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Days292Days on Market
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$526,500

237 Private Road 2391, Decatur, TX, 76234

On MarketInfo
Baths1 Bath
Baths864 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size28 acres

Building Information

Year Built2004
Roof Type112

Land Information

APNA0064.0001.04
SubdivisionA-64 Cb Ball
Land UseResidential
Legal DescriptionA-64 CB BALL 28.0000 ACRES
Census Tract150101
Assessment Year2025

About this property

Don't miss out on this rare opportunity! Prime Texas land in the beautiful Mabel Estates is perfect for your dream country lifestyle! Ag Exempt. Scattered trees. Bring your livestock. Barndominiums welcome. No Mobile Homes or temporary buildings!!! Minimum 2500 sq ft home. Deed Restrictions apply. Enjoy wide open spaces, peaceful surroundings and the freedom to build your home the way you envisioned it. Convenient to Decatur, Denton, I35, DFW but far enough out for the true country living. Property is located right off of the Wise Denton County line. Call for appointment. Property is gated. Listing agent must be present to show.

Investor Tools

Property Icon
$798,429
Estimated Property Value
$354,000Estimated Mortgage Balance
$485,210Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,791 /month
Positive
Cash Flow Estimate:
$1,597 /month

Interested in this property?

Annie Little

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,651
$798,429
2025
N/A
N/A
$844,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,651
$798,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$354,000
No
First
Jun 12, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,219
$485,210
60%
39%
$2,123/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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237 Private Road 2391 | Property Details | No Agent List