Last listed at $399,000, CLOSED ON Apr 2022

—

•

2,568

sq ft

111 N Workman Rd, Decatur, TX 76234

About this home

100% Leased, income producing full duplex in the semi-rural, growing town of Decatur. Minutes to Denton and 35 Minutes due North of Ft. Worth on Hwy 287. Duplexes are very well maintained and improved. Rent roll, improvements, expenses & additional duplex info are in transaction document desk. If you are looking for more duplexes, Seller has one more full duplex on the street and 6 more in Bridgeport. Photos include Decatur & Bridgeport duplexes.. See drone video in virtual tours. This listing is for 1 full duplex, with 2 units.

Multi-familyProperty Type

2009Year Built

10,585 sq ftLot Size

$155Price/Sq.Ft.

4 spacesParking

Listed by Jeanie Cline • AirSpace

Bought with Rob Lee • Keller Williams Central

Redfin checked: 3 minutes ago

•Source:NTREIS #14760059

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 76234, TX

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.9%

0.4% MoM

Median sale price

$458K

$25K MoM

Avg. days on market

78d

1 days MoM

Recently sold homes

3 MoM

New listings for sale

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2470 N Trinity St, Decatur, TX 76234
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360 County Road 4358, Decatur, TX 76234
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1037 Private Road 4481, Decatur, TX 76234
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1108 County Road 4360, Decatur, TX 76234
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OPEN SAT, 10AM TO 12PM
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4 beds2.5 baths2,583 sq ft
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See all

Provided by Redfin

Sale history for 111 N Workman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,356 (−0.1%)

$75,259 + $335,922

$411,181

2024

$7,364 (+0.3%)

$54,797 + $349,782

$404,579

2023

$7,339 (−4.5%)

$54,797 + $349,782

$404,579

2022

$7,682 (+23.2%)

$40,011 + $310,763

$350,774

2021

$6,234 (+30.9%)

$40,010 + $244,660

$284,670

2020

$4,764 (−1.2%)

$37,370 + $171,370

$208,740

2019

$4,824 (+12.9%)

$37,370 + $168,290

$205,660

2018

$4,272 (+5.7%)

$21,170 + $151,180

$172,350

2017

$4,042 (+0.3%)

$21,170 + $135,170

$156,340

2016

$4,032 (−0.5%)

$21,170 + $135,170

$156,340

2015

$4,053 (+13.1%)

$21,170 + $134,200

$155,370

2014

$3,583 (−0.2%)

$7,290 + $133,500

$140,790

2013

$3,591 (−0.6%)

$7,290 + $133,500

$140,790

2012

$3,611 (−0.1%)

$7,290 + $134,880

$142,170

2011

$3,616 (−0.2%)

2010

$3,625 (+1,862.3%)

2009

$185

Tax history for 111 N Workman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,356 (−0.1%)

$75,259 + $335,922

$411,181

2024

$7,364 (+0.3%)

$54,797 + $349,782

$404,579

2023

$7,339 (−4.5%)

$54,797 + $349,782

$404,579

2022

$7,682 (+23.2%)

$40,011 + $310,763

$350,774

2021

$6,234 (+30.9%)

$40,010 + $244,660

$284,670

2020

$4,764 (−1.2%)

$37,370 + $171,370

$208,740

2019

$4,824 (+12.9%)

$37,370 + $168,290

$205,660

2018

$4,272 (+5.7%)

$21,170 + $151,180

$172,350

2017

$4,042 (+0.3%)

$21,170 + $135,170

$156,340

2016

$4,032 (−0.5%)

$21,170 + $135,170

$156,340

2015

$4,053 (+13.1%)

$21,170 + $134,200

$155,370

2014

$3,583 (−0.2%)

$7,290 + $133,500

$140,790

2013

$3,591 (−0.6%)

$7,290 + $133,500

$140,790

2012

$3,611 (−0.1%)

$7,290 + $134,880

$142,170

2011

$3,616 (−0.2%)

2010

$3,625 (+1,862.3%)

2009

$185

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

10,585 Sq. Ft.

Year renovated

—

Sq. Ft.

2,568

Year built

2009

Style

Other

County

Wise County

APN

000000785412

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 2026.

Multiple-Family Residential District

The MF, Multiple-Family Residential District is intended to provide for development of Multi-Family Dwellings, Single Family Attached Dwellings, Single Family Detached Dwellings, and Two Family Dwellings. This District serves as a buffer between nonresidential development or heavy automobile traffic and a medium or low density residential development.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Fire house
Golf related

Property details

Parking

Parking Information
Number Of Parking Spaces: 4
Open Parking Spaces: 0
Parking Features: Assigned

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 4
Bathrooms Total Decimal: 4
Bathrooms Total Integer: 4

Bedroom Information
Bedrooms Total: 6

Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Electric

Interior Features
Appliances: Dishwasher, Disposal, Electric Range
Living Area: 2568.00
Levels: One
Interior Features: Cable TV Available

