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B+
NoAgentList RatingHow are grades calculated? Info

$922,000

2460 N Fm 51, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$476.96 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Slate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
Lot Size2 acres

Building Information

Year Built2006
Roof Type158
Garage Spaces2

Land Information

APNA0015.0012.11
SubdivisionA-15 Wl Alston
Land UseResidential
Legal DescriptionA-15 WL ALSTON 2.0000 ACRES
Census Tract150101
Assessed Land Value$46,125
Assessed Improvement Value$651,819
Assessment Year2025

About this property

Entertainers & horse lover's dream-immaculately maintained home, with 27.7 park-like acres. Vaulted, beamed ceilings & an abundance of natural light create a welcoming living space with beautiful built-ins and a Rumford full-masonry WB fireplace. The kitchen is perfect for gathering, with a large, wrap around breakfast bar and tons of cabinet space. Recent updates include new asphalt drive, new carpet, fresh paint in living, & updated bathrooms and boasts several built-ins, a cigar humidor, dry bar & large media room. Property includes a new 30 X 30 horse stable with 12 ft lean-to & cedar lined tack room, a personal Nextlink tower, loafing shed, & a 30X40 shop. Drink your coffee on the large, front porch, and then spend the evening on the back patio grilling & hanging out around the fire pit or swimming in the 9.5 ft diving pool. With beautiful land, a new horse stable, & a gorgeous, custom house, trade city life for quiet countryside- - all still within 4 minutes to downtown Decatur.

Investor Tools

Property Icon
$922,000
Estimated Property Value
$0Estimated Mortgage Balance
$922,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,620 /month
Positive
Cash Flow Estimate:
$3,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$991/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,285
$697,944
2025
$46,125
$651,819
$697,944
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,285
$697,944

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$922,000
100%
0%
$0/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.

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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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2460 N Fm 51 | Property Details | No Agent List