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$395,000

NAL Estimated Property Value

125 Lajitas Dr, Decatur, TX, 76234

$490,301 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.83 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size2.26 acres

Building Information

Garage Spaces2

Land Information

APNR1860.0104.01
Lot Number4
SubdivisionMontecito Estates
Land UseResidential Single Family
Legal DescriptionLOT 4 BLK 1 MONTECITO ESTATES, UNDIVIDED INTEREST 50.0000000000%
Census Tract150103
Assessed Land Value$80,326
Assessed Improvement Value$241,468
Assessment Year2025

About this property

Welcome to 125 Lajitas Drive located in Decatur, Texas. This well appointed custom built home is sitting on over 2 acres boasting expansive views to the North. Step inside the home and you will notice the open concept living throughout the living room and kitchen. Enjoy high end finishes throughout the home including hand scraped hard wood floors, granite counter tops, top of the line custom cabinetry throughout the home. The owners suite features double vanities, oversized shower, walk in closet. Out back you will enjoy privacy and seclusion. Enjoy iconic Texas sunsets night after night on your back patio. Located just North of NRS Ranch enjoy the piece and quiet of living in the country, yet ideally located less than 10 mins. from Downtown Decatur. Less than an hour from DFW Airport, Southlake, Downtown Dallas Ft Worth.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$0Estimated Mortgage Balance
$395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$490,301
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,329 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,893
$321,794
2025
$80,326
$241,468
$321,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,893
$321,794

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,000
100%
0%
$0/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.

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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125 Lajitas Dr | Property Details | No Agent List