Exterior

Building Information
Roof: Composition
Construction Materials: Frame
Foundation Details: Slab

Lot Information
Lot Size Acres: 0.2430
Lot Size Area: 0.2430
Lot Size Square Feet: 10585.0800
Lot Size Units: Acres
Parcel Number: D1300010100
RATIO List Price By Lot Size Acr: 1641975.30864
Will Subdivide: Yes

Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Property Attached YN: No
Accessory Unit YN: No
Multi Parcel IDYN: Yes
Planned Development: 1 of 6 full duplexes
Property Key: 48497|D1300010100|1|139115415
Property Match: APN
US Property MUI: 400306404

Building Information
Building Area Total: 2568.00
Building Area Source: Assessor
Year Built: 2009
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No

Financial

Tax Information
Special Taxing Entities: Yes
Tax Block: 1
Tax Legal Description: ACRES: 0.243, LOT: 1, BLK: 1, SUBD: KATELYNS
Tax Lot: 1
Unexempt Taxes: 6234

Financial Information
Buyer Financing: Conventional
Capitalization Rate: 7.08
Loan Type: Treat As Clear
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: Asphalt, City Sewer, City Water

Location

Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Occupancy Rate: 100
Gross Annual Income: 34500.00
Gross Annual Expenses: 6234.00
Insurance Expense: 1364
Net Operation Income: 28266
Operating Expense Includes: New Tax

HOA Information
Association Type: None

School Information
Elementary School: Rann
Elementary School Name: Rann
High School: Decatur
High School Name: Decatur
Middle Or Junior School: Decatur
Middle School Name: Decatur
School District: Decatur ISD

Location Information
County Or Parish: Wise
Country: United States
Directions: Use GPS. This listing is for 1 full duplex. See drone video in virtual tours.
Latitude: 33.23522400
Longitude: -97.60297900
Geocode Confidence: High
Complex Name: 1 of 4 Duplexes
Subdivision Name: Katelyns Korner

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,568
Stories: —
Lot Size: 10,585 square feet
Style: Other
Year Built: 2009
Year Renovated: —
County: Wise County
APN: 000000785412

Home facts updated by county records on Jun 18, 2026

Other

Documents & Disclosures
Doc Box Num Mls Documents: 7
Doc Box Num Private Documents: 0
Doc Box Num Public Documents: 0

Listing Information
DOCBOX GUID: 57D571E6-07CF-46EE-9773-303257497C99
Doc Box Modification Timestamp: 2022-03-07T17:00:19.103
Exclusions: Renters personal property.
Listing Agreement: Exclusive Right To Sell
Listing Id: 14760059
Listing Key Numeric: 164051886
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 22
Possession: Closing/Funding
Seller Contributions: 2000
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
URL Non Public 1: listing.fullpackagemedia.com/ut/Decatur_Portfolio.html

Listing Date Information
Days On Market: 23
Cumulative Days On Market: 23
Close Date: 2022-04-07
Purchase Contract Date: 2022-03-15
Listing Contract Date: 2022-02-16
Off Market Date: 2022-03-15
Status Change Timestamp: 2022-04-07T17:25:59.560

Listing Price Information
Original List Price: 399000.00
List Price: 399000.00
RATIO Close Price By Lot Size Ac: 1604938.27160
RATIO Current Price By Lot Size: 1604938.27160

Around this home

Schools
Places
Transit

Rann Elementary School

Public PreK-5 • Assigned • 0.7mi

5/10

McCarroll Middle School

Public 6-8 • Assigned • 1.0mi

6/10

Decatur High School

Public 9-12 • Assigned • 2.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Historic downtown brings classic Texas character with local shops, dining and the beautiful Wise County Courthouse at its center. Nearby, LBJ National Grasslands offers scenic trails, lakes and wide-open spaces for enjoying the outdoors.
6 days ago • Decatur
Julieanne Jones
Redfin Premier agent
259 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

9% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 108° expected this year, 20 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Decatur, TX • 76234

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Home values near 111 N Workman Rd

Data from public records.

Address	Redfin Estimate
101 N Workman Road, Decatur, TX - Beds \| 1 Baths \| 956 Sq. Ft.	$208,475
104 N Workman Road, Decatur, TX 6 Beds \| 4 Baths \| 2568 Sq. Ft.	$451,921

Address	Redfin Estimate
100 S Workman Road, Decatur, TX - Beds \| 1 Baths \| 1120 Sq. Ft.	$255,787
108 N Workman Road, Decatur, TX 6 Beds \| 4 Baths \| 2568 Sq. Ft.	$451,031

Address	Redfin Estimate
107 N Workman Road, Decatur, TX 6 Beds \| 4 Baths \| 2568 Sq. Ft.	—
112 N Workman Road, Decatur, TX 6 Beds \| 4 Baths \| 2568 Sq. Ft.	—

Property information provided by NTREIS when last listed in 2022. This data may not match . Learn more.

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