Courtesy: The Sears Group
713-357-0068
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.
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Newton is located in Texas. Newton, Texas has a population of 2,042. Newton is less family-centric than the surrounding county with 18.24% of the households containing married families with children. The county average for households married with children is 24.66%.
The median household income in Newton, Texas is $37,115. The median household income for the surrounding county is $38,116 compared to the national median of $69,021. The median age of people living in Newton is 40.3 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 37.6 degrees. The average rainfall is approximately 57.8 inches per year, with 0 inches of snow per year.
