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$704,343

NAL Estimated Property Value

383 County Road 3198, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,125 Sq Ft
price_per_sqft$99.39 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3 acres

Building Information

Year Built1998
Stories1
Roof Type158
Garage Spaces3

Land Information

APNA0454.0099.05
SubdivisionA-454 Samuel Isaacs
Land UseResidential
Legal DescriptionA-454 SAMUEL ISAACS 3.0000 ACRES
Census Tract150104
Assessed Land Value$179,957
Assessed Improvement Value$524,386
Assessment Year2025

About this property

3 Acre Tract off Hwy 51 South Decatur. Sold As Is!!!! No repairs!!! Read the Seller's Disclosure Notice. Do not go to the house with out your agent! The drive is washed out at the street, you can not drive up & will need to walk up. Home is priced to reflect this. Features large rooms, 2 balconies with a view, good floor plan, beautiful entry & stair-case, in-ground pool, large detached shop with over head door.

Investor Tools

Property Icon
$704,343
Estimated Property Value
$365,964Estimated Mortgage Balance
$338,379Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,226 /month
Positive
Cash Flow Estimate:
$1,409 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$864/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,847
$704,343
2025
$179,957
$524,386
$704,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,847
$704,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Doug White Etal
Purchase Money Mortgage
$400,000
No
First
Nov 8, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,964
$338,379
48%
52%
$2,399/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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383 County Road 3198 | Property Details | No Agent List