372 Pr 4207 # 272, 372, and 500, Decatur, TX
$ 898,000
Property Attributes
  • MLS#20417759
  • TypeMulti-Family
  • CountyWISE
  • CityDecatur
  • NeighborhoodSatellite City U1
  • Zip76234
  • StyleDuplex
  • Price$ 898,000
  • Bedrooms18
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage8400
  • Lot Size6.13 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Calling All Investors! Three duplex units spread out over 6.13 acres. This is a sure investment guaranteeing rental income with long standing tenants in each unit. Each unit is approximately 2800sqft of living space constructed with decorative stone-finish masonry block, new metal roofs, vinyl floors or stained concrete throughout, ceramic tile surrounding in tub-showers, and covered parking. Each unit has a private well (with masonry block well-house) and septic system. These units are built for years of trouble-free service and have been maintained with newer pressure tanks in the well houses and all septic's pumped within the last year. There is also a 1600sqft metal shop between the 1st and 2nd units.

Elementary School
Carson Elementary School
Price History
9/5/2023 Listed $1,075,000
10/2/2023 8% - $998,000
2/27/2024 11% - $898,000

General Features

Heating Central,Electric
Complex Name N/A
Cooling Central Air,Electric
Utilities Co-op Electric,Septic,Well
Possession Closing/Funding
Roof Metal
Appliances Dishwasher,Electric Cooktop,Electric Oven
School District Decatur ISD
Capitalization Rate 4.55
Year Built 2004
Tenancy No Sublease,Over 9 Months,Pets Allowed,Written Application Only
Levels One
Will Subdivide No
Gross Annual Expenses 34748.00
Unit Number 272,372,and 500
Property SubType Duplex
Subdivision Name Satellite City U1
Insurance Expense 8400
Occupant Type Tenant
Carport Spaces 2
County Wise
Operating Expense Includes Insurance,Maintenance Grounds,Manager,Trash,Other
Property Type Residential Income
Security Features Smoke Detector(s)
Construction Materials Block
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo
# of Buildings 3
Status Active
Directions South from Decatur on Hwy 287. East on FM 2264 for 4 miles. Turn right on County Road 4219 and then first left onto Private Road 4207. On right.
City Decatur
Buyer Agent Compensation 2
Elementary School Name Carson
High School Decatur
Street Name Pr 4207
Elementary School Carson
Virtual Tour URL Unbranded
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Vaulted Ceiling(s)
Flooring Carpet,Concrete,Vinyl
Occupancy Rate 100
Total Units 3
Unit Count 2
Full Baths 10
Lock Box Type None
Total Bedrooms 18

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Acreage
Fencing Back Yard,Chain Link
Lot Size Source Assessor
Parking Features Covered
Lot Size 5 to < 10 Acres
Covered Spaces 6
Foundation Slab
Lot Size Area 6.1300
Number Of Parking Spaces 6
Lot Size Units Acres
Building Area Total 8400.00
Lot Size Square Feet 267022.8000
Lot Size Acres 6.1300
Patio And Porch Features Covered


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76234

AVG $570K
AVG 81
Data Provided by Inside Real Estate®
Year Built
AVG 2007

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