303 Mesa Ridge
About This Property
303 Mesa Ridge, Decatur, TX 76234 Charming 4 bedroom, 2 bath manufactured home on a spacious 2.84 acre lot, built in 2022.
This modern 2,176 sq ft home offers an inviting open concept layout perfect for comfortable living and entertaining. The large kitchen features a generous island and walk-in pantry, making meal prep a breeze.
Two living areas provide flexible space one with a beautiful fireplace for cozy gatherings. The primary suite boasts a spacious bedroom and large walk-in closet, while the ensuite bathroom includes a relaxing soak tub and double vanity. The three additional bedrooms offer plenty of room for family, guests, or a home office. This property combines the privacy and space of country living with modern comforts. Ideal for families seeking room to roam without sacrificing convenience. Whether you're looking for a primary residence or a peaceful retreat, this home delivers excellent value.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by Trinity Country Real Estate | $330,000 | |
| Listed by Trinity Country Real Estate | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017