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$377,337

NAL Estimated Property Value

1202 S Stratton St, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,923 Sq Ft
price_per_sqft$231.36 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size14,985 sqft

Building Information

Year Built1969
Stories1
Roof Type158
Garage Spaces2

Land Information

APND2790.0262.00
Lot Number4
SubdivisionSouth Decatur
Land UseResidential
Legal DescriptionLOT 4 BLK 72 SOUTH DECATUR
Census Tract150201
Assessed Land Value$79,050
Assessed Improvement Value$298,287
Assessment Year2025

About this property

Fabulous Home sitting on a corner lot with stunning updates throughout! This three bedroom two bathroom home is truly a must see. Open concept design with large formal dining room open to the living area and kitchen. Kitchen features gas cooktop, oversized center island, custom cabinetry and nice breakfast area. Living area has a beautiful, custom designed brick fireplace with gas starter. Split bedrooms with a jack and jill bath. Nice sized master bedroom with his and her closets and private bath. The spacious backyard has 2 outbuildings. A brick storage building that would be perfect for a home office, home gym, workshop or extra storage. The SheShed is perfect for gardening or would make a great playhouse or doghouse! Yard is fenced with sprinkler system, several mature trees and great landscaping. Practically every surface on this home has been touched! New HVAC, flooring, paint, fixtures, recessed lighting, appliances, kitchen, bathrooms, plumbing, roof, etc. Must See!

Investor Tools

Property Icon
$377,337
Estimated Property Value
$217,264Estimated Mortgage Balance
$160,073Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,669 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,194
$377,337
2025
$79,050
$298,287
$377,337
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,194
$377,337

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$225,000
No
First
Jun 18, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,264
$160,073
42%
58%
$1,349/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Decatur

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1202 S Stratton St | Property Details | No Agent List