411 Kaufman

Newton TX 75966

6400 sq. ft.

14319 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

The subject property at 411 Kaufman Street, Newton, Texas, is a transitional healthcare living facility featuring a two-story, 6,400-square-foot structure situated on a 0.3287-acre lot. The facility includes nine bedrooms with private baths, a communal family room with a fireplace, a kitchen, dining area, laundry room, and an upper-level wood deck patio. The building, originally constructed in 1952, has undergone significant renovations to enhance its functionality and modern appeal. The surrounding market area consists of a mix of residential, commercial, and special-purpose properties, contributing to stable property values and mild growth trends. Positioned near the central business district of Newton, the property benefits from convenient access and visibility along a main roadway. With its recent renovations and continued demand for transitional healthcare facilities, the property's market value as of January 13, 2023, is estimated at $471,000. Appraisal and survey attached.

Features

9 bedrooms

6400 sq. ft. floor area

14319 sq. ft. lot size

Multi-Family

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