Date
Details
Price
Change
Source
5/18/2026
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Luxury Texas aviation estate with private aircraft hangar and direct runway access, offering the ultimate fly-in lifestyle on 2.41 acres in Decatur. Located within an exclusive residential airpark community, this property allows aviation enthusiasts to keep their airplane at home and fly directly from their backyard via the community's 2,300-foot lighted grass runway shared by only 12 property owners. This custom home offers 3,087 square feet of well designed living space with an open floorplan filled with natural light. The spacious living room features vaulted ceilings, custom built-ins, and a striking fireplace, flowing into the dining area and beautifully appointed kitchen with custom cabinetry, oversized island with Ukrainian granite, dual sinks, stainless steel appliances, large walk-in pantry, and reverse osmosis filtration system. The private primary suite features patio access, tray ceiling, and a spa-inspired bath with dual vanities, jetted tub, separate shower, and heated travertine flooring. Two additional bedrooms and bath are downstairs, while the oversized upstairs fourth bedroom includes historic wood flooring, built-ins, and ensuite bath. A mud area and oversized utility room with sink and cabinetry add functionality. Outdoor living includes a covered patio with expansive views, outdoor kitchen, stone fireplace, and a resort-style pool and spa completed in 2024. Recent updates include paint, countertops, trim, lighting, new well pump, water filtration system, new HVAC systems within the past 24 months, cell booster, and WiFi relay throughout the property. The fully insulated all-steel hangar boasts approximately 55' x 52', a 39' wide by 13' tall rolling aircraft door, epoxy flooring, full bath