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$395,000

$399,000

1701 Oakmeadow Dr, Decatur, TX, 76234

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,123 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.06 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size11,326 sqft

Building Information

Year Built1998
Roof Type158
Garage Spaces2

Land Information

APNR1760.0023.00
Lot Number1
SubdivisionMeadowbrook Ph1
Land UseResidential
Legal DescriptionLOT 1 BLK 3 MEADOWBROOK PH1
Census Tract150202
Assessed Land Value$45,304
Assessed Improvement Value$342,048
Assessment Year2025

About this property

Single story home with pool & spa! Beautifully maintained 4-bedroom, 3-bath home ideally located in the heart of Decatur, offering convenient access to shopping, dining, and major highways. Enjoy the charm of neighborhood living without the restrictions of an HOA—an increasingly rare find. Designed with both comfort and entertaining in mind, the backyard is a true retreat featuring a pool, standalone spa, pergola, and expansive decking—perfect for hosting gatherings or relaxing year-round. Inside, a welcoming foyer opens to a spacious living area that flows seamlessly into the kitchen, all with views of the backyard oasis. The oversized primary suite provides a private escape, while the secondary bedrooms are thoughtfully spaced for added privacy. Situated on a desirable corner lot, the home also offers a side-entry garage and circular driveway, allowing for ample parking and added convenience. This property truly offers the best of location, functionality, and lifestyle.

Investor Tools

$247,859Estimated Mortgage Balance
$147,603Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Brittany Allred

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,604
$387,352
2025
$45,304
$342,048
$387,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,604
$387,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$149,900
No
First
Jul 11, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,859
$153,141
38%
63%
$1,619/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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1701 Oakmeadow Dr | Property Details | No Agent List