Wise County property record for 507 Pettit Dr, Newark, TX 76071
| Property Type | Vacant Land |
|---|---|
| Lot Size | 0.31 acres (13,500 sqft) |
| Owner | Company Name on File |
| Tax Bill | $358 (2025) |
| Deeds & Mortgages | Mar 2018 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | R1970.0501.00 |
| Primary APN | R1970.0501.00 |
|---|---|
| Alternative APNs |
|
| Lot Area | 13,500 sqft (0.31 acres) |
|---|
| Account Number | R000032817 |
|---|---|
| Street Address | 507 PETTIT DR |
| City | NEWARK |
| State | TX |
| Zip | 76071-3818 |
| Property Category | Vacant Land |
| Property Type | Vacant Land > Uncategorized |
| Legal Description | LOT 4 BLK 8 NEWARK BEACH ESTATES |
| Legal Subdivision | NEWARK BEACH ESTATES |
| Legal Block | 8 |
| Legal Lot Number | 4 |
| Jurisdiction | WISE TX |
| Township / Civil Division | BOYD-RHOME |
| Census Block Group | 2 |
| Census Block | 2037 |
| Census Tract | 150603 |
507 Pettit Dr, vacant land, is owned by a company that acquired it in March 2018.
Source: Wise County records, as of August 18, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 8101 BOAT CLUB RD, 240, FORT WORTH, TX 76179-3631 |
| Owner Type | Company |
| Vesting | Borrower in Default |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 13, 2018 |
| Deed Sale | Mar 13, 2018 |
| Prior Sale | Apr 28, 2015 |
| Deed Document Number | 20182672 |
| Record Updated | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | WISE TX |
| Recording Date | Mar 13, 2018 |
| Property Address | 507 PETTIT DR, NEWARK, TX 76071-3818 |
| Document Number | 0000002672 |
| Instrument Date | Mar 13, 2018 |
| Instrument | 2672 |
| Transaction Type | Transfer |
| Record Updated | Apr 13, 2018 |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Corporate Trust |
| Address | 1029 N SAGINAW BLVD #F10-106 SAGINAW TX 761791101, F10-10, SAGINAW, TX 76179-1101 |
The 2025 property tax bill for 507 Pettit Dr was $358, up 30.2% from the year before.
Source: Wise County assessment roll, as of August 18, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Wise County |
| Municipality | Newark City |
| Unified School District | Northwest Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $39,690 (-) Land $39,690 | $39,690 (-) Land $39,690 | |
| 2025 | $358.00 (+30.18%) | $39,690 Land $39,690 | $39,690 Land $39,690 |
| 2024 | $275.00 | ||
| 2023 | $38,499 Land $38,499 | $38,499 Land $38,499 | |
| 2021 | $378.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 507 Pettit Dr in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 1996.
Source: FEMA National Flood Hazard Layer, effective October 1, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 15 policies |
| Nearby Flood Policies | 15 in force |
| Nearby Flood Claims | 3 (1996–2020) |
| Most Recent Claim | Jul 2020 · rainfall accumulation |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 507 Pettit Dr is moderate, ranking above 56% of the US, with a 0.2% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 56% of the US · lower than 63% of Texas |
|---|---|
| Wildfire Likelihood | 0.2% annual chance |
| Exposure | Indirect within ember reach |
| Adjoins Burnable Land | Yes |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF NEWARK serves 1,232 people · EPA ID TX2490008 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jul 2024 |
| Lead | Under 1 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 152 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| FiberFirst Fiber | 5,000 / 5,000 |
| AT&T Fiber · Fixed Wireless | 5,000 / 5,000 |
| Nextlink Fixed Wireless | 500 / 100 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: Element8.
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