402 E Ash Street Decatur, TX $ 550,000
402 E Ash Street
$ 550,000
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402 E Ash Street

Decatur, TX, 76234
$ 550,000
Bedrooms6 Baths4.2

Monthly Estimate*

$ 3,842

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Multi-Family Home for sale in Decatur, TX

for $550,000 with 6 bedrooms and 4 full baths, 2 half baths. This home was built in 2009 on a lot size of 0.415.

Impressive 2-story duplex that looks & feels like a townhome! 100% Leased & income producing, this property is an exceptional investment property! Situated on a corner lot, each unit's front of home, garage & driveway, are located on opposite sides of building, creating uber-privacy and is highly desirable for tenants. Property was built in 2009, is well insulated, & well maintained. Both units are 3 bed, 2.1 bath & 2-car garage, with a spacious layout of 1,294sf. Located in the flourishing town of Decatur, just 35 miles north of Ft. Worth & 24 miles west of Denton. Decatur is known for its small-town charm & big-box, city conveniences. Decatur's population is exploding at a rate of 30%, per EDC. Market rates continue to climb, with shortage of available rentals to keep up with the population growth. This investment property has a very bright income-producing future! This listing is for 1 duplex building, with 2 units. Seller has two more duplexes for sale: MLS #20513400, 20513584.

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 6,984

Style

Duplex

Lot Size

0.415

Year Built

2009

Town/City

Decatur

County/Region

Wise

MLS | Web ID

20513357

Features
Interior
Interior Features Cable TV Available High Speed Internet Available
Flooring Carpet Laminate
Basement Y/N 0
Occupancy Rate 100
Total Units 2
Full Baths 4
Half Baths 2
Street Suffix Street
Total Bedrooms 6
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General
Heating Central
Complex Name Duplex
Cooling Central Air
Utilities Asphalt City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Oven Electric Range
Number of Garage Spaces 4
School District Decatur ISD
Pool Y/N 0
Exclusions Tenant personal items including washers dryers & refrigerators.
Year Built 2009
Levels One
Property SubType Duplex
Subdivision Name Proctor Add
Occupant Type Tenant
County Wise
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Take Hwy 287 N for 39 miles to Bus Hwy 287 - Bus US-81 in Wise County. Exit Bus Hwy 287 N in Decatur. Stay on Bus Hwy 287 N. Turn right on Miller St. Turn right on Ash St. Property is on right.
City Decatur
Buyer Agent Compensation 2
Elementary School Name Rann
High School Decatur
Street Name Ash
Elementary School Rann
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch
Lot Features Corner Lot
Garage Length 1
Garage Width 1
Parking Features Garage Single Door Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 2588.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Jeanie Cline

Listing Agent

Airspace

Broker

Affordability Calculator

$4,424
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$582
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3942709 Elementary School
3676423 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2024$550,000 Listed Price

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402 E Ash Street, Decatur, TX, 76234 is a Multi-Family Home for sale at $550,000 with a lot size of 0.415. 402 E Ash Street has 6 bedrooms, 4.2 baths, and was built in 2009. The property's zip code is 76234 which is in Decatur, TX