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$292,000

NAL Estimated Property Value

1604 S College Street, Decatur, TX, 76234

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.81 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Washer
FlooringCarpet, Laminate

Exterior

Lot Size15,246 sqft

Building Information

Year Built1954
Stories1
Roof Type158
Garage Spaces1

Land Information

APND2790.0388.01
Lot Number4
SubdivisionSouth Decatur
Land UseResidential
Legal DescriptionLOT PT 4 BLK 111 SOUTH DECATUR
Census Tract150201
Assessed Land Value$79,889
Assessed Improvement Value$187,227
Assessment Year2025

About this property

This is a perfect property to be a first home for you or for an investor for rentals. It is a partially remodeled very well built house that is in a well established neighborhood and can easily be what you need it to be. While it is only a 2 bedroom and 2 bath presently it can easily be turned into a 3 bedroom by converting the one car garage into a 3rd bedroom and adding 396 square feet to the 1,518 square feet making a total of 1,914 square feet. With the two car detached cinder block open garage this would be a perfect solution to add to your needs. Plan to see this great property and make it your own.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,589
$267,116
2025
$79,889
$187,227
$267,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,589
$267,116

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1604 S College Street | Property Details | No Agent List