This is a rare opportunity to own a significant number of the duplexes in town. Located in the fast growing, semi-rural town of Decatur, TX. 15 Minutes west of Denton. 40 Minutes due north of Fort Worth. All duplexes are 100% Leased and many have waitlists. Duplexes have been very well maintained. Major Improvements include new HVAC, roof and flooring improvements on several units. All Decatur Duplexes are 3 Bed, 2 Bath, Addresses: All other duplexes in Decatur are under contract. Seller has an additional 6 duplexes, 12 units in Bridgeport, TX for sale. All Bridgeport duplexes are under contract. Rent Rolls provided upon request. Please drive by units, but do not disturb tenants.
*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
1
Lot width
—
Lot depth
—
Lot size
8,407 Sq. Ft.
Year renovated
—
Sq. Ft.
2,568
Year built
2003
Style
Other
County
Wise County
APN
D3600.0001.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2024.
2F
Two-Family Residential District
The 2F, Two-Family Residential District is intended to provide for the development of primarily duplex style two-family housing, as well as some townhomes and single family dwellings
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
Carport Spaces: 0
Covered Spaces: 0
Number Of Parking Spaces: 2
Parking Features: Driveway
Parking & Garage
Garage Spaces: 0
Interior
Bathroom Information
Bathrooms Full: 4
Bedroom Information
Bedrooms Total: 6
Heating & Cooling
Cooling: Electric
Heating: Electric
Interior Features
Appliances: Disposal, Electric Cooktop, Electric Water Heater
Utilities: All Weather Road, Asphalt, City Sewer, City Water
Location
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Occupancy Rate: 100
Gross Annual Income: 31800.00
Gross Annual Expenses: 1032.00
Insurance Expense: 1429
Net Operation Income: 30768
HOA Information
Association Type: None
School Information
Elementary School Name: Young
High School Name: Decatur
Middle School Name: Decatur
School District: Decatur ISD
Location Information
County Or Parish: Wise
Country: United States
Directions: Use GPS
Latitude: 33.23559800
Longitude: -97.60255900
Geocode Confidence: High
Complex Name: Portfolio of Duplexes
Subdivision Name: Wester Ridge Ph1
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,568
Stories: 1.0
Lot Size: 8,407 square feet
Style: Other
Year Built: 2003
Year Renovated: —
County: Wise County
APN: D3600.0001.00
Home facts updated by county records on Aug 28, 2024
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Listing Agreement: Exclusive Right To Sell
Listing Id: 20027977
Listing Key Numeric: 414877418
Mls Status: Closed
Previous Status: Active
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 18
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 0
Cumulative Days On Market: 0
Close Date: 2022-04-05
Purchase Contract Date: 2022-04-05
Listing Contract Date: 2022-04-05
Off Market Date: 2022-04-05
Status Change Timestamp: 2022-04-07T17:56:40.757
Listing Price Information
Original List Price: 399000.00
List Price: 399000.00
RATIO Close Price By Lot Size Ac: 2072538.86010
RATIO Current Price By Lot Size: 2072538.86010
Around this home
Schools
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.