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$969,906

NAL Estimated Property Value

223 Wild Horse Rd, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,500 Sq Ft
price_per_sqft$241.57 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Double Oven, Warming Drawer, Water Softener
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size5.36 acres

Building Information

Year Built2002
Stories1
Roof Type158
Garage Spaces3

Land Information

APNR1780.0021.00
Lot Number21
SubdivisionMustang Creek
Land UseResidential
Legal DescriptionLOT 21 BLK 1 MUSTANG CREEK
Census Tract150104
Assessed Land Value$209,705
Assessed Improvement Value$760,201
Assessment Year2025

About this property

Bring your Family to Mustang Creek! This 3,500 square foot home sits on over 5 acres with a Pool, Huge Workshop, Pond and Solar Panels! Interior is complete with 3 bedrooms, 3 and a half bathrooms, formal dining, study and media room. The media room could be utilized as a 4th bedroom if desired. Kitchen features center island, walk in pantry, double ovens, warming drawer, Viking cooktop and is open to living and breakfast area. Oversized utility room with ample storage and sink. Enjoy the Sparkling pool with spa from the oversized back patio that is perfect for entertaining! 50x50 workshop has 4 bays and 2 side entry doors with plenty of room for your boat, mower or UTV. There is an additional 30x40 slab that would make a great sport court! Mustang Creek is highly desirable for its convenient location to all Decatur has to offer with No City Taxes! This Home is the Total Package!

Investor Tools

Property Icon
$969,906
Estimated Property Value
$208,087Estimated Mortgage Balance
$761,819Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,819 /month
Positive
Cash Flow Estimate:
$1,940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,094/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,276
$969,906
2025
$209,705
$760,201
$969,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,276
$969,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Unknown
$215,150
No
First
Jul 16, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,087
$761,819
78%
21%
$1,290/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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