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$135,062

NAL Estimated Property Value

382 Private Road 4437, Rhome, TX, 76078

$175,169 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,344 Sq Ft
Year BuiltBuilt in 1999

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.27 acres

Building Information

Year Built1999
Stories1
Roof Type158
Garage Spaces1

Land Information

APNA0801.0011.51
Lot Number3
SubdivisionA-801 Em Thomasson
Land UseResidential
Legal DescriptionHILLS OLIVER CREEK UNRECLOT 3 1.266 ACRES MANUFACTURER: PALM HARBOR SERIAL NUMBER: SERIAL NUMBER: PFS0580262
Census Tract150103
Assessed Land Value$94,950
Assessed Improvement Value$40,112
Assessment Year2025

About this property

Rare opportunity to own over an acre of unrestricted land just outside the city limits in fast-growing Wise County. Situated on 1.27 acres in the Oliver Creek area of Rhome, this property offers the perfect blend of peaceful country living with quick access to Highway 287, Decatur ISD, and nearby conveniences like the Oliver Creek Store. Whether you’re looking to build your dream home, place a new manufactured home, or invest in land with future potential, this versatile lot checks every box. The property includes an existing 1,344 square foot double-wide mobile home built in 1999, now uninhabitable due to roof damage and best suited for tear-down, providing a blank canvas for your next project. Existing utilities—including electric, water, and septic—are already in place, saving you thousands in setup costs. The lot features mature trees along the perimeter, offering privacy and shade. There is no active HOA, and prior restrictions have dissolved, allowing for maximum flexibility in use, including the potential for seller financing. Properties in this area are in high demand, especially with acreage, so don’t miss your chance to invest in land with strong future upside and multiple exit strategies. Schedule a showing or drive by to see the potential this rural gem has to offer.

Investor Tools

Property Icon
$135,062
Estimated Property Value
$0Estimated Mortgage Balance
$135,062Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$175,169
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,477
$135,062
2025
$94,950
$40,112
$135,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,477
$135,062

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$135,062
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rhome

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382 Private Road 4437 | Property Details | No Agent List