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$488,000

NAL Estimated Property Value

2441 Fm 1204, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.36 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size40,337 sqft

Building Information

Stories1
Roof Type158
Garage Spaces4

Land Information

APNR1010.0006.00
Lot NumberR
SubdivisionOriginal Greenwood
Land UseResidential
Legal DescriptionLOT PT-R ORIGINAL GREENWOOD
Census Tract150101
Assessed Land Value$60,596
Assessed Improvement Value$211,393
Assessment Year2025

About this property

1 ACRE HOMESITE!! Come see this fabulous 3 bedroom 2 bath home with all NEW features. The floorplan offers an open living room, New flooring, New appliances, New HVAC systems, and much more. The master suite will blow you away. It won't last long, come see it today!

Investor Tools

Property Icon
$488,000
Estimated Property Value
$126,231Estimated Mortgage Balance
$361,769Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,520
$271,989
2025
$60,596
$211,393
$271,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,520
$271,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$137,200
No
First
Feb 16, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,231
$361,769
74%
26%
$823/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2441 Fm 1204 | Property Details | No Agent List