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$425,000

362 Private Road 4379, Decatur, TX, 76234

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,399 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.79 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringLaminate

Exterior

Lot Size2.14 acres

Building Information

Year Built2002
Stories1
Roof Type158
Garage Spaces4

Land Information

APNR0050.0004.02
SubdivisionAnneville 1
Land UseResidential
Legal DescriptionANNEVILLE 1
Census Tract150103
Assessed Land Value$88,234
Assessed Improvement Value$147,727
Assessment Year2025

About this property

Two homes, acreage, a workshop and a pond, all offered together on one unique Decatur property! Situated on approximately 3.36 acres in Wise County, this property offers a rare combination of space, versatility and country living with approximately 2,389 combined square feet between two residences. The main home offers approximately 1,399 sqft with 3 bedrooms and 1 bath, featuring soaring ceilings, exposed wood beams and distinctive rustic character. The second residence offers approximately 990 sqft providing an incredible opportunity for multi generational living, extended family, guests, a home office or additional flexible living space. Both homes have been recently painted on the exterior and feature new laminate flooring, while the second home also has a new roof and mini split unit. There is still opportunity for additional updates, allowing the next owner to add their own style and value. Outside is where this property really sets itself apart. Enjoy approximately 3.36 acres with a pond, a 30 x 30 metal workshop, shared well and plenty of room for gardening, hobbies, equipment and outdoor living. The property offers a peaceful rural setting while still providing convenient access to Decatur and surrounding Wise County communities. If you have been searching for two homes on acreage in Decatur, this is an opportunity worth seeing. Bring your vision and take advantage of the space, improvements and versatility already in place.

Investor Tools

$198,098Estimated Mortgage Balance
$348,902Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,282 /month
Positive
Cash Flow Estimate:
$1,094 /month

Interested in this property?

Farlene Powell

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,783
$235,961
2025
$88,234
$147,727
$235,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,783
$235,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$198,960
No
First
May 16, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,098
$348,902
63%
36%
$1,193/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: Decatur

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