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$220,000

345 Cemetery Road, Decatur, TX, 76234

$253,526 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Cooktop, Water Softener

Building Information

Garage Spaces2

About this property

Escape the hustle and bustle of the city and discover the potential of this peaceful 4-acre property near Decatur, Texas. No HOA and no known restrictions, this versatile tract invites you to bring your own builder bringing your vision to life. The land is fully fenced and cross-fenced, offering privacy, space, and flexibility for a variety of uses from creating an investment property or simply enjoying a quiet rural lifestyle. Currently, the property includes a mobile home (likely needing removal), a small shed, and a barn. Two water wells are present with one operational. Co-op water is available at the road, making it easy to tap into utilities. Located minutes from Decatur, the seat of Wise County, you'll enjoy access to a charming historical town square, a public library, a local airport, and a 9-hole golf course. This community offers the best of both worlds: the serenity of country living with the convenience of nearby amenities. Denton is 35 minutes east on Hwy 380, and DFW Airport is about an hour away, putting the entire Metroplex within easy reach. All information is deemed reliable, but not guaranteed.

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$253,525
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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345 Cemetery Road | Property Details | No Agent List