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$366,000

NAL Estimated Property Value

705 N Cates Street, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,937 Sq Ft
price_per_sqft$192.05 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,498 sqft

Building Information

Year Built2014
Roof Type158
Garage Spaces2

Land Information

APND2340.0021.00
Lot Number1
SubdivisionProctor Addition
Land UseResidential
Legal DescriptionPROCTOR ADDITION .241 ACRES BLOCK 1 TRACT 1
Census Tract150202
Assessed Land Value$75,271
Assessed Improvement Value$277,350
Assessment Year2025

About this property

Beautifully maintained versitle floorplan just off the Decatur Square! Home has 4 bedrooms, all with closets! 4th bedroom could be utilized as a home office, formal dining, playroom or sitting area. Open concept kitchen with oversized granite island overlooking living room with room for barstools and spacious dining area attached. Large Master with walk in tile shower, seperate bathtub and walk in closet. This home is filled with tons of natural light, neutral paint and beautiful wood like flooring in the high traffic areas! Backyard has wood privacy fencing and a covered back patio! Sprinkler system, gutters and a 2 car garage. This home is an easy afternoon walk to Harmon Park or to all that the Historic Decatur Square has to offer!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,069
$352,621
2025
$75,271
$277,350
$352,621
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,069
$352,621

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$366,000
100%
0%
$0/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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