$400,000
NAL Estimated Property Value194 S Meadows Dr, Decatur, TX, 76234
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesMicrowave
FlooringCarpet
Exterior
Lot Size2.34 acres
Building Information
Year Built1986
Stories1
Roof Type158
Garage Spaces2
Land Information
APNR2776.0019.00
Lot Number32
SubdivisionSouth Meadows Ph 2
Land UseResidential
Legal DescriptionLOT 32 SOUTH MEADOWS PH 2
Census Tract150104
Assessed Land Value$163,531
Assessed Improvement Value$215,799
Assessment Year2025
About this property
Beautifully remodeled home! 3 bedrooms, 2 full baths in quiet and peaceful setting. Brand new flooring throughout. Fresh paint inside and out. Brand new lighting fixtures. Kitchen and bathrooms have new cabinets and quartz countertops. New roof. New HVAC. New windows. Living room has large brick fireplace. Great space for entertaining family and friends. Huge backyard with covered patio. This home is move in ready and will not disappoint!
Investor Tools
$400,000
Estimated Property Value
$280,921Estimated Mortgage Balance
$119,079Estimated Equity
29% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,063
$379,330
2025
$163,531
$215,799
$379,330
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,063
$379,330
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Stand Alone Second / Subordinate Position
$305,900
No
First
Jan 25, 2022
Feb 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,921
$119,079
29%
70%
$1,835/mo
