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$765,000

132 Blackstar Lane, Decatur, TX, 76234

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.75 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size3.58 acres

Building Information

Garage Spaces3

Land Information

APNR0211.0A04.00
Lot Number4
Land UseVacant Commercial Lot
Legal DescriptionLOT 4 BLK A BLACKSTAR ESTATES
Census Tract150101
Assessed Land Value$184,640
Assessment Year2025

About this property

***Rare opportunity to build to suit on large lots, nicely secluded off 380.***Blackstar Estates is an upcoming development in Decatur ISD, featuring fenced, 2+ treed lots with no HOA, MUD or PID. Subdivision is midway between Decatur and Denton off HWY 380, thereby offering close access to both Hwy 287 and I35, but far enough off 380 to enjoy a more rural setting without the highway noise. These extra wide lots, creating more distance from your neighbors, will be side fenced with pipe and no climb wire. Malibu offers these build outs on a standard build- carpet, tile, and engineered wood; decorative crown molding and five & one-fourth baseboards; ceiling fans in all rooms; textured walls with rounded corners; vaulted ceilings and wood beams; large kitchen island, custom cabinets throughout; full gutters, sod, flower bed landscaping, and a sprinkler system. Homes are energy efficient with Radiant Barrier decking, a 15 SEER heat pump, R-49 blown in attic insulation, and R-15 Batt wall insulation. Choose your floor plan and build out and make this home yours with a builder who prides himself with quality workmanship and who offers a 1-2-10 home warranty to back up his product. Again, this is a rare opportunity to have a home built on a lot to your specifications. Don't miss your chance! Price listed on this home is for a 2400 square foot build with no additional upgrades. Bedrooms, bathrooms and garage will be dependent on selected floor plan. PHOTOS are examples of recent Malibu builds.

Investor Tools

Property Icon
$184,640
Estimated Property Value
$0Estimated Mortgage Balance
$37,958Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,590 /month
Positive
Cash Flow Estimate:
$1,530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$184,640
2025
$184,640
N/A
$184,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$184,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbt Financial Bank
Purchase Money Mortgage
$150,000
No
First
Feb 5, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,682
$37,958
20%
79%
$900/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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132 Blackstar Lane | Property Details | No Agent List