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$316,499

NAL Estimated Property Value

242 Eldorado St, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,941 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$146.83 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringLinoleum

Exterior

Lot Size2.03 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APNR2522.2131.00
Lot Number31
Land UseResidential Mobile Home
Legal DescriptionLOT 31 BLK 1 RANCH HILL ESTATES PHASE 2
Census Tract150101
Assessed Land Value$117,142
Assessed Improvement Value$199,357
Assessment Year2025

About this property

Situated on a generous 2-acre lot, this property offers a serene setting away from the hustle the city. As you enter, you'll be greeted by a carport. Step onto the front deck and imagine enjoying your morning coffee or evening relaxation in this peaceful outdoor space. The side deck offers quick access to your covered parking. Inside, you'll find a bright and inviting living room that is perfect for gatherings with family and friends. With four well-appointed bedrooms, there's plenty of space for everyone to have their own sanctuary. The master bedroom features a walk-in closet, providing ample storage for your belongings. The three bathrooms ensure convenience and privacy for all occupants. The decorative walkway adds a touch of charm to the exterior of the property. Located outside of the city limits, this home offers a peaceful retreat while still being within reach of all the amenities Decatur has to offer. No HOA!

Investor Tools

Property Icon
$316,499
Estimated Property Value
$206,069Estimated Mortgage Balance
$110,430Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,899 /month
Positive
Cash Flow Estimate:
$633 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,780
$316,499
2025
$117,142
$199,357
$316,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,780
$316,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$213,750
No
First
May 15, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,069
$110,430
34%
65%
$1,282/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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242 Eldorado St | Property Details | No Agent List