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1505 N Bus 287 Decatur, TX $ 400,000
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$ 400,000 Get more info
1505 N Bus 287
$ 400,000
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1505 N Bus 287

Decatur, TX, 76234
$ 400,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,794

1505 N Bus 287, Decatur, TX 76234 - Image 1
1505 N Bus 287, Decatur, TX 76234 - Image 2
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1505 N Bus 287, Decatur, TX 76234 - Image 11
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Multi-Family Home for sale in Decatur, TX

for $400,000 with 4 bedrooms and 2 full baths. This home was built in 2008 on a lot size of 0.371.

Seller will carry 1st, for qualified buyers. 100% Leased, income producing full duplex in the flourishing town of Decatur. Located 35 min north of Ft. Worth & 30 min west of Denton, Decatur is known for its small-town charm & city conveniences. Duplex built in 2008, well insulated & well maintained. Each unit is 2 bed, 1 bath spacious layout of 908sf, covered porches & expansive (unfenced) yards. Duplex sits side-by-side with a similar duplex that is also for sale. MLS#20513584. Large concrete driveway, with generous parking area services both duplex buildings. 1505 on left. 1509 on right. Seller would prefer to sell both duplex buildings to same buyer. This listing is for 1 duplex building, with 2 units. Decatur's population is exploding at a rate of 30%, per EDC. Market rates continue to climb, with shortage of available rental homes to keep up with population growth. This investment property has a very bright income-producing future! Seller will replace roof prior to closing.

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Multi-Family Active

Price

$ 400,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,660

Style

Duplex

Lot Size

0.371

Year Built

2008

Town/City

Decatur

County/Region

Wise

MLS | Web ID

20513400
Features
Interior
Interior Features Cable TV Available High Speed Internet Available
Flooring Carpet Laminate
Occupancy Rate 100
Total Units 2
Full Baths 2
Total Bedrooms 4
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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 Range
School District Decatur ISD
Pool Y/N 0
Exclusions Tenant personal items including all washers dryers & fridges.
Year Built 2008
Levels One
Property SubType Duplex
Subdivision Name Two Spence Place
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 From downtown Ft. Worth Take US-287 N-US-81 N to Wichita St in Decatur approximately 35 miles. Turn right onto Wichita St. Turn left onto Bus 287 BUS. Property is on left. Large open concrete drivew
City Decatur
Buyer Agent Compensation 2
Elementary School Name Young
High School Decatur
Street Name Bus 287
Elementary School Young
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch
Fencing None
Lot Size Source Appraiser
Parking Features Driveway Oversized
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 1808.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 1505
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* Excluded Features
List By
Jeanie Cline

Listing Agent

Airspace

Broker

Affordability Calculator

$3,266
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,794
Monthly Property Taxes
$472
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
287837 Elementary School
3676423 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2024$400,000 Listed Price

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1505 N Bus 287, Decatur, TX, 76234 is a Multi-Family Home for sale at $400,000 with a lot size of 0.371. 1505 N Bus 287 has 4 bedrooms, 2.0 baths, and was built in 2008. The property's zip code is 76234 which is in Decatur, TX

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