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1505 N Bus 287
Decatur TX 76234 US

$400,000

Active Listing ID 20513400
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4 bed
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2.00 Bath (2 Full Bath)
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Lot: 0.37 Acres
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Duplex

$400,000

Active Listing ID 20513400
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1505 N Bus 287 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.

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Property Features

  • Facts
  • Lot Size: 0.37 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Covered Patio/Porch
  • Floor Covering: Carpet, Laminate
  • Roof Type: Composition
  • Heating Fuels: Central Furnace
  • Additional Features
  • Patio

School Information

  • School
  • Young(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 400000
  • unparsedaddress: 1505 N Bus 287
  • postalcity: Decatur
  • stateorprovince: TX
  • country: US
  • postalcode: 76234
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.371
  • lotsizeunits: Acres
  • lotsizearea: 0.371
  • livingareaunits: Square Feet
  • latitude: 33.246702
  • longitude: -97.602377
  • listagentfullname: Jeanie Cline
  • listagentemail: jeanie@jeaniecline.com
  • listagentkey: 3yd-NTREIS-0670223
  • listagentmlsid: 0670223
  • listagentpreferredphone: 9723693509
  • listagentofficephone: 8173943906
  • listofficekey: 3yd-NTREIS-AIRS01
  • listagentstatelicense: 0670223
  • listofficemlsid: AIRS01
  • disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2008
  • listagenturl: https://airspacetexas.com
  • countyorparish: Wise
  • parcelnumber: D2870010200
  • elementaryschool: Young
  • appliances: Dishwasher, Garbage Disposer, Range, Washer
  • flooring: Carpet, Laminate
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Driveway, Oversized
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Cable Tv Available, High Speed Internet Available
  • exteriorfeatures: Covered Patio/Porch
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.602377, 33.246702
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Listing Changed: 4/25/2024 1:58:46 PM GMT
Source Updated Date: 5/20/2024 6:49:47 AM GMT

Courtesy of: Jeanie Cline, AirSpace, jeanie@jeaniecline.com

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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