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$79,000

204 William Allen Lane, Decatur, TX, 76234

PendingInfo
Baths0 Bath
ImprovedLandImprovedLand

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,810 sqft

Land Information

APND3022.0033.00
Lot Number33
SubdivisionKings Terrace Estates
Land UseResidential
Legal DescriptionLOT 33 BLK 1 KINGS TERRACE ESTATES
Census Tract150202
Assessed Land Value$78,345
Assessment Year2025

About this property

One of the last remaining lots in Kings Terrace, this property offers a wonderful opportunity to build the home you’ve been envisioning. Located in a quiet, established area, the lot provides a peaceful setting while still offering convenient access to everything Decatur has to offer. Enjoy being just minutes from the historic Decatur Square, where you’ll find local dining, shopping, entertainment, and community events. Bring your plans and take advantage of the chance to create a home that fits your needs in a location that combines a quiet neighborhood setting with close proximity to the heart of Decatur.

Investor Tools

$0Estimated Mortgage Balance
$1,371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,226 /month
Positive
Cash Flow Estimate:
$2,742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,323
$78,345
2025
$78,345
N/A
$78,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,323
$78,345

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,371,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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204 William Allen Lane | Property Details | No Agent List