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$202,000

NAL Estimated Property Value

175 Billy Jo, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Water Softener

Exterior

Lot Size23,958 sqft

Building Information

Year Built2018
Roof Type158

Land Information

APNR2710.0429.00
Lot Number14-15
SubdivisionSatellite City U1
Land UseResidential
Legal DescriptionLT: 14 & 15 BLK: 15 SATELLITE CITY U3 0.5500 ACRES MANUFACTURER: LEGACY SERIAL NUMBER: L113761A SERIAL NUMBER: NTA1811347
Census Tract150103
Assessed Land Value$33,457
Assessed Improvement Value$150,807
Assessment Year2025

About this property

Cute and affordable home in Decatur! This doublewide features a split floor plan, separate laundry room, front porch, and fully fenced for you to be able to bring your pets! There is a water softener system with an iron sulphur terminator AND RO system at sink and waterline to the fridge installed to bring your well water to its fullest potential! Don't let a little bit of TLC keep you away from looking at this home, the seller will have repairs completed prior to closing on your new home, complete with a re-level job. This home will qualify for FHA and VA making this the perfect opportunity to get your foot in the door of home ownership! Located minutes from the historic Decatur town square, zoned to Decatur ISD, and easy access to 287. No restrictions on building so you can live in the mobile and build your dream home later. Don't let this opportunity pass you by.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$197,228Estimated Mortgage Balance
$4,772Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,257
$184,264
2025
$33,457
$150,807
$184,264
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,257
$184,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$199,323
Yes
First
Sep 28, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,228
$4,772
2%
98%
$1,244/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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175 Billy Jo | Property Details | No Agent List