$509,032
NAL Estimated Property Value305 S Arthur Street, Decatur, TX, 76234
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size12,502 sqft
Building Information
Roof Type158
Garage Spaces2
Land Information
APND2698.0701.00
Lot Number1R
SubdivisionRita Lemond Addition
Land UseResidential
Legal DescriptionLOT 1R BLK 7 RITA LEMOND ADDITION
Census Tract150103
Assessed Land Value$73,137
Assessed Improvement Value$435,895
Assessment Year2025
About this property
If you are looking for investment property, These could be the ones! These Units are each 3 bed 2 bath with right over 1600 square feet per unit. The open floor plan for the kitchen, dining and living room are ideal and The bedrooms are very spacious for the unit sizes. Each Unit has its own 2 car garage with concrete driveway for additional parking and great curb appeal. Another set of duplexes next door is also for sale. MLS 14609056
Investor Tools
$509,032
Estimated Property Value
$563,814Estimated Mortgage Balance
$509,032Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,012/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,601
$509,032
2025
$73,137
$435,895
$509,032
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,601
$509,032
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Land Contract (Argmt. Of Sale)
$318,750
No
First
Nov 18, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,814
N/A
0%
111%
$3,696/mo
