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$909,855

NAL Estimated Property Value

3601 S Fm 51, Decatur, TX, 76234

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,256 Sq Ft
price_per_sqft$150.66 / sqft
Year BuiltBuilt in 1991

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size1.96 acres

Building Information

Roof Type158

Land Information

APNR2865.0120.00
Lot Number12
SubdivisionThe Meadows
Land UseResidential
Legal DescriptionLOT 12 THE MEADOWS
Census Tract150104
Assessed Land Value$147,000
Assessed Improvement Value$762,855
Assessment Year2025

About this property

Come View This well laid out ranch style home sitting on right under 2 acres featuring over 2200 square feet, split floor plan, living room with Wood burning fire place, dining room, updated kitchen and a garage conversion living room to give you more space for entertaining. The home has been well kept and updated recently. Outside of the home you have an all concrete driveway surrounded by gorgeous trees, pool with new pump separately fenced from the rest of the property, and a large detached bonus entertainment room that could be finished out to be a great mother in law suite on the property. The back of the property has a small loafing shed with storage that is surrounded by fenced pasture.

Investor Tools

Property Icon
$909,855
Estimated Property Value
$199,897Estimated Mortgage Balance
$709,958Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,459 /month
Positive
Cash Flow Estimate:
$1,820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$909,855
2025
$147,000
$762,855
$909,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$909,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The State Bank
Conventional
$225,000
No
First
Aug 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,897
$709,958
78%
22%
$1,349/mo

City: Decatur

3601 S Fm 51 | Property Details | No Agent List