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$358,000

NAL Estimated Property Value

1600 S College Ave, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.63 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Hardwood, Stone, Varies

Exterior

Private PoolPrivate Pool
Lot Size26,572 sqft

Building Information

Year Built1954
Stories1
Roof Type115
Garage Spaces2

Land Information

APND2790.0385.00
Lot Number1
SubdivisionSouth Decatur
Land UseResidential
Legal DescriptionLOT 1, PT 2-4 BLK 111 SOUTH DECATUR
Census Tract150201
Assessed Land Value$69,448
Assessed Improvement Value$270,552
Assessment Year2025

About this property

This incredible 3,062 sq ft home located in Decatur with only minutes to all of the amenities of the city as well as the historic courthouse square for shopping and fine food can be a one-of-a-kind property for your next home or an investment home. With the large square footage of living space, it also has much more including a large swimming pool and slide. Along with a 560 sq ft pool house, 224 sq ft guest room, a 3-car garage, open porch space as well as a 1200 sq ft carport for your RV. It all sits on 0.5960 acres giving you plenty of space for entertaining and relaxing. This is a very well-built house and must be seen to appreciate its quality and value. Schedule a showing today.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$263,909Estimated Mortgage Balance
$94,091Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$888/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,863
$340,000
2025
$69,448
$270,552
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,863
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$272,000
No
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,909
$94,091
26%
74%
$1,631/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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1600 S College Ave | Property Details | No Agent List