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$653,000

NAL Estimated Property Value

941 County Road 2175, Decatur, TX, 76234

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,337 Sq Ft
price_per_sqft$241.72 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2 acres

Building Information

Year Built2020
Roof Type158
Garage Spaces6

Land Information

APNR1817.0101.00
Lot Number1
SubdivisionMeadow Ridge Estates
Land UseResidential
Legal DescriptionLOT 1 BLK 1 MEADOW RIDGE ESTATES
Census Tract150202
Assessed Land Value$149,970
Assessed Improvement Value$475,566
Assessment Year2025

About this property

Immaculate home on 2 acres with a fabulous floorplan! This home was built in 2020 and is filled with custom finishes throughout. Kitchen has a large center island overlooking the family room and is complete with an abundance of cabinetry, double oven, walk in pantry, tasteful quartz and granite counter tops and a ton of natural light! The floorplan is flexible and allows for a game room, a 4th bedroom and or a study or formal dining room. Master suite features oversized walk in shower, garden tub and his and her vanities. Large walk in closet with added built ins that conveniently leads to the utility room. Bedrooms and gameroom are split from the Master Suite. This 2 acre tract is perfectly located in one of Decatur's most desired locations with easy access to all Decatur has to offer!

Investor Tools

Property Icon
$653,000
Estimated Property Value
$324,975Estimated Mortgage Balance
$328,025Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,273
$625,536
2025
$149,970
$475,566
$625,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,273
$625,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$350,000
No
First
Jul 20, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,975
$328,025
50%
50%
$2,099/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.

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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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941 County Road 2175 | Property Details | No Agent List