NOT LISTED FOR SALE

111 N Workman Rd Decatur, TX 76234

6 Beds
4 Baths
2,568 Sq Ft
10,585 Sq Ft Lot

Last Sold April 07, 2022

27 Days on Market

About This Home

As of April 2022

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.

Last Agent to Sell the Property

Jeanie Cline

AirSpace License #0670223 Listed on: 02/16/2022

Last Buyer's Agent

Rob Lee

Airborne Realty License #0683640

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 10,585 Sq Ft Lot
  • Subdivision Possible

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Rann Elementary School
  • Decatur Middle School
  • Decatur High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2,568 Sq Ft Building
  • Located in the 1 of 6 full duplexes master-planned community
  • Katelyns Korner Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number D1300010100
  • $6,234 per year unexempt tax
  • Special Tax Authority

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Planned Development: 1 of 6 full duplexes
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 28266
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 151.86916
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Square Footage: 2568.00
  • Interior Amenities: Cable TV Available
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Assigned
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: 1 of 4 Duplexes
  • Association Type: None

Schools

  • School District: Decatur ISD
  • Elementary School: Rann
  • High School: Decatur

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.2430
  • Parcel Number: D1300010100
  • Lot Size Acres: 0.2430
  • Lot Size Sq Ft: 10585.0800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2009
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 6234.00
  • Gross Annual Income: 34500.00
  • Insurance Expense: 1364
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 6234
  • Special Taxing Entities: Yes
  • TaxBlock: 1
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Decatur
  • Middle School Name: Decatur
  • Elementary School Name: Rann
  • High School Name: Decatur

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold -- -- --
03/15/2022 03/15/22 Pending -- -- --
02/21/2022 02/21/22 Rented $1,500 0.0% --
02/20/2022 02/20/22 For Rent $1,500 0.0% --
02/16/2022 02/16/22 For Sale $399,000 -- $155 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14760059

North Texas Real Estate Information Systems (NTREIS)