402 E Ash St

Decatur, TX 76234
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6 Bedroom(s)
4 Full & 2 Half Bath(s)
0.42 Lot Acres
Multi-Family - Duplex

Audio narrative

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.

MLS#
NTREIS-20513357
List Price
$550,000
Listing Status
For Sale
Address
402 E Ash St
City
State
TX
Zip Code
County
Subdivision
Proctor Add
Legal Description
PROCTOR ADDITION 0.415 ACRES BLOCK 30R TRACT
Property Type
Multi-Family - Duplex
Bedroom
6 Bedroom(s)
Bath
4 Full & 2 Half Bath(s)
Garages
4 / Attached
Stories
1
Year Built
2009 /Appraisal District
Lot Size
0.42 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Siding
Lot Description
Corner Lot
Garage Size
1 X 1
Parking
Garage Single Door, Driveway
Parking Space
Garage 4 / Carport 0 / Total Covered 4
Utility
Asphalt, City Sewer, City Water
Exterior
Covered Patio/Porch

Interior

Floors
Carpet, Laminate
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Electric Oven, Electric Range
Interior
Cable TV Available, High Speed Internet Available

Lot information

Lot Size
0.42 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 28, 2024 at 11:47 PM
Listing last updated Feb 25, 2024 at 09:18 PM
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402 E Ash St, Decatur, TX 76234. View photos, map, tax, nearby homes for sale, home values, school info...

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