$525,535
NAL Estimated Property Value301 S Arthur Street, Decatur, TX, 76234
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size14,375 sqft
Building Information
Year Built2014
Roof Type172
Garage Spaces1
Land Information
APND2698.0801.00
Lot Number1
SubdivisionRita Lemond Addition
Land UseResidential
Legal DescriptionLOT 1 BLK 8 RITA LEMOND ADDITION
Census Tract150103
Assessed Land Value$76,763
Assessed Improvement Value$448,772
Assessment Year2025
About this property
Great opportunity for income producing units! These duplexes are 3 bed 2 bath and a little over 1600 square feet per unit. The Units are leased currently with tenants and are in good shape overall inside. Each unit has a spacious bedrooms, backyards and fairly open concept for the living and kitchen areas. Each unit also has 2 car garage for parking as well as driveway parking and great curb appeal. Units next door are also for sale, MLS number 14609038
Investor Tools
$525,535
Estimated Property Value
$356,076Estimated Mortgage Balance
$169,459Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,153 /month
Positive
Cash Flow Estimate:
$1,051 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,044/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,900
$525,535
2025
$76,763
$448,772
$525,535
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,900
$525,535
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Fha
$389,193
Yes
First
Nov 19, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,076
$169,459
32%
68%
$2,334/mo
