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Single Family ResidenceResidential
$198,947$149 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

505 PETTIT DR

NEWARK, TX 76071
1
Baths
1,338 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.
0.3 ac
Lot SizeThe size of the land the home sits on, from county records.
1957
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$199K
$186K low$212K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,548 (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.$171,182 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$38,808
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$132,374
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$171,182
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$171,182

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.
73
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
93
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.0.30
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 64 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.

E
Seven Hills Elementary SchoolC
Elementary · Grades PK–5 · 1.4 mi
M
Chisholm Trail Middle SchoolC
Middle · Grades 6–8 · 2.2 mi
H
Northwest High SchoolB
High · Grades 9–12 · 10.3 mi

District: Northwest Independent School District

Neighborhood · ZIP 76071These 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.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.22

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.8%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.3,659
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.395 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,041
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$82,583
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%

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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

505 Pettit Dr 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 less than 96% of homes in Newark 76071
  • Costs less per square foot than 91% of homes in Wise County
  • Smaller than 76% of homes in Wise County
  • Has a smaller lot than 73% of homes in Wise County
  • Older than 97% of homes in Newark 76071

What homes are worth in Newark 76071

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

This home
$180K$804K

This home is worth more than 4% of homes in Newark 76071.

How it measures up in Newark 76071

The dot is this home. The mark in the middle is the typical home in Newark 76071.

Estimated value$198,947
CheaperTypical $325,323Pricier

Pricier than 4% of homes nearby

Price per ft²$149
CheaperTypical $189Pricier

Pricier than 13% of homes nearby

Living area1,338 ft²
SmallerTypical 1,678 ft²Bigger

Bigger than 30% of homes nearby

Lot size0.3 ac
SmallerTypical 0.38 acBigger

Bigger than 46% of homes nearby

Year built1957
OlderTypical 2007Newer

Newer than 3% of homes nearby

How 505 Pettit Dr ranks against every home in each area.
MeasureThis homeNewark 76071Wise County
Estimated valuepricier than$198,9474% of homes8% of homes
Price per ft²pricier than$14913% of homes9% of homes
Living areabigger than1,338 ft²30% of homes24% of homes
Lot sizebigger than0.3 ac46% of homes27% of homes
Year builtnewer than19573% of homes6% of homes

About 505 Pettit Dr

How much is 505 Pettit Dr, Newark, TX worth?

The TopHap Estimate for 505 Pettit Dr, Newark, TX is $198,947 as of Sep 24, 2026. The likely range is $186,080 to $211,814. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Pettit Dr, Newark, TX last sell?

505 Pettit Dr, Newark, TX last sold on Mar 13, 2018, according to the county's recorded deed.

How big is 505 Pettit Dr, Newark, TX?

505 Pettit Dr, Newark, TX has 1 bathrooms, 1,338 square feet of living space and a 0.30-acre lot.

When was 505 Pettit Dr, Newark, TX built?

505 Pettit Dr, Newark, TX was built in 1957, making it 69 years old. The building has 1 story.

What schools serve 505 Pettit Dr, Newark, TX?

505 Pettit Dr, Newark, TX is assigned to Seven Hills Elementary School (elementary), rated C; Chisholm Trail Middle School (middle), rated C; Northwest High School (high), rated B. All sit in Northwest Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Pettit Dr, Newark, TX compare to other homes in Newark 76071?

Among the 2,139 homes in Newark 76071, it is worth more than 4% of them ($198,947 against a typical $325,323), its price per square foot is higher than 13% of them ($149 against a typical $189), it is bigger than 30% of them (1,338 ft² against a typical 1,678 ft²), its lot is bigger than 46% of them (0.3 ac against a typical 0.38 ac) and it is newer than 3% of them (1957 against a typical 2007). Measured against all of Wise County, it is worth more than 8% 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 505 Pettit Dr, Newark, TX?

The 2025 property tax bill for 505 Pettit Dr, Newark, TX was $1,548. The county assessed it at $171,182.

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