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$250,000

201 E Collom St, Decatur, TX, 76234

$325,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.59 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop

Building Information

Garage Spaces2

About this property

CALLING ALL INVESTORS! Fantastic opportunity in the heart of Decatur, just minutes from the square. This 4-bedroom, 3-bathroom brick home sits on a spacious double lot on a great street with a huge backyard, offering plenty of room to expand or enjoy outdoor living. Built in 1999, this solid brick home features an open floor plan with a convenient master suite on the main level. The home sustained an attic fire in March 2026 and will require extensive repairs; property is being sold strictly as-is, making it an ideal project for investors, contractors, or rehabbers looking to add value in a desirable Decatur location. Don't miss this chance to turn a great location and solid structure into a standout renovation — schedule your showing today!

Investor Tools

Property Icon
$492,827
Estimated Property Value
$187,920Estimated Mortgage Balance
$366,223Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$325,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,957 /month
Positive
Cash Flow Estimate:
$986 /month

Interested in this property?

Phillip Dodd

Arrowhead Land Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

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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