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$145,475

NAL Estimated Property Value

244 County Road 3298, Decatur, TX, 76234

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3 acres

Land Information

APNR2256.0A04.00
Lot Number4
SubdivisionPappy Lawson Addition
Land UseAgriculture / Farming
Legal DescriptionLOT 4 BLK A PAPPY LAWSON ADDITION
Census Tract150104
Assessed Land Value$145,475
Assessment Year2025

About this property

FIVE LOTS AVAILABLE, make sure you see them all! Introducing a prime piece of vacant land where your creativity can flourish! Enjoy the beauty of minimal building restrictions, allowing you to imagine and craft your ideal spot. Nestled on a quiet dead-end road, this private haven promises serene living away from the hustle. Yet, it’s close to Highway 51, meaning you're never too far from picking up the essentials. The land falls within the esteemed Paradise School District, making it an ideal spot to raise the young scholars or have them close to quality education. It’s sandy loam which is great for those who might want to flex their green thumbs. Whether it's a lush garden or a small farm, you decide how green your paradise will be! If you fancy a city outing or need to jet away, Dallas-Fort Worth Airport is just a 45-minute drive.

Investor Tools

Property Icon
$145,475
Estimated Property Value
$70,299Estimated Mortgage Balance
$75,176Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$873 /month
Positive
Cash Flow Estimate:
$291 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$61/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4
$145,475
2025
$145,475
N/A
$145,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4
$145,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Commercial
$72,000
No
First
Jan 21, 2025
Feb 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,299
$75,176
51%
48%
$432/mo

City: Decatur

244 County Road 3298 | Property Details | No Agent List