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$380,607

NAL Estimated Property Value

156 Blackstar Ln, Decatur, TX, 76234

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size4.35 acres

Building Information

Garage Spaces5

Land Information

APNR0211.0A07.00
Lot Number7
Land UseAcreage Timber Land
Legal DescriptionLOT 7 BLK A BLACKSTAR ESTATES
Census Tract150101
Assessed Land Value$190,335
Assessed Improvement Value$190,272
Assessment Year2025

About this property

Beautiful unique new subdivision that will be the gem of wise county. 6000 sqft shop with office and bath already built on property. Country life with paved roads and easy access to HWY 380 for a convenient commute throughout the metroplex. Sophisticated country living on your 4.38 acre custom home site, within an exclusive 12 lot community. Each custom home will be minimally 2,400 SQFT, 100% masonry requirement which masonry siding is allowed, no front entry garages, buried propane tanks allowed, well and septic required, and there is no building time restriction. Bring your own builder or the developers builder which on site currently building two homes. Community is currently under development with estimated completion March of 2023.

Investor Tools

Property Icon
$380,607
Estimated Property Value
$1,740,624Estimated Mortgage Balance
$380,607Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$380,607
2025
$190,335
$190,272
$380,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$380,607

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The West
Commercial
$585,000
No
First
Aug 11, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,740,624
N/A
0%
457%
$10,576/mo

City: Decatur

156 Blackstar Ln | Property Details | No Agent List