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$550,000

NAL Estimated Property Value

1221 County Road 1180, Decatur, TX, 76234

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.48 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range
FlooringConcrete

Exterior

Lot Size5 acres

Building Information

Year Built2012
Roof Type158
Garage Spaces3

Land Information

APNA0745.0004.48
SubdivisionA-745 Lc Smith
Land UseResidential
Legal DescriptionTRACT 5 5.0000 ACRES
Census Tract150101
Assessed Land Value$129,993
Assessed Improvement Value$389,210
Assessment Year2025

About this property

Make this custom-built brick and stone home your own private oasis on a quiet county road greatly located between Decatur and Alvord with gorgeous sunsets! Easy access to 287, about 40 minutes from DFW area or Denton. Enjoy farm life or your enjoyment of some privacy out of city limits and no HOA. This sublime home offers 5 bedrooms, 3 bathrooms, with a media room, separate office or study, and a large laundry room. The are stained concrete floors throughout the entire home and gorgeous woodwork in the kitchen. There is plenty of space for a large family or someone who enjoys hosting family gatherings. With this unique land there is plenty to explore in this area and grasslands just a few miles away. New flooring is needed, seller is open to a flooring allowance with acceptable offer. PROFESSIONAL PHOTOS COMING SOON

Investor Tools

Property Icon
$550,000
Estimated Property Value
$460,555Estimated Mortgage Balance
$89,445Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,930
$519,203
2025
$129,993
$389,210
$519,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,930
$519,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$475,429
Yes
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,555
$89,445
16%
84%
$2,851/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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1221 County Road 1180 | Property Details | No Agent List