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$94,451

NAL Estimated Property Value

3004 S Garland S, Decatur, TX, 76234

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18,731 sqft

Land Information

APND1693.0087.00
Lot Number7
SubdivisionLipsey Addition
Land UseResidential
Legal DescriptionLOT 7 BLK 6 LIPSEY ADDITION
Census Tract150104
Assessed Land Value$88,935
Assessed Improvement Value$5,516
Assessment Year2025

About this property

This property is the perfect lot to build your new starter home on or as an investment to build a much needed rental property in Decatur. The lot is level and ready to build on with all utilities available for your property. With lots of this nature in very short demand in Decatur this will go very well to meet your needs.

Investor Tools

Property Icon
$94,451
Estimated Property Value
$0Estimated Mortgage Balance
$94,451Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$567 /month
Positive
Cash Flow Estimate:
$189 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,271
$94,451
2025
$88,935
$5,516
$94,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,271
$94,451

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$94,451
100%
0%
$0/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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3004 S Garland S | Property Details | No Agent List