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$495,000

208 William Allen Ln, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.97 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size14,810 sqft

Building Information

Year Built2008
Roof Type158
Garage Spaces3

Land Information

APND3022.0032.00
Lot Number32
SubdivisionKings Terrace Estates
Land UseResidential
Legal DescriptionLOT 32 BLK 1 KINGS TERRACE ESTATES
Census Tract150202
Assessed Land Value$78,345
Assessed Improvement Value$415,981
Assessment Year2025

About this property

This is the kind of home that makes life feel easy. Perfectly positioned just minutes from the Historic Decatur Square with quick access to Highway 380, this beautifully updated home combines space, comfort, convenience, and flexibility in all the right ways. Whether it is grabbing dinner on the square, making a quick commute, hosting friends for football season, or simply enjoying a slower evening at home, this property fits effortlessly into every stage of life. With over 2,800 square feet situated on more than .3 of an acre, this home was designed for living large without losing the feeling of home. The open-concept floorplan creates a natural flow between the living and kitchen spaces, making everything feel inviting and ideal for entertaining. At the center of it all, the wood-burning fireplace brings character to the main living area, creating the perfect place to gather after a long day. The split-bedroom layout offers the ideal balance of privacy and functionality, while the large primary suite creates a retreat within the home. The resort-style ensuite features a jetted tub, separate shower, and space that makes winding down at the end of the day feel effortless. Upstairs, the massive flex space completely transforms what this home can offer. Whether you dream of a media room, game room, home gym, or a second living area, this oversized bonus room gives you the freedom to create a space that truly fits your lifestyle. Step outside and the spacious backyard continues the experience with room to entertain, unwind, garden, play, or simply enjoy having extra space. Additional backyard storage adds even more practicality without sacrificing the well-maintained feel of the property. What makes this home stand out is not just the square footage or location, it is the way the home lives. Every space feels intentional and welcoming. It is the kind of property where weekends feel more relaxed, gatherings feel more natural, and everyday life simply works better.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$332,500Estimated Mortgage Balance
$249,022Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,798
$494,326
2025
$78,345
$415,981
$494,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,798
$494,326

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$332,500
No
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,978
$249,022
45%
55%
$1,994/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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208 William Allen Ln | Property Details | No Agent List