NOT LISTED FOR SALE

1632 Fm 3433 Newark, TX 76071

Estimated Value: $685,000 - $795,044

5 Beds
3 Baths
3,872 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 18, 2021

Current estimated payment $4,102/month

54 Days on Market

Highlights

  • Pool and Spa
  • 1-Story Property
  • 4 Car Garage
  • 1 Fireplace
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of October 2021

This Great investment home is currently producing enough revenue to cover most of the mortgage if financed. This Tri-Plex home is divided into 3 apartments in which 2 units are currently leased. The other apartment is being held vacant in case the new owner would like to take advantage of the tax breaks of owning and occupying this Tri-Plex. This income producing Tri-Plex includes 3.26 acres hosting huge pecan and oak trees. A creek runs along the backside of property making it a peaceful paradise to enjoy on the back patio .The lush vegetation has many bird species as well as deer that come thru the property on occasions. There's also a separate 4-car garage, 3200 sq. ft. building with unlimited potential.

Last Agent to Sell the Property

Sandy Onks

Keller Williams Realty License #0496842 Listed on: 07/15/2021

Keller Williams Realty

Last Buyer's Agent

JOSEPH OWEN

EIGHTY4 REALTY, LLC License #0662362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1975

Lot Details

  • 3.26 Acre Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 4 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,872 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • 1 Fireplace
  • Window Treatments
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Pool

  • Pool and Spa

Schools

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

Utilities

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

Community Details

  • Cain T Brush Surv A 93 Subdivision

Listing and Financial Details

  • Assessor Parcel Number A0093000400
  • $7,300 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 127.32438
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Square Footage: 3872.00
  • Windows: Window Coverings
  • Fireplace Features: Other
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available
  • Flooring: Laminate
  • Appliances: Electric Range
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Stucco
  • Pool Features: Pool/Spa Combo

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 4
  • Total Covered Spaces: 4
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Septic, Well

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Few Trees, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 3.2600
  • Parcel Number: A0093000400
  • Lot Size Acres: 3.2600
  • Lot Size Sq Ft: 142005.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1975

Tax Info

  • Unexempt Taxes: 7300

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 18, 2021
Sold by
Arbelius Ronald Lynn and Arbelius Donna Lynn
Bought by
Banks Brian R
Seller's Agent
Sandy Onks
Keller Williams Realty
Buyer's Agent
JOSEPH OWEN
EIGHTY4 REALTY, LLC
List Price
$599,000
Current Estimated Value
$716,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$504,339
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 31, 2019
Sold by
Olson Michael F and Olson James Hart
Bought by
Arbelius Ronald Lynn and Arbelius Donna Lynn
Seller's Agent
Lori Mira
Keller Williams Realty
Buyer's Agent
Joe Hamilton
Keller Williams Realty
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Burke Pamela B
Bought by
Diocesan Stephen J
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
Banks Brian R -- None Available
Arbelius Ronald Lynn -- None Available
Diocesan Stephen J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Brian R $504,339
Previous Owner Arbelius Ronald Lynn $320,000
Closed Banks Brian R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold -- -- --
10/18/2021 10/18/21 Sold -- -- --
09/07/2021 09/07/21 Pending -- -- --
09/07/2021 09/07/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $599,000 0.0% $155 / Sq Ft
08/07/2021 08/07/21 Off Market -- -- --
07/15/2021 07/15/21 For Sale $599,000 0.0% $155 / Sq Ft
05/10/2021 05/10/21 Price Changed $599,000 -11.3% $155 / Sq Ft
05/10/2021 05/10/21 For Sale $675,000 +50.0% $174 / Sq Ft
02/01/2019 02/01/19 Sold -- -- --
12/22/2018 12/22/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $450,000 -- $132 / 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 $2,403 $981,765 -- --
2024 $2,403 $837,889 $0 $0
2023 $6,768 $485,000 $153,636 $331,364
2022 $8,152 $485,000 $153,636 $331,364
2021 $10,743 $574,720 $201,870 $372,850
2020 $8,210 $450,300 $201,870 $248,430
2019 $7,613 $400,000 $160,430 $239,570
2018 $7,635 $404,490 $39,100 $365,390
2017 $6,930 $367,150 $32,350 $334,800
2016 $5,606 $295,570 $26,170 $269,400
2015 -- $279,730 $20,880 $258,850
2014 -- $295,730 $29,990 $265,740
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandy Onks

    Keller Williams Realty

    (817) 773-6022

    47 Total Sales

    Sandy Onks
    Section Image

  • J

    Buyer's Agent in 2021

    JOSEPH OWEN

    EIGHTY4 REALTY, LLC

    (940) 595-3440

    53 Total Sales

    JOSEPH OWEN
    Section Image
  • Lori Mira

    Seller's Agent in 2019

    Lori Mira

    Keller Williams Realty

    (817) 734-1301

    132 Total Sales

    Lori Mira
    Section Image
  • Joe Hamilton

    Buyer's Agent in 2019

    Joe Hamilton

    Keller Williams Realty

    (817) 600-3815

    83 Total Sales

    Joe Hamilton
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14626528

North Texas Real Estate Information Systems (NTREIS)

APN: A0093000400

Texas Wise County Newark 76071

1632 Fm 3433, Newark, TX

This home is located at 1632 Fm 3433, Newark, TX 76071 since 15 July 2021 and is currently estimated at $716,011, approximately $184 per square foot. This property was built in 1975. 1632 Fm 3433 is a home located in Wise County with nearby schools including Seven Hills Elementary School, Chisholm Trail Middle School, and Northwest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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