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$440,000

256 Crest Ln, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.25 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size1.00 acres

Building Information

Year Built2019
Roof Type158
Garage Spaces2

Land Information

APNR0915.0134.00
Lot Number34
SubdivisionHillcrest Meadows Ph1
Land UseResidential
Legal DescriptionLT: 34 BLK: 1 HILLCREST MEADOWS PH3 1.0020 ACRES
Census Tract150103
Assessed Land Value$75,150
Assessed Improvement Value$330,569
Assessment Year2025

About this property

*** MULTIPLE OFFERS RECEIVED*** Highest and Best deadline Thursday, April 18th 9:00pmNestled within the highly sought-after Hillcrest community in Decatur, this remarkable property offers an unparalleled lifestyle with the added perk of no HOA. Situated on a sprawling 1-acre lot at the end of a peaceful cul-de-sac, enjoy the luxury of privacy and stunning grade views from side and the back. The open-concept floorplan seamlessly blends living spaces, while one of the bedrooms boasts double doors, perfect for a home office or guest suite. With four bedrooms total and two bathrooms, and a spacious shop complete with foam insulation and electricity, this home provides both comfort and functionality. Embrace the freedom of homeownership without HOA restrictions in this exceptional Decatur retreat. O

Investor Tools

Property Icon
$442,000
Estimated Property Value
$273,000Estimated Mortgage Balance
$178,811Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,986
$405,719
2025
$75,150
$330,569
$405,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,986
$405,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$273,000
No
First
May 21, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,189
$178,811
40%
60%
$1,637/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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256 Crest Ln | Property Details | No Agent List