Thank you
Jeanie Cline
AirSpace
972-369-3509
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.
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Total Bedrooms : 4
Full Baths: 2
Half Baths: 0
Cable TV Available,High Speed Internet Available
Dishwasher,Disposal,Electric Range
Asphalt,City Sewer,City Water,Electricity Connected
Central Air
Central
Number of Fireplaces: 0
Built Year: 2008
Building Area Total: 2,044
Construction: Siding
Roof Type: Composition
Slab
Covered
Siding
Lot Size (Acr): 0.3710
Lot Size Units: Acres
Lot Size Square Feet: 16160.7600
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
Original List Price: $435,000
Possession: Closing/Funding
Parcel Number: D2870010100
Tax Block: 1
Tax Legal Description: LOT 1 BLK 1 TWO SPENCE PLACE
Tax Lot: 1
Unexempt Taxes: $5,442
Garage Space: 0
Carport Spaces: 0
Parking: 4
Parking Features: Concrete,Driveway,Oversized
HOA Type: None
Elementary School: Young
Middle School: Decatur
High School: Decatur
School District: Decatur ISD
Utilities: Asphalt,City Sewer,City Water,Electricity Connected
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 |
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.