See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

407 N Lane St, Decatur, TX, 76234

2beds
1baths
1,244sqft
$179,000
$144price/sqft
$1,342/moest. monthly cost
$53,680/yrincome needed

About This Home

If you are looking for a property with a great location to the Decatur Square, this is the one. This vintage home sets on a extra-large lot. New flooring has been installed in the primary bedroom, living room and kitchen. Large trees in the front yard and a large back yard. Investors take a look at this vintage home setting on an extra large lot. Property -SELLS AS IS, WHERE IS-. Contact SHOWING TIME to schedule an appointment.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

8/10
Young Elementary SchoolGrades PK-53.4 mi
6/10
McCarroll Middle SchoolGrades 6-81.3 mi
5/10
Decatur High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,In Kitchen

Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Dimensions: 16 x 15

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Paneling/Wainscoting,Walk-In Closet(s)
  • Flooring: Carpet,Laminate,Linoleum,Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 1,244 sqft

Kitchen

  • Features: Built-in Features
  • Level: First
  • Dimensions: 14 x 16

Living Room

  • Level: First
  • Dimensions: 14 x 18

Master Bathroom

  • Features: Closet Cabinetry
  • Level: First
  • Dimensions: 12 x 5

Master Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Dimensions: 16 x 15

Workshop

  • Level: First
  • Dimensions: 20 x 37

Workshop

  • Level: First
  • Dimensions: 20 x 16

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 757187

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Storage
  • Fencing: Back Yard,Wood,Wire

Lot

  • Lot size: 0.39 Acres
  • Features: Acreage

Parking

  • Total spaces: 2
  • Parking features: Covered,Detached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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 $905$10,860
Home Insurance *$121$1,452
Property Taxes $78$936
Electricity $238$2,859
Total$1,342$16,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,011/yr
40% on housing$40,260/yr
45% on housing$35,786/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

$144This 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
2026-05-14Contingent$199,999
2026-04-24Price change$199,999
2026-03-09Price change$205,000
2025-12-04Price change$218,000
2025-10-27Price change$232,500
2025-09-21Listed for sale$235,000
2013-03-26Sold--
2012-12-01Listed for sale$73,500
2008-12-30Sold--

For Sale by Agent

AgentLeslie Vann
BrokerageParker Properties Real Estate

Similar Homes