NOT LISTED FOR SALE

506 Central Ave Newark, TX 76071

Estimated Value: $95,958 - $174,000

0.19 Acre
$636,915 Price per Acre
8,189 Sq Ft Lot

Last Sold March 20, 2023

Current estimated payment $695/month

28 Days on Market

About This Lot

As of March 2023

Oversized lot just minutes away from Eagle Mountain Lake.
There is a home, 2 storage sheds & a storm cellar on the property.
Home is currently not in living condition.

Last Agent to Sell the Property

Brooke Moore

REAL Broker, LLC License #0765095 Listed on: 02/03/2023

REAL Broker, LLC

Last Buyer's Agent

Brooke Moore

REAL Broker, LLC License #0765095 Listed on: 02/03/2023

REAL Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $508

Lot Details

  • 8,189 Sq Ft Lot
  • Chain Link Fence
  • Many Trees
  • Private Yard
  • Back Yard

Outdoor Features

  • Storm Cellar or Shelter

Schools

  • Prairievie Elementary School
  • Medlin Middle School
  • Northwest High School

Listing and Financial Details

  • Assessor Parcel Number A0093910000

Property Details

Property Type

Land

Est. Annual Taxes

$508

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s), None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Lake Pump Y N: No
  • Attribution Contact: 940-484-9411
  • Special Features: None

Exterior Features

  • Easements: None
  • Fencing: Back Yard, Chain Link
  • Exterior Features: Private Yard, Storm Cellar
  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: City Sewer, City Water, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Utilities Installed

Schools

  • School District: Northwest ISD
  • Elementary School: Prairievie
  • Middle School: Medlin
  • High School: Northwest
  • School District: Northwest ISD
  • Elementary School: Prairievie

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.1880
  • Parcel Number: A0093910000
  • Lot Size Acres: 0.1880
  • Lot Size Sq Ft: 8189.2800
  • Zoning Description: Residential
  • Present Use: Investment, Residential, Vacant

MLS Schools

  • Middle School Name: Medlin
  • Elementary School Name: Prairievie
  • High School Name: Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Nunez Maria A and Nunez Eduardo H
Bought by
Lopez Nazario Vega and Cera Minerva Quintana
Current Estimated Value
$119,740

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jun 17, 2020
Sold by
Dyer Nancy
Bought by
Cuesta Dana Brittany and Cuesta Jorge Humberto
Seller's Agent
Angela Hornburg
One West Real Estate Co. LLC
Buyer's Agent
Angela Hornburg
One West Real Estate Co. LLC
List Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$6,500
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 6, 2012
Sold by
Phillips Richard Allen and Phillips Christina
Bought by
Hogan James E

Purchase Details

Closed on
Aug 24, 2011
Sold by
Falsey Mike and Beck Kandy L
Bought by
Phillips Richard Allen and Phillips Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Hogan James E and Hogan Fannie M
Bought by
Falsey Mike and Beck Kandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 18, 2002
Sold by
Pierce Joe
Bought by
Dyer Nancy
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
Lopez Nazario Vega -- None Listed On Document
Cuesta Dana Brittany -- Fatico
Dyer Nancy -- Fatico
Hogan James E $16,000 None Available
Phillips Richard Allen $16,000 --
Falsey Mike -- --
Dyer Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dyer Nancy $6,500
Previous Owner Phillips Richard Allen $16,000
Previous Owner Falsey Mike $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold -- -- --
03/03/2023 03/03/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $72,000 +60.0% $66 / Sq Ft
06/17/2020 06/17/20 Sold -- -- --
04/20/2020 04/20/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $45,000 -- $41 / 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 $508 $70,585 $40,945 $29,640
2024 $508 $71,030 $40,945 $30,085
2023 $1,186 $66,672 $40,945 $25,727
2022 $716 $32,612 $15,980 $16,632
2021 $634 $26,450 $10,340 $16,110
2020 $1,141 $51,680 $10,340 $41,340
2019 $1,072 $46,660 $7,520 $39,140
2018 $981 $39,300 $5,640 $33,660
2017 $898 $35,990 $5,640 $30,350
2016 $854 $35,990 $5,640 $30,350
2015 -- $34,690 $5,640 $29,050
2014 -- $33,140 $4,090 $29,050
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brooke Moore

    REAL Broker, LLC

    (832) 314-2270

    16 Total Sales

    Section Image
  • Angela Hornburg

    Seller's Agent in 2020

    Angela Hornburg

    One West Real Estate Co. LLC

    (682) 422-3812

    325 Total Sales

    Section Image
  • Amanda Ryan

    Seller Co-Listing Agent in 2020

    Amanda Ryan

    Keller Williams Lonestar DFW

    (817) 454-0499

    324 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20248811

North Texas Real Estate Information Systems (NTREIS)

APN: A0093910000

Texas Wise County Newark 76071

506 Central Ave, Newark, TX

This home is located at 506 Central Ave, Newark, TX 76071 since 03 February 2023 and is currently estimated at $119,740, approximately $109 per square foot. 506 Central Ave 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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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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