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$214,000

1002 S Stratton Street, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.37 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Other
FlooringOther

Exterior

Lot Size6,578 sqft

Building Information

Year Built1970
Stories1
Roof Type158
Garage Spaces1

Land Information

APND2790.0183.01
Lot Number2A
SubdivisionSouth Decatur
Land UseResidential
Legal DescriptionLOT 2A BLK 50 SOUTH DECATUR
Census Tract150201
Assessed Land Value$56,110
Assessed Improvement Value$151,901
Assessment Year2025

About this property

Charming brick home located close to the up and coming Decatur Square. 3 bedroom, 1 bath home with endless potential. Large back yard with deck and shade tree, great for a relaxing evening outside. This home would be a great starter home or investment property.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$68,211Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,541
$208,011
2025
$56,110
$151,901
$208,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,541
$208,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameridream Mortgage Group Llc
Conventional
$153,750
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,789
$68,211
31%
68%
$922/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
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: Decatur

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1002 S Stratton Street | Property Details | No Agent List