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Single Family ResidenceResidential
$613,577$156 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $478,786 on Sep 27, 2024

120 DERRETT LN

RHOME, TX 76078
5.5
Baths
3,931 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$614K
$543K low$684K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$478,786 · Sep 27, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$157,587
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$126,070
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.73%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$359,990
NETWORK FUNDING LP · recorded Oct 17, 2024
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$96,000
PENNYMAC LOAN SERVICES LLC

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,576 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$624,873 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$85,272
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$539,601
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$647,790
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$624,873

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.50
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
74
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
92
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
44
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
41
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWISE
Lot (acres)The size of the land the home sits on, from county records.0.25
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Rural
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 257 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Chisholm Trail Middle SchoolB-
Middle · Grades 6–8 · 0.5 mi
E
Prairie View Elementary SchoolD
Elementary · Grades PK–5 · 0.6 mi
H
Northwest High SchoolC+
High · Grades 9–12 · 9.2 mi

District: Northwest Independent School District

Neighborhood · ZIP 76078These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.11,313
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.170 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$87,450
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,876
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

120 Derrett Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 84% of homes in Rhome 76078
  • Costs less per square foot than 89% of homes in Wise County
  • Bigger than 98% of homes in Rhome 76078
  • Has a smaller lot than 78% of homes in Wise County
  • Newer than 96% of homes in Wise County

What homes are worth in Rhome 76078

Each bar is how many homes fall in that price range. The marker is this home.

This home
$197K$899K

This home is worth more than 84% of homes in Rhome 76078.

How it measures up in Rhome 76078

The dot is this home. The mark in the middle is the typical home in Rhome 76078.

Estimated value$613,577
CheaperTypical $408,830Pricier

Pricier than 84% of homes nearby

Price per ft²$156
CheaperTypical $200Pricier

Pricier than 12% of homes nearby

Living area3,931 ft²
SmallerTypical 1,944 ft²Bigger

Bigger than 98% of homes nearby

Lot size0.25 ac
SmallerTypical 1 acBigger

Bigger than 35% of homes nearby

Year built2023
OlderTypical 2006Newer

Newer than 92% of homes nearby

How 120 Derrett Ln ranks against every home in each area.
MeasureThis homeRhome 76078Wise County
Estimated valuepricier than$613,57784% of homes82% of homes
Price per ft²pricier than$15612% of homes11% of homes
Living areabigger than3,931 ft²98% of homes98% of homes
Lot sizebigger than0.25 ac35% of homes22% of homes
Year builtnewer than202392% of homes96% of homes

About 120 Derrett Ln

How much is 120 Derrett Ln, Rhome, TX worth?

The TopHap Estimate for 120 Derrett Ln, Rhome, TX is $613,577 as of Jul 14, 2026. The likely range is $542,821 to $684,333. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 120 Derrett Ln, Rhome, TX last sell?

120 Derrett Ln, Rhome, TX last sold on Sep 27, 2024 for $478,786, according to the county's recorded deed.

How big is 120 Derrett Ln, Rhome, TX?

120 Derrett Ln, Rhome, TX has 5.5 bathrooms, 3,931 square feet of living space and a 0.25-acre lot.

When was 120 Derrett Ln, Rhome, TX built?

120 Derrett Ln, Rhome, TX was built in 2023, making it 3 years old. The building has 2 stories.

What schools serve 120 Derrett Ln, Rhome, TX?

120 Derrett Ln, Rhome, TX is assigned to Chisholm Trail Middle School (middle), rated B-; Prairie View Elementary School (elementary), rated D; Northwest High School (high), rated C+. All sit in Northwest Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 120 Derrett Ln, Rhome, TX compare to other homes in Rhome 76078?

Among the 5,108 homes in Rhome 76078, it is worth more than 84% of them ($613,577 against a typical $408,830), its price per square foot is higher than 12% of them ($156 against a typical $200), it is bigger than 98% of them (3,931 ft² against a typical 1,944 ft²), its lot is bigger than 35% of them (0.25 ac against a typical 1 ac) and it is newer than 92% of them (2023 against a typical 2006). Measured against all of Wise County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 120 Derrett Ln, Rhome, TX?

The 2025 property tax bill for 120 Derrett Ln, Rhome, TX was $1,576. The county assessed it at $624,873.

Closest homes

More homes in Rhome 76078

Assigned schools

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