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$410,000

NAL Estimated Property Value

2709 Old Decatur Rd, TX, 76234

$533,000 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,128 Sq Ft
Year BuiltBuilt in 1997

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNA0564.7001.00
SubdivisionA-564 Wp Mills
Land UseResidential
Legal DescriptionA0564.0002.03 MANUFACTURER: GREEN HILL SERIAL NUMBER: SERIAL NUMBER: RAD0931719
Census Tract150101
Assessed Improvement Value$113,194
Assessment Year2025

About this property

ACREAGE AND A BONUS! Discover 13.483 acres of serene countryside bordering the stunning LBJ Grasslands. This property features sprawling live oak trees, expansive cleared spaces, and multiple ideal building sites. A well and septic system are on the property, though their current functionality is unknown. A 1997 manufactured home sits on-site as the bonus, offering potential for restoration or removal to make way for your dream build. The property includes a sturdy two-car carport, providing convenient covered parking. Whether you envision a private retreat, hobby farm, or a homestead surrounded by nature, this land is brimming with opportunity. Enjoy the peaceful beauty of the grasslands right next door, with endless possibilities to create your perfect slice of Texas living.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$224,528Estimated Mortgage Balance
$185,472Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$533,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,371
$113,194
2025
N/A
$113,194
$113,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,371
$113,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$489,519
No
First
Jan 24, 2006
Jan 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,528
$185,472
45%
55%
$2,935/mo

Learn About the Market: Opportunity in Texas

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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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2709 Old Decatur Rd | Property Details | No Agent List