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$418,000

1979 Fm 2264, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.49 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Linoleum

Exterior

Lot Size5.02 acres

Building Information

Year Built1991
Stories1
Roof Type158
Garage Spaces7

Land Information

APNA0363.0004.03
SubdivisionA-363 A Hill
Land UseResidential
Legal DescriptionA-363 A HILL 5.02 ACRES
Census Tract150103
Assessed Land Value$203,020
Assessed Improvement Value$194,959
Assessment Year2025

About this property

***Price Improvement*** This property is in a good location, close enough to town, but still has country feel. The property is fenced and crossed fenced bring your horses, cows and chickens. There is a 24 X 24 workshop with electricity, and other out buildings and sheds that all have electricity. There is a great covered outdoor area where you can entertain. The home needs some TLC. Property being sold AS-IS.

Investor Tools

Property Icon
$418,000
Estimated Property Value
$313,500Estimated Mortgage Balance
$123,279Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,601
$397,979
2025
$203,020
$194,959
$397,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,601
$397,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$313,500
No
First
Feb 14, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,721
$123,279
29%
71%
$1,880/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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1979 Fm 2264 | Property Details | No Agent List