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$459,274

NAL Estimated Property Value

150 Canyon Dr, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,136 Sq Ft
price_per_sqft$210.67 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters
Lot Size1.04 acres

Building Information

Year Built2006
Roof Type158
Garage Spaces2

Land Information

APNR2300.0601.00
Lot Number1
SubdivisionReatta Estates Ph2
Land UseResidential
Legal DescriptionLOT 1 BLK 6 REATTA ESTATES PH2
Census Tract150607
Assessed Land Value$78,000
Assessed Improvement Value$381,274
Assessment Year2025

About this property

Gather 'round ya'll for the Deal of the Century in Decatur, But wait, what's that? A 30x40' shop with a man cave? Hold up, folks - Seriously! Picture this: You're sipping coffee in a kitchen so fancy, your toast feels underdressed. Suddenly, you trip on the sexy wood vinyl floors - but don't worry, the soaring ceilings give you plenty of time to regain your balance before you hit the ground. Need to work from home? The study's so large, your boss will think you've gone corporate. And let's talk about that stone fireplace - it's so stunning, even your in-laws might approve. But here's the kicker: This place comes with a monthly lease fee paid TO YOU. That's right, folks - the house pays you to live in it! And as if that wasn't enough, you get free high-speed internet. Netflix and chill? More like Netflix and cha-ching! So, come on down to Reatta Estates, where the ceilings are high, the HVAC is new, and the memories are guaranteed.

Investor Tools

Property Icon
$459,274
Estimated Property Value
$278,805Estimated Mortgage Balance
$180,469Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,756 /month
Positive
Cash Flow Estimate:
$919 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,624
$459,274
2025
$78,000
$381,274
$459,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,624
$459,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$286,000
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,805
$180,469
39%
61%
$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.

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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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