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302 S Lane St, Decatur, TX, 76234

2beds
1baths
950sqft
$125,000
$132price/sqft
$1,132/moest. monthly cost
$45,280/yrincome needed

About This Home

Calling all investors! This property's location makes it highly desirable for both tenants and-or buyers. It is located within walking distance to historical Decatur town square and only a few minutes drive from HWY 380. With some TLC, this property could be a great investment. Schedule your showing and come see it for yourself today.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
Young Elementary SchoolGrades PK-53.1 mi
6/10
McCarroll Middle SchoolGrades 6-81.0 mi
5/10
Decatur High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1940

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Other
  • Number of fireplaces: 1
  • Fireplace features: Masonry,None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 950 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 757024

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: None

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 $632$7,584
Home Insurance *$85$1,020
Property Taxes $177$2,124
Electricity $238$2,859
Total$1,132$13,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,811/yr
40% on housing$33,960/yr
45% on housing$30,186/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

$132This 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)

No zestimate history available

Price History

DateEventPrice
2026-06-05Listed for sale$125,000
2026-04-24Pending sale$125,000
2026-03-13Listed for sale$125,000
2024-05-24Sold--
2024-05-13Pending sale$110,000
2024-03-20Listed for sale$110,000
2024-01-25Listing removed--
2024-01-09Price change$105,000
2023-11-03Listed for sale$110,000
2023-09-01Listing removed--
2023-05-17Price change$129,900
2023-05-11Listed for sale$149,900

For Sale by Agent

AgentNun Aguilar
BrokerageDwellinc, LLC

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