See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

1502 S College Ave, Decatur, TX, 76234

1beds
1baths
576sqft
$148,000
$257price/sqft
$1,296/moest. monthly cost
$51,840/yrincome needed

About This Home

Welcome to this charming one bedroom, one bathroom home conveniently located in Decatur. Just minutes from Decatur High School, local shopping, dining, and all the amenities the town has to offer, this home combines comfort with an unbeatable location.Inside, you'll find a cozy and inviting layout that makes the most of every square foot. Whether you're looking for your very first home, hoping to downsize, or searching for a fantastic investment opportunity, this property offers endless potential.Step outside to enjoy the spacious, fully fenced backyard, providing the perfect place for pets to play, outdoor entertaining, gardening, or creating your own private retreat. With plenty of room to personalize, the backyard is ready to become your favorite place to relax.This home is full of charm and offers an affordable opportunity to own property in a desirable area of Decatur. Whether you're looking to move in, add to your rental portfolio, or make it your own with a few personal touches, this home is one you won't want to miss. Schedule your showing today before it's gone!All information is deemed reliable but not guaranteed - Buyer and or Buyer's agent to verify all information within the listing included but not limited to square footage and schools.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

8/10
Young Elementary SchoolGrades PK-52.7 mi
6/10
McCarroll Middle SchoolGrades 6-81.0 mi
5/10
Decatur High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop
  • Laundry features: Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Ceiling Fan(s),Electric

Features

  • Built-in Features
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl Plank,Vinyl

Interior Area

  • Total interior livable area: 576 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 756817

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Back Yard,Wood
  • Residential vegetation: Cleared,Grassed

Lot

  • Lot size: 7,927 sqft
  • Features: Back Yard,Cleared,Interior Lot,Lawn

Parking

  • Parking features: Concrete,Driveway,No Garage,Off Street,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $748$8,976
Home Insurance *$100$1,200
Property Taxes $210$2,520
Electricity $238$2,859
Total$1,296$15,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,434/yr
40% on housing$38,880/yr
45% on housing$34,560/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 76234$216
Wise County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 76234$202
Wise County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$148,000
2016-10-31Sold--

For Sale by Agent

AgentKassity Cannon
BrokerageCannon Property Management & Cannon Realty, LLC

Similar Homes