NOT LISTED FOR SALE

123 Switchback Hill Rd Newark, TX 76071

Estimated Value: $273,947 - $306,000

3 Beds
2 Baths
1,379 Sq Ft
$211/Sq Ft Est. Value

Highlights

  • New Construction
  • 1-Story Property
  • Ceiling Fan
  • 2-Car Garage with one garage door
  • Central Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of February 2023

This home is located at 123 Switchback Hill Rd, Newark, TX 76071 since 26 January 2023 and is currently priced at $291,487. This property was built in 2022. 123 Switchback Hill Rd is a home located in Wise County with nearby schools including Seven Hills Elementary School, Chisholm Trail Middle School, and Northwest High School.

Last Agent to Rent the Property

Sarah Ramirez

Talt Texas Services License #0720607 Listed on: 01/26/2023

Last Renter's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,579

Parking

  • 2-Car Garage with one garage door

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Chisholm Springs Managed Spectrum Association, Phone Number (972) 236-6211
  • Chisholm Springs Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,789
  • Tenant pays for all utilities, grounds care, pest control
  • $55 Application Fee
  • Assessor Parcel Number R0294R01300

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Deposit Amount: 1789
  • Pet Deposit: 300
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info.
  • Lease Type: 1 Year Plus
  • Monthly Pet Fee: 44
  • Number Of Pets Allowed: 2
  • Tenant Pays: All Utilities, Grounds Care, Pest Control
  • Application Fee: 55

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Livestock, No Mobile Home, No Smoking, No Sublease, Pet Restrictions
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • Attribution Contact: 832-303-0536
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 1379.00
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Garage Spaces: 2
  • Parking Features: 2-Car Single Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • 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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Parcel Number: R0294R01300

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Sfr Jv-Hd Property Llc
Bought by
Sfr Jv-Hd 2024-1 Borrower Llc
Current Estimated Value
$291,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,592,000
Outstanding Balance
$315,801,842
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$315,510,355

Purchase Details

Closed on
Sep 23, 2022
Sold by
Lgi Homes-Texas Llc
Bought by
Sfr Jv-Hd Property Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sfr Jv-Hd 2024-1 Borrower Llc -- None Listed On Document
Sfr Jv-Hd Property Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-Hd 2024-1 Borrower Llc $320,592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2023 02/02/23 Rented $1,789 0.0% --
01/26/2023 01/26/23 For Rent $1,789 -- --
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 $273,896 $56,110 $217,786
2024 $934 $296,531 $56,110 $240,421
2023 $4,454 $319,212 $56,110 $263,102
2022 $574 $34,179 $34,179 $0
2021 $36 $1,940 $1,940 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Sarah Ramirez

    Talt Texas Services

    Section Image

  • N

    Tenant's Agent in 2023

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20246623

North Texas Real Estate Information Systems (NTREIS)

APN: R0294R01300

Texas Wise County Newark 76071

123 Switchback Hill Rd, Newark, TX

Not Listed for Sale

Detached

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