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$284,000

NAL Estimated Property Value

128 El Dorado Street, Decatur, TX, 76234

Off MarketInfo
Baths0 Bath
Baths1,568 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2 acres

Building Information

Year Built2023

Land Information

APNR2522.2106.00
Lot Number6
Land UseResidential Mobile Home
Legal DescriptionLOT 6 BLK 1 RANCH HILL ESTATES PHASE 2
Census Tract150101
Assessed Land Value$115,981
Assessed Improvement Value$157,687
Assessment Year2025

About this property

Whether you are on a budget, want to keep your mortgage payments low or would like to have a semi customizable package put together just for you. Top Notch Homes is now offering land home packages in Ranch Hills Estates Phase 2. Lot sizes vary from 2 - 6 acres lots. Land will be sold as a package with a brand new manufactured home purchased from Top Notch Homes. Please feel free to contact the listing agent for more details. To preview some of the homes please go to www.topnotchhomestx.com or call (817) 953-0929. You can also stop by the retail center located 6550 E State HWY 114 in Rhome. Pictures are of various areas of the subdivision and may not represent the actual lot. FHA, VA, USDA and Conventional Loans welcome! All information is deemed reliable, buyer and buyers agent are responsible to verify all information including but not limited to lot dimensions, easements, school district and subdivision restrictions.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$254,744Estimated Mortgage Balance
$29,256Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,249
$273,668
2025
$115,981
$157,687
$273,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,249
$273,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$265,099
Yes
First
Mar 29, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,744
$29,256
10%
90%
$1,590/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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128 El Dorado Street | Property Details | No Agent List