• 1509 N Bus 287 Decatur, Texas 76234

  • $435,000
  • 4
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.371
    Acre

Seller will carry 1st, for qualified Buyers. 100% Leased, income producing full duplex in flourishing town of Decatur. 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. Located 30 min north of Ft. Worth & 30 min west of Denton. Decatur is known for small-town charm & city conveniences. Built in 2008, duplex is well insulated & well maintained. Each unit includes 2 bed, 1 bath spacious layout of 1,022sf, covered porches & expansive (unfenced) yards. Duplex sits side-by-side with a similar duplex that is also for sale. MLS#20513400. A 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. This investment property has a very bright income-producing future! Seller will replace roof prior to closing.

Property Type :

Residential Income

Subdivision :

Wildwood

County :

Wise

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Full Baths: 2

Half Baths: 0

Interior Features

Cable TV Available,High Speed Internet Available

Appliances

Dishwasher,Disposal,Electric Range

Utilities

Asphalt,City Sewer,City Water,Electricity Connected

Cooling Features

Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2008

Building Area Total: 2,044

Construction: Siding

Roof Type: Composition

Foundation

Slab

Patio And Porch

Covered

Construction Materials

Siding

Lot Information

Lot Size (Acr): 0.3710

Lot Size Units: Acres

Lot Size Square Feet: 16160.7600

Property Information

Property Type: Residential Income

Property Sub Type: Duplex

Subdivision: Two Spence Place

City: Decatur

State: Texas

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 driveway leads to two buildings. 1505 is on left. 1509 is on right. Both duplexes are for sale.

Property Status: Active

Exclusions: Tenant personal items, including washer, dryer & fridge.

Levels: One

Property Age: 16

Year Built Details: Preowned

Listing Price Information

Original List Price: $435,000

Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: D2870010100

Tax Block: 1

Tax Legal Description: LOT 1 BLK 1 TWO SPENCE PLACE

Tax Lot: 1

Unexempt Taxes: $5,442

Parking Information

Garage Space: 0

Carport Spaces: 0

Parking: 4

Parking Features: Concrete,Driveway,Oversized

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Young

Middle School: Decatur

High School: Decatur

School District: Decatur ISD

Utility Information

Utilities: Asphalt,City Sewer,City Water,Electricity Connected

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD E Hwy 380 Highway, Decatur, TX,76234 $842,638 -- -- -- 5.41 Acres
00 W Fm 1810 Highway, Decatur, TX,76234 $1,599,500 -- -- -- 38.127 Acres
378 County Road 3170 Road, Decatur, TX,76234 $2,251,679 4 2 1,642 84.969 Acres
TBD 7 County Rd 2830, Decatur, TX,76234 $65,000 -- -- -- 1 Acre
1801 S Trinity Street, Decatur, TX,76234 $1,521,115 -- -- -- 5.82 Acres
00 Walker Street, Decatur, TX,76234 $70,000 -- -- -- 0.32 Acre
LOT 3 County Road 2513, Decatur, TX,76234 $125,000 -- -- -- 2.06 Acres
LOT 4 County Road 2513, Decatur, TX,76234 $140,000 -- -- -- 2.06 Acres
LOT 5 County Road 2513, Decatur, TX,76234 $140,000 -- -- -- 2.06 Acres
LOT 6 County Road 2513, Decatur, TX,76234 $130,000 -- -- -- 2.06 Acres
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved

ByOwner last updated this listing 04/29/2024 @ 15:49

MLS: 435170088
LISTED BY: Jeanie Cline, AirSpace
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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