• 402 E Ash Street Decatur, Texas 76234

  • $550,000
  • 6
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.415
    Acre

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.

Property Type :

Residential Income

Subdivision :

Proctor Add

County :

Wise

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Full Baths: 4

Half Baths: 2

Interior Features

Cable TV Available,High Speed Internet Available

Appliances

Dishwasher,Disposal,Electric Oven,Electric Range

Utilities

Asphalt,City Sewer,City Water

Cooling Features

Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2009

Building Area Total: 2,588

Construction: Siding

Roof Type: Composition

Exterior Features

Covered Patio/Porch

Foundation

Slab

Construction Materials

Siding

Lot Information

Lot Size (Acr): 0.4150

Lot Size Units: Acres

Lot Size Square Feet: 18077.4000

Lot Features: Corner Lot

Property Information

Property Type: Residential Income

Property Sub Type: Duplex

Subdivision: Proctor Add

City: Decatur

State: Texas

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.

Property Status: Active

Exclusions: Tenant personal items, including washers, dryers & refrigerators.

Levels: One

Property Age: 15

Year Built Details: Preowned

Listing Price Information

Original List Price: $550,000

Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: D2340003100

Tax Block: 30R

Tax Legal Description: PROCTOR ADDITION 0.415 ACRES BLOCK 30R TRACT

Tax Lot: 1

Unexempt Taxes: $6,984

Parking Information

Has Garage

Garage Space: 4

Carport Spaces: 0

Parking: 6

Parking Features: Garage Single Door,Driveway

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Rann

Middle School: Decatur

High School: Decatur

School District: Decatur ISD

Utility Information

Utilities: Asphalt,City Sewer,City Water

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 @ 19:34

MLS: 435162295
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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