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$688,000

NAL Estimated Property Value

1387 County Road 1111, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,583 Sq Ft
price_per_sqft$250.87 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size2 acres

Building Information

Year Built2016
Roof Type158
Garage Spaces5

Land Information

APNR3900.0101.01
Lot Number1R2
SubdivisionWrangler Estates
Land UseResidential
Legal DescriptionLOT 1R2 BLK 1 WRANGLER ESTATES
Census Tract150101
Assessed Land Value$149,970
Assessed Improvement Value$537,247
Assessment Year2025

About this property

Very nice 4 bedroom 2 bath home sitting on 2 acres just outside the city limits. Inside greets you with hand scraped hardwood flooring, vaulted ceilings and a WBFP. Enjoy the open kitchen featuring a large island, SS appliances and a walk in pantry. Spacious office or flex space. Primary bedroom has an enormous walk in shower, a soaking tub, and a huge walk in closet. Enjoy the privacy of the greenbelt surrounded by a custom wood fence and loafing shed.

Investor Tools

Property Icon
$688,000
Estimated Property Value
$210,583Estimated Mortgage Balance
$477,417Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,128 /month
Positive
Cash Flow Estimate:
$1,376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,400
$687,217
2025
$149,970
$537,247
$687,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,400
$687,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$224,000
No
First
Feb 10, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,583
$477,417
69%
31%
$1,343/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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1387 County Road 1111 | Property Details | No Agent List