Last 24 Hours
$450,000
806 N Cates Street, Decatur, TX, 76234
On Market
Just Added
6 Beds
6 Bath
2,200 Sq Ft
Single Family Residence
$204.55 / sqft
Built in 2026Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 6
Bathrooms 6AppliancesDishwasher, Electric Oven, Disposal
Exterior
Lot Size7,579 sqft
Building Information
Garage Spaces2
Land Information
APND2260.0028.00
Lot Number1
SubdivisionParkview Addition
Land UseResidential
Legal DescriptionLOT 1 BLK 4 PARKVIEW ADDITION
Census Tract150202
Assessed Land Value$62,219
Assessment Year2025
About this property
New Construction: Completion set for August 2026. Full Duplex boasting 3 bedrooms, 2 and half bath and 2 car garage for each side. Property highlights include 9 foot ceilings throughout, tall kitchen cabinets, stainless steel appliances, recessed lighting, plank floors down and upgraded carpet and pad up. Quartz Countertops in both kitchen and bathrooms walk in shower with by directional shower door. Dual sink in Masters, this is property is a rare opportunity to buy a full duplex.
Investor Tools
$295,660Estimated Mortgage Balance
$150,340Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$826
$62,219
2025
$62,219
N/A
$62,219
No
Tax History
Year
Tax Paid
Assessed Value
2024
$826
$62,219
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Building Or Construction Loan
$301,420
No
First
Sep 5, 2025
Oct 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,660
$150,340
33%
66%
$1,808/mo
12.4%