402 E Ash Street, Decatur TX, 76234
(Active)
$550,000
|
6 beds, 4 Full/2 Half baths, 2,588 sqft
|
MLS# 20513357
Last Updated: 5/19/2024 4:22 AM
Description for
402 E Ash Street
Decatur, TX 76234
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.
Price
$550,000
Proctor Add
Wise
6
4 Full/2 Half
2,588 (approx)
20513357
Active
Description
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.
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 6 | 4 Full/2 Half | |
| 0.42 Acres | 2,588 (approx) | 2009 |
| Yes-4 spaces | 1 | |
Proctor Add
Slab
Public
Public Sewer
Cable Available
Neighborhood
School Information
| District: Decatur ISD | ||
| Rann | Decatur | Decatur |
Room Information
| Bathrooms | |||
| 4 | 2 | ||
Interior Features
Dishwasher, Disposal, Electric Oven, Electric Range
Laminate, Carpet
Central Air
Other,
Central
Exterior / Lot Features
4 Garage Spaces,
6 Parking Spaces,
Driveway, Attached
Composition
Corner Lot
Driving 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.
Financial Considerations
| D2340003100 |
| $6,984 |
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 |
|---|---|---|---|
| 1/20/2024 | Active | $550,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2021 | $6,891 USD | 49.80% | $428,228 USD | 112.41% |
| 2020 | $4,600 USD | -17.53% | $201,600 USD | - |
| 2019 | $5,578 USD | 16.31% | $201,600 USD | -15.23% |
| 2018 | $4,796 USD | 10.20% | $237,827 USD | 41.29% |
| 2017 | $4,352 USD | -0.21% | $168,330 USD | 0.20% |