This adorable commercial or residential space has 2-bedroom, 1-bathroom home with a large flex room in Decatur offers charm, flexibility, and plenty of potential! Whether you’re a first-time homebuyer, investor, downsizer, or entrepreneur looking for a property with additional possibilities, this home is worth a look.
The fully fenced backyard provides a great space for pets, entertaining, gardening, or simply relaxing outdoors. Just off the kitchen, the large flex space adds even more versatility and could easily be transformed into a workout room, man cave, she shed, home office, playroom, hobby space, additional living area, or creative studio.
Adding to the property's appeal is its C-2 zoning, which allows for potential residential or commercial use. Depending on the buyer’s needs and permitted uses, the layout could lend itself to a real estate office, professional office, small gym or fitness studio, salon, consulting space, photography or art studio, or other business use. The two bedrooms could also work well as private offices, consultation rooms, or additional living space. Buyers are encouraged to review the attached zoning guidelines and verify their intended use with the appropriate authorities.
Location is a major plus! The home is just 4 blocks from downtown Decatur, where you can enjoy local restaurants, occasional live music, entertainment, and the beautiful historic courthouse.
With easy highway access, you’re approximately 35 minutes from Denton, Southlake, and the Fort Worth area, making this a great opportunity for those who want small-town charm with convenient access to surrounding communities.
Come see all the potential this adorable Decatur property has to offer!
For sale
Price increase: $25K (9/2)
$225,000
503 E Main St, Decatur, TX 76234
2beds
1,410sqft
Single Family Residence
Built in 1930
7,797 Square Feet Lot
$218,400 Zestimate®
$160/sqft
$-- HOA
What's special
Large flex roomFully fenced backyardJust off the kitchen
- 8 days
- 106
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keri Malone 0719411 (940)627-9040,
Parker Properties Real Estate 940-627-9040
Source: NTREIS,MLS#: 21376410
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10 x 13
Bedroom
- Level: First
- Dimensions: 13 x 13
Bonus room
- Level: First
- Dimensions: 16 x 14
Dining room
- Level: First
- Dimensions: 7 x 9
Kitchen
- Level: First
- Dimensions: 17 x 19
Living room
- Level: First
- Dimensions: 13 x 14
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Microwave
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Kitchen
Features
- Eat-in Kitchen, High Speed Internet, Kitchen Island, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Engineered Hardwood, Linoleum
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,410 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Detached Carport, Driveway, On Site, On Street
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Covered
- Exterior features: Private Yard
- Pool features: None
- Fencing: Chain Link,Fenced,Front Yard,Privacy
Lot
- Size: 7,797 Square Feet
Details
- Parcel number: 755477
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Resale
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Dc & Eo Cates
HOA
- Has HOA: No
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $205,190
- Annual tax amount: $3,671
- Date on market: 9/2/2026
- Cumulative days on market: 13 days
- Listing terms: Cash,Conventional
Estimated market value
$218,400
$207,000 - $229,000
$1,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $225,000+12.5%$160/sqft |
Source: NTREIS #21376410 Report a problem | ||
| 8/29/2026 | Listed for sale | $200,000+54.4%$142/sqft |
Source: NTREIS #21371461 Report a problem | ||
| 4/11/2019 | Listing removed | $129,500$92/sqft |
Source: TRINITY REALTY #14020776 Report a problem | ||
| 2/11/2019 | Listed for sale | $129,500$92/sqft |
Source: TRINITY REALTY #14020776 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,671 +5.4% | $205,190 +7.2% |
| 2024 | $3,484 +3.4% | $191,408 +3.1% |
| 2023 | $3,368 | $185,689 +36.5% |
| 2022 | -- | $136,009 +10.9% |
| 2021 | $2,798 +12.7% | $122,590 +12.7% |
| 2020 | $2,483 -4.3% | $108,800 +3.9% |
| 2019 | $2,596 +28.8% | $104,730 +28.8% |
| 2018 | $2,015 +201.5% | $81,300 +20% |
| 2017 | $668 | $67,750 +5.1% |
| 2016 | -- | $64,440 -1.2% |
| 2015 | -- | $65,230 +3.4% |
| 2014 | -- | $63,090 -1.3% |
| 2013 | -- | $63,890 -3.1% |
| 2012 | -- | $65,910 -7% |
| 2011 | -- | $70,840 +0.2% |
| 2010 | -- | $70,690 -5.5% |
| 2009 | -- | $74,830 |
| 2008 | -- | $74,830 +19.9% |
| 2007 | -- | $62,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76234
Nearby schools
Schools provided by the listing agent
- Middle: Decatur
- High: Decatur
- District: Decatur ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




