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$313,000

NAL Estimated Property Value

2904 S Garland St, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,251 Sq Ft
price_per_sqft$239.01 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size17,990 sqft

Building Information

Year Built1977
Stories1
Roof Type158
Garage Spaces1

Land Information

APND1693.0082.00
Lot Number2-3
SubdivisionLipsey Addition
Land UseResidential
Legal DescriptionLOT PT 2 & 3 BLK 6 LIPSEY ADDITION
Census Tract150104
Assessed Land Value$86,917
Assessed Improvement Value$195,992
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED: please submit best & final by 8pm Sunday, July 14th. This home is a showstopper! With a long list of updates and upgrades, this home is move-in ready! Trendy colors and finishes, this home shines with its painted brick, cedar shutters and wood-like tile throughout. Enjoy a backyard fit for kids to play, dogs to run and a great opportunity to add a pool and outdoor living space. New interior paint throughout, new carpet in secondary bedrooms, painted kitchen cabinets with gold hardware and fresh backsplash, new quartz countertops, light fixtures and drought tolerant landscaping, leave little for you to make this home your own! Only minutes from downtown Decatur, walking distance to Casa Torres, 20mins to Springtown, 40mins to Weatherford, 45mins to Will Rogers Fort Worth, less than 1hr to DFW Airport.

Investor Tools

Property Icon
$313,000
Estimated Property Value
$227,648Estimated Mortgage Balance
$85,352Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,657
$282,909
2025
$86,917
$195,992
$282,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,657
$282,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust Co
Conventional
$235,000
No
First
Aug 12, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,648
$85,352
27%
73%
$1,409/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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2904 S Garland St | Property Details | No Agent List