$475,000
●
House -
Off Market
401 Brookview Drive
Decatur, TX 76234
3 Beds
2 Baths
2,407 Ft²
$2,431
Est. Monthly
About This Property
MOTIVATED SELLER Welcome to this inviting three-bed, two-bath brick
home situated in the well established Brookhollow neighborhood of
Decatur. Nestled on an expansive nearly half-acre lot, this
property offers ample space both inside and out. Step inside to
discover an open floor plan that seamlessly connects the living,
dining, and kitchen areas, perfect for modern living and
entertaining. All the bedrooms are a great size and offer a
tranquil space to retreat to. The galley kitchen is a chef's
delight, featuring granite countertops and plenty of cabinet and
counter space.The finished basement, complete with a storm shelter,
provides additional living space and peace of mind. BONUS, whole
house generator on the home STAYS with the property. You'll also
find a spacious 20 x 30 shop, ideal for hobbies, additional
parking, and RV storage. The built-in attic is finished and offers
potential for further expansion. Don't miss the opportunity to make
this delightful property your new home. Schedule a showing today!
Unit Size
2,407 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 14 days ago (NTREIS #20846258)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Tomie Fox Real Estate Group | $495,000 | |
| Listed by Tomie Fox Real Estate Group | |||
| | |||
|
MOTIVATED SELLER Welcome to this inviting three-bed, two-bath brick home situated in the well established Brookhollow neighborhood of Decatur. Nestled on an expansive nearly half-acre lot, this property offers ample space both inside and out. Step inside to discover an open floor plan that seamlessly connects the living, dining, and kitchen areas, perfect for modern living and entertaining. All the bedrooms are a great size and offer a tranquil space to retreat to. The galley kitchen is a chef's delight, featuring granite countertops and plenty of cabinet and counter space.The finished basement, complete with a storm shelter, provides additional living space and peace of mind. BONUS, whole house generator on the home STAYS with the property. You'll also find a spacious 20 x 30 shop, ideal for hobbies, additional parking, and RV storage. The built-in attic is finished and offers potential for further expansion. Don't miss the opportunity to make this delightful property your new home. Schedule a showing today!
| |||
| Jan 12, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 10, 2024 | Price Decreased |
$499,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Decatur
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Listed by: Tomie Fox, Tomie Fox Real Estate Group
Last Updated: 14 days ago
Data Source: NTREIS MLS, MLS# 20846258
Details provided by NTREIS and may not match the public record
Last Updated: 14 days ago
Data Source: NTREIS MLS, MLS# 20846258
Details provided by NTREIS and may not match the public record
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