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$719,863

2240 County Road 2360, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.88 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2.14 acres

Building Information

Year Built2022
Roof Type158
Garage Spaces4

Land Information

APNR3230.0103.00
Lot Number3
SubdivisionWaggoner Settlement Addition
Land UseResidential
Legal DescriptionLOT 3 BLK 1 WAGGONER SETTLEMENT ADDITION
Census Tract150101
Assessed Land Value$155,974
Assessed Improvement Value$563,889
Assessment Year2025

About this property

BACK ON THE MARKET- Get off the beaten path with this Malibu Homes new construction, 4 bedroom, 2 bathroom, 2 car garage. Expected completion is late August-early September. Property features an open concept and split floor plan with endless back patio view. Kitchen boasts SS appliances, granite countertops and a large island for entertaining. Stone, electric fireplace is a perfect focal point in the living room. Smart thermostat, along with irrigated, sodded and landscaped front yard come standard. Easy access to US 380 and to beautiful downtown Decatur. This builder prides himself on quality homes, and he is also offering a 2-1 buydown with his preferred lender; no reason to miss out on your dream home.

Investor Tools

Property Icon
$719,863
Estimated Property Value
$437,750Estimated Mortgage Balance
$310,496Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,319 /month
Positive
Cash Flow Estimate:
$1,440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$880/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,955
$719,863
2025
$155,974
$563,889
$719,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,955
$719,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$437,750
No
First
Nov 23, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,367
$310,496
43%
57%
$2,625/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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2240 County Road 2360 | Property Details | No Agent List