Located off of FM 718 at the corner of Central Avenue and Berke Street.

Currently zoned multifamily (>2), the city has been willing to work with owners on the same street to rezone differently if desired. The purchase of this .683 acre tract includes the plans for a 2 story - 6 unit apartment building. With the possible addition of another building in the future.

Each apartment, approximately 820 SF (+ or -) in cludes open living, dining, kitchen area, 1 bath with 2 separate vanity rooms, stackable washer dryer space, balcony or patio. Located in Southern Wise County, near the booming Northwest Tarrant County corridor off of Hwy 287. All information is deemed reliable but to be verified by buyer and buyer's agent.

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in Newark, TX
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Property MLS #20609230 from NTREIS
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+ Land Info

Cleared
Corner Lot
Level
Subdivision
Lot Description: .5 to < 1 Acre
Lot Size Acres: 0.683
Lot Size Square Feet: 29751

+ Exterior and Lot Features

Road Frontage Type: City Street
Road Surface Type: Asphalt

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: Sevenhills
High School: Northwest
Middle School: Chisholmtr
School District: Northwest ISD
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Seven Hills Elementary School is a public elementary school located approximately 1.2 miles away.
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Chisholm Trail Middle School is a public middle school located approximately 2 miles away.
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Northwest High School is a public high school located approximately 10.4 miles away.
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Victory in Christ Classical Lutheran Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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+ Other Property Info

Source Listing Status: Active
County: Wise
Current Use: Multi-Family
Development Status: City Limits
Directions: From FM 718 turn L on Central Drive turn L on Central Avenue then R on Berke and property on the L. Road frontage on Central Avenue and Berke Street.
Source Property Type: Land
Possible Use: Multi-Family
Source Neighborhood: Newark Beach Estates
Parcel Number: R1970059703
Subdivision: Newark Beach Estates
Zoning Description: Currently zoned as multifamily (>2), but the city of Newark has been willing to work with owners on the same street to rezone differently if desired.
Property Subtype: Unimproved Land
Source System Name: C2C
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Listed 2024-05-06
$189,000
NTREIS

+ Utilities

Utilities: Asphalt, City Sewer, City Water