1505 N Bus 287, Decatur TX, 76234
(Active)
$400,000
|
4 beds, 2 Full baths, 1,808 sqft
|
MLS# 20513400
Last Updated: 5/19/2024 3:14 AM
Description for
1505 N Bus 287
Decatur, TX 76234
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.
Price
$400,000
Two Spence Place
Wise
4
2 Full
1,808 (approx)
20513400
Active
Description
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.
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 4 | 2 Full | |
| 0.37 Acres | 1,808 (approx) | 2008 |
| 1 | ||
Two Spence Place
Slab
Public
Public Sewer
Cable Available
Neighborhood
School Information
| District: Decatur ISD | ||
| Young | Decatur | Decatur |
Room Information
| Bathrooms | |||
| 2 | |||
Interior Features
Dishwasher, Disposal, Electric Range
Laminate, Carpet
Central Air
Other,
Central
Exterior / Lot Features
4 Parking Spaces,
Driveway, Oversized
Composition
Driving 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, and is also for sale.
Financial Considerations
| D2870010200 |
| $5,660 |
1031 Exchange, Cash, Conventional, Owner Will Carry
Listing Price History
Decatur Real Estate
Decatur is located in Texas. Decatur, Texas 76234 has a population of 7,402.
The median household income in Decatur, Texas 76234 is $73,864. The median household income for the surrounding county is $70,243 compared to the national median of $66,222. The median age of people living in Decatur 76234 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/11/2024 | Active | $400,000 USD |
|
| 2/29/2024 | Pending | $400,000 USD |
|
| 1/20/2024 | Active | $400,000 USD |
|