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$233,000

NAL Estimated Property Value

2809 S Lipsey Street, Decatur, TX, 76234

$235,406 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.62 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size24,002 sqft

Land Information

APND1693.0017.02
Lot Number17
SubdivisionLipsey Addition
Land UseResidential
Legal DescriptionLOT 17 BLK 1 LIPSEY ADDITION, UNDIVIDED INTEREST 50.0000000000%
Census Tract150104
Assessed Land Value$48,336
Assessed Improvement Value$107,647
Assessment Year2025

About this property

Seller said, **SELL IT** Bring your offer! Back on the market with updates & repairs made. BRAND NEW, interior and exterior paint. BRAND NEW, flooring. BRAND NEW, light fixtures. BRAND NEW, lower kitchen cabinets, butcher block counter tops and custom upper cabinet doors.You have two living spaces, so one could be an office*homeschool room*family room.. dream BIG! The en-suite bathroom was taken to the studs and rebuilt-remodeled. his home has been ripped out from the 70's and given a modern farmhouse look perfectly on trend.It sits on a corner lot *over half an acre* in the sought after Lipsey addition in Decatur. As part of the remodel, the HVAC, plumbing and electrical have been serviced & repairs made.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$0Estimated Mortgage Balance
$233,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$235,405
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,121
$155,983
2025
$48,336
$107,647
$155,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,121
$155,983

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
100%
0%
$0/mo

City: Decatur

2809 S Lipsey Street | Property Details | No Agent List