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B+
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$440,000

141 Fm 1204, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.47 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Water Softener

Exterior

Exterior FeaturesRV Hookup
Lot Size42,297 sqft

Building Information

Year Built1984
Stories1
Roof Type158
Garage Spaces3

Land Information

APNA0867.0013.02
SubdivisionA-867 Jt White
Land UseResidential
Legal DescriptionA-867 JT WHITE 0.971 ACRES
Census Tract150101
Assessed Land Value$29,130
Assessed Improvement Value$256,747
Assessment Year2025

About this property

Opportunity to own your own piece of paradise. Located less than 15 minutes from Decatur Texas, this home is located on 4.66 acres of flat country land. Partial area used for AG (Hay crops). Workshop building is a dream at 30x40 with RV parking and Welding hookups inside the shop. Bring your chickens and horses, enjoy the nature and see the stars at night. Must see to appreciate this rare opportunity. Schedule your appointment soon before this one is gone.

Investor Tools

Property Icon
$447,000
Estimated Property Value
$0Estimated Mortgage Balance
$447,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,884
$285,877
2025
$29,130
$256,747
$285,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,884
$285,877

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$447,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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