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$365,000

146 River Rd, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size42,689 sqft

Building Information

Year Built1983
Stories1
Roof Type158
Garage Spaces2

Land Information

APNR0460.0057.00
Lot Number9
SubdivisionDecatur Acres
Land UseResidential
Legal DescriptionLOT 9 BLK 6 DECATUR ACRES
Census Tract150103
Assessed Land Value$73,686
Assessed Improvement Value$281,746
Assessment Year2025

About this property

Welcome to your dream home just outside the city limits of Decatur, Texas, within the esteemed Decatur ISD. This newly renovated gem sits on nearly an acre of serene land, offering the perfect blend of tranquility and convenience. Aesthetically and functionally updated, this home is move-in ready for you and your family. Enjoy modern finishes, an open floor plan, and abundant natural light throughout. The kitchen boasts stainless steel appliances and quartz countertops, while the spacious living areas and bedrooms provide comfort and style. Step outside to your expansive backyard, perfect for family gatherings and outdoor activities. This is the perfect place to call home!

Investor Tools

Property Icon
$367,000
Estimated Property Value
$286,000Estimated Mortgage Balance
$89,507Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$536
$355,432
2025
$73,686
$281,746
$355,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$536
$355,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homewood Mortgage Llc
Conventional
$286,000
No
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,493
$89,507
24%
76%
$1,715/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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146 River Rd | Property Details | No Agent List