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$300,000

NAL Estimated Property Value

3104 S Garland St, Decatur, TX, 76234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.07 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesRain Gutters
Lot Size8,407 sqft

Building Information

Year Built1986
Stories1
Roof Type158
Garage Spaces1

Land Information

APND1693.0091.01
Lot Number12
SubdivisionLipsey Addition
Land UseResidential
Legal DescriptionLOT PT 12 BLK 6 LIPSEY ADDITION
Census Tract150104
Assessment Year2025

About this property

Nestled in the well-established Lipsey Addition in Decatur, Texas, this charming 3-bedroom, 2-bathroom home is full of potential and ready for its next chapter. Whether you’re looking for the perfect place to start out or a smart investment opportunity, this home offers comfort, functionality, and a great location. Inside, you’ll find a cozy living room that creates the perfect space to relax and spend time with family. The kitchen offers ample countertop space, generous cabinet storage, and all-electric appliances, with a dining area conveniently located just off the living room. The bedrooms are all nicely sized, and the primary suite features its own en suite bathroom with separate closets. A dedicated laundry room includes built-in cabinetry and space for a full-size washer and dryer. Outside, the large backyard is a great size and offers plenty of room to enjoy the outdoors, complete with a 9x10 storage shed, privacy fence. The front yard offers a sprinkler system, landscaped and an additional driveway to the right of the home. Additional highlights include an attached one-car carport, covered front porch, energy-efficient windows installed just three years ago, and fiber internet availability for those working from home. Don’t miss your opportunity to make this Decatur home your own—whether as your next residence or your next great investment.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$133,698Estimated Mortgage Balance
$166,302Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,262
$259,641
2025
N/A
N/A
$281,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,262
$259,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$148,106
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,698
$166,302
55%
45%
$888/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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3104 S Garland St | Property Details | No Agent List