3 months on rocket

402 E Ash St, Decatur, TX, 76234

$550,000

Home List Price

$6,531*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
Multi
Schools Nearby

Location

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402 E Ash St, Decatur$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Attached Garage4 spaces
Year Built2009
HeatingCentral
CoolingCentral Air
MLS #20513357
Lot Size0.41 Acres
StatusActive

About 402 E Ash St

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 Details

Property Features

Property Information:

  • Year Built: 2009
  • Stories: 1

Listing Office:

  • Office Name: AirSpace
  • Office Phone: (817) 394-3906
  • Listing Agent: Jeanie Cline

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Basement: No
  • Flooring Type: Carpet, Laminate
  • Interior: High Speed Internet, Cable TV

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 402 E Ash St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Decatur High School, Public District Grades 9-12
  • McCarroll Middle School, Public District Grades 7-8
  • Rann Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $6,891
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Decatur, TX.

Med. List Price

$499.6K

Med. Price/SqFt

$214

Avg. Days On Market

90

# of Sold Homes

21

402 E Ash St vs Decatur

104 DAYS ON ROCKET

+14 Days

$550,000

+$50.3K More

KEY TAKEAWAY

This property is $50.3K more than the Median List Price in Decatur, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20513357

Listing Office:

  • Office Name: AirSpace
  • Office Phone: (817) 394-3906
  • Listing Agent: Jeanie Cline

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/4/2024, 12:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,891$301,961
2020$5,578$201,600
2019$4,796$237,827
2018$4,797$193,540
2017$4,352$168,330

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5671978
4
/10
  • Rann Elementary School

  • 1300 Deer Park Rd

  • 1.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5671979
4
/10
  • McCarroll Middle School

  • 1201 W Thompson St

  • 1.44 miles

  • Public District Grades 7-8

High School

school-card-donut-5671980
6
/10
  • Decatur High School

  • 750 East Eagle Summit Dr

  • 1.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,618. The majority of Decatur, TX residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesTexasWise CountyDecatur76234402 E Ash St

This home is located at 402 E Ash St in Decatur, TX and zip code 76234. This home, which was built in 2009, sits on a 0.41 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $550,000.

The number of listings in Decatur, TX increased by 19% between March 2024 and April 2024. Listings spent 90 days on the market in April 2024, and had a median list price of $499,633 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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