Address
372 Pr 4207 # 272, 372, and 500, Decatur, TX
Price
$ 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 | https://www.propertypanorama.com/instaview/ntreis/20417759 |
| 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 |
Amenities
- 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
Price
Visits
Year Built
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