231

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sevenhills Elementary School
  • Chisholmtr Middle School
  • Northwest High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management fees
  • Chisholm Springs Managed Spectrum Association, Phone Number (972) 236-6211
  • Chisholm Springs Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 32 / R
  • Assessor Parcel Number R0294R03200

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Security System
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 281-362-8998
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 1379.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 7

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Chisholm Springs Managed Spectrum Association
  • HOA Management Company: 972-236-6211

Schools

  • School District: Northwest ISD
  • Elementary School: Sevenhills
  • Middle School: Chisholmtr
  • High School: Northwest
  • School District: Northwest ISD
  • Elementary School: Sevenhills

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Parcel Number: R0294R03200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2022

Tax Info

  • TaxBlock: R
  • Tax Lot: 32

MLS Schools

  • Middle School Name: Chisholmtr
  • Elementary School Name: Sevenhills
  • High School Name: Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 6, 2023
Sold by
Lgi Homes Texas Llc
Bought by
Arreola Robert and Banuelos Jenniffer Gonzales
Seller's Agent
Dale Dale Hill
LGI Homes
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$299,900
Views
2
Current Estimated Value
$303,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$294,467
Outstanding Balance
$285,554
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$18,419
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arreola Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreola Robert $294,467
Closed Arreola Robert $8,834
Closed Arreola Robert $294,467
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold -- -- --
02/13/2023 02/13/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $299,900 0.0% $217 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $299,900 0.0% $217 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $299,900 -- $217 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $934 $273,834 $56,029 $217,805
2024 $934 $296,471 $56,029 $240,442
2023 $4,453 $319,154 $56,029 $263,125
2022 $574 $34,126 $34,126 $0
2021 $35 $1,850 $1,850 $0
Source: Public Records

Agents Affiliated with this Home

  • Dale Dale Hill

    Seller's Agent in 2023

    Dale Dale Hill

    LGI Homes

    (281) 362-8998

    7,171 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS MEMBER

    NON MLS

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20239258

North Texas Real Estate Information Systems (NTREIS)

APN: R0294R03200

Texas Wise County Newark 76071

118 Palomino Bend Dr, Newark, TX

This home is located at 118 Palomino Bend Dr, Newark, TX 76071 since 09 January 2023 and is currently estimated at $303,973, approximately $220 per square foot. This property was built in 2022. 118 Palomino Bend Dr is a home located in Wise County with nearby schools including Seven Hills Elementary School, Chisholm Trail Middle School, and Northwest High School.

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