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$299,900

$309,000

1411 N Business 287, Decatur, TX, 76234

$306,403 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,070 Sq Ft
price_per_sqft$144.88 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Must-Sell

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Laminate, Linoleum

About this property

1411 N US Business 287 is a perfect opportunity to rehab a home in a great location in Decatur Texas! The 1976 built home sits on 1 acre inside Decatur City limits and is nestled along business 287 allowing great access to 287 north going toward Wichita Falls, or head back south to get into Decatur or keep heading south to Fort Worth. This home is a 3 bed 2 bath and just needs to find the right person to bring back the charm and luster! The home has a spacious living room as well as a converted garage that is now being used as a den or a second living room. Off the den you have a large utility room with washer and dryer hook ups and plenty of room to add another fridge or deep freeze, or use as a craft room or pet room! The bedrooms are spacious and the master does have a small ensuite bathroom with a stand up shower. Outside the home you do have covered parking with a 2 car detached carport with storage in the back. This property sits in a prime location of Decatur If you are looking for close accessibility to what Decatur has, but you also want more than a quarter acre parcel. Now is your chance to bring this cottage style home back to what it can be!

Investor Tools

$0Estimated Mortgage Balance
$299,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$306,403
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Jared Lucier

Parker Properties Real Estate

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Financing Details

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

City: Decatur

1411 N Business 287 | Property Details | No Agent List