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$199,000 Sale Pending
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Property Description
Welcome home to 525 Pettit Dr! This beautifully updated single-story home offers a unique blend of small-town tranquility, flexible living space, and modern curb appeal in Newark. Greeting you with fresh, slate-blue siding, crisp white trim, and updated windows, this residence radiates charm from the moment you pull into the gravel driveway. A standout feature of this home is the rare and highly desirable layout featuring two primary bedrooms. This versatile floor plan provides excellent options for multi-generational living, a private guest retreat, or a spacious home office setup. Step outside to the inviting covered front porch-the perfect spot for your morning coffee. The property sits on a generous lot dotted with mature shade trees that provide a wonderful canopy and privacy. The backyard is expansive and fully fenced, including a convenient storage shed. The rear of the property features a massive concrete slab that offers incredible versatility-ideal for boat or RV parking, a foundation for a future workshop, a basketball court, or the ultimate patio for outdoor entertaining. Conveniently located near lake access and hiking trails, this home is well-suited for those seeking both comfort and outdoor recreation. Offering space, versatility, and a serene setting, this property is a must-see. Whether you are looking for room to roam, versatile interior living space, or a peaceful retreat, this property delivers.
Full Property Details
Full Property Details for 525 Pettit Dr
General
- Price: $199,000
- Taxes: $2,984
- Status: Pending
- Type: Single Family
- Source: NTREIS
- MLS ID: 21134497
- Updated: 1/15/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Built-in Features
- Appliances: Electric Cooktop, Electric Oven, Refrigerator
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Rear Porch, Patio
Parking
- Parking Features: Driveway
Location
- County: Wise
- Subdivision: Newark Beach Estates
- Driving Directions: Please use GPS
School Information
- Elem School District: Northwest ISD
- Midd School District: Northwest ISD
- High School District: Northwest ISD
- Elementary School: Sevenhills
- Middle School: Chisholmtr
- High School: Northwest
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,008 Sq. Ft.
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.301
- Lot Size (Sq. Ft.): 13,111.56
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,984
- Terms: Assumable, Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 13 BLK 8 NEWARK BEACH ESTATES
- Property ID: 763395
- Block: 8
- Lot Number: 13
Listed by Keller Williams Realty-FM, Keri Wilson
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Schools
Schools serving 525 Pettit Dr
School District:Northwest Independent School District
| Name | Grades | Distance |
|---|---|---|
Seven Hills Elementary School 654 Fm 3433, Rhome, TX 76078 | PK-5 | 1.3 mi |
Chisholm Trail Middle School 583 Fm 3433, Rhome, TX 76078 | 6-8 | 2.1 mi |
Northwest High School 2301 Texan Drive, Justin, TX 76247 | 9-12 | 10.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 Pettit Dr
Date
Details
Price
Change
Source
12/18/2025
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 525 Pettit Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,185
-37%
$162,741
15%
2021
$1,870
—
$142,048
37%
2021
$1,870
—
$103,765
26%
2021
$1,870
—
$82,540
6%
2020
$1,863
11%
$77,630
11%
2019
$1,676
16%
$69,830
20%
2018
$1,447
5%
$58,320
6%
2017
$1,373
73%
$55,010
72%
2016
$795
-3%
$31,890
-1%
2015
$817
7%
$32,350
5%
2014
$761
-2%
$30,950
-1%
2013
$773
—
$31,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 525 Pettit Dr
525 Pettit Drive, Newark, TX 76071 (MLS# 21134497) is a Single Family property with 3 bedrooms and 2 full bathrooms. 525 Pettit Drive is currently listed for $199,000 and was received on December 18, 2025. Want to learn more about 525 Pettit Drive? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

