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201 Killough St, Newark, TX, 76071

2beds
2baths
1,000sqft
$99,900
$100price/sqft
$905/moest. monthly cost
$36,200/yrincome needed

About This Home

Opportunity awaits with this fixer-upper situated on nearly half an acre at the end of a quiet, charming cul-de-sac, just minutes from the local park and downtown Newark. The property features a spacious lot shaded by many mature trees, along with a large shop, gazebo, and treehouse—offering plenty of outdoor potential. Please note: the home has known foundation issues and a significant mold presence. The source of the mold is currently unknown and under evaluation. Due to these conditions, entry is at your own risk and a mask is highly recommended. With the right vision, this property offers strong investment potential. There may be an opportunity to subdivide the lot and build two homes—buyer to verify all zoning and development possibilities. Bring all offers!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
6/10
5/10
Northwest High SchoolGrades 9-129.9 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Granite Counters,High Speed Internet,Open Floorplan
  • Flooring: Carpet,Hardwood

Interior Area

  • Total interior livable area: 1,000 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 732979

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Front Porch

Lot

  • Lot size: 0.49 Acres
  • Features: Cul-De-Sac

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$98$1,176
Property Taxes $64$768
Electricity $238$2,859
Total$905$10,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,028/yr
40% on housing$27,150/yr
45% on housing$24,133/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 76071$172
Wise County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 76071$163
Wise County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Listed for sale$179,000
2020-10-14Listing removed$185,000
2020-10-01Pending sale$185,000
2020-08-31Listed for sale$185,000
2017-07-22Sold--
2017-06-19Pending sale$125,000
2017-06-16Listed for sale$125,000
2015-10-06Sold--
2015-08-31Pending sale$97,000
2015-08-26Listed for sale$97,000

For Sale by Agent

AgentTia Parker
BrokerageRegal, REALTORS

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