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B+
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Days6Days on Market
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$164,995

309 Decatur St, Bowie, TX, 76230

$180,644 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.75 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesStorage
Lot Size10,152 sqft

Building Information

Year Built1944

Land Information

APNR000008724
Lot Number3
SubdivisionHill Csl Survey
Land UseResidential
Legal DescriptionAB 319 PT LOT 3 BLK 16 HILL CSL SURVEY
Census Tract950502
Assessed Land Value$10,130
Assessed Improvement Value$98,520
Assessment Year2025

About this property

Big lot, plenty of space, and tons of potential in Bowie! Situated on an impressive approximately 0.64-acres, this lot offers a unique opportunity for buyers looking for extra room and flexibility within the city. The expansive property is the standout feature, providing plenty of space for outdoor living, gardening, recreational areas, additional storage, a workshop, or other future improvements subject to applicable city requirements and restrictions. With more than half an acre, there is room to create a private backyard retreat while still maintaining generous open space around the home. The existing single-story residence offers approximately 1,688 sq. ft. and provides an opportunity to renovate, update, or personalize the property to fit your needs. The combination of an existing home and a large 0.64-acre lot makes this an attractive option for an owner-occupant, investor, or buyer looking for a property with additional space and long-term potential. Conveniently located in Bowie, with access to local shopping, dining, schools, parks, and everyday services. Bowie also provides connectivity to US-287 and US-81, making travel toward Decatur, Wichita Falls, and other North Texas communities convenient. If you've been searching for a property where land, space, and possibilities take center stage, 309 Decatur St deserves a closer look. Buyer and buyer's agent to verify square footage, lot size, boundaries, zoning, utilities, restrictions, permitted uses, and all information deemed important.

Investor Tools

$22,673Estimated Mortgage Balance
$229,327Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$180,644
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Jeb Bryant

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$431
$108,650
2025
$10,130
$98,520
$108,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$431
$108,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Fha
$16,632
Yes
First
Nov 7, 2022
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,673
$229,327
91%
9%
$145/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.

Explore Texas Explore This Area
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: Bowie

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