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$297,000

NAL Estimated Property Value

297 Lone Tree Lane, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$140.86 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Combination, Vinyl

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size1.54 acres

Building Information

Year Built2006
Garage Spaces3

Land Information

APNR1380.0119.00
Lot Number19
SubdivisionPrairie Vista Estates Ph2
Land UseResidential
Legal DescriptionLOT 19 BLK 1 PRAIRIE VISTA ESTATES PH2 S# TXLS684A22532CW12 MANUFACTURER: MAYS ENTERPRISES INCORPORATED SERIAL NUMBER: TXLS68
Census Tract150103
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Highest and Best by Saturday, May 9 at 6:30pm CST. Beautifully updated home on quiet acreage in Decatur. Interior upgrades include new flooring, paint, fixtures, and refreshed finishes throughout, plus updates to major systems for added peace of mind. The open layout offers a bright living area, spacious kitchen, and well-sized bedrooms with great storage. Outside features include a 20×20 workshop, 4-car carport, drive-through backyard access, mature trees, and an accessible front ramp. Plenty of usable land for parking, equipment, hobbies, or future additions. Move-in ready with a complete list of updates available.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$109,992Estimated Mortgage Balance
$187,008Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,564
$233,470
2025
N/A
N/A
$260,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,564
$233,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$117,000
No
First
Mar 17, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,992
$187,008
62%
37%
$702/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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297 Lone Tree Lane | Property Details | No Agent List