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    506 E Main St Decatur, TX 76234

    New
    For Sale
    $390,000

    Multiple Single Units - Decatur, TX

    Property size:
    2,009 SF
    Lot size:
    0.14 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 506 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    755490
    Parking
    6
    Interior features
    High Speed Internet Available
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Washer
    Size
    2,009 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Floors in Building
    1
    Flooring type
    Hardwood, Tile, Vinyl
    Roof type
    Composition
    Architectural style
    Other

    (817) 485-8118

    Listing agent Michelle Payton (817) 821-4439 License #0333954

    Listing date Dec 4, 2025

    MLS# 21087094 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur, TX Multiple Unit Property

    This offering includes three properties to be sold together. One property, located at 502 E. Main, features two bedrooms and one bathroom. It was remodeled in 2014 and received a new roof this month. This unit is tenant occupied until July 2026. The second property, located at 506 E. Main, contains two bedrooms and one bathroom, with refinished floors and new windows installed in 2023, and a new HVAC system installed in 2019. The third property is a vacant lot located at 504 Main. The combined lot size is 0.138 acres. The property is located in Decatur, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.581285
    Latitude
    33.233818

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    FAQs

    What type of property is this?
    Single family property - Three properties sold together in Decatur, Texas.
    Where is this single family property located?
    The property is located at 506 E Main St Decatur, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Three properties included: remodeled 2-bed, 1-bath house, vacant lot, and updated 2-bed, 1-bath house.; - 502 E. Main features a new roof (this month) and was remodeled in 2014.; - 506 E. Main: refinished floors and new windows (2023).
    (817) 821-4439
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    506 E Main St Decatur, TX 76234
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    Decatur, TX 76234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 E Main St Decatur, TX 76234
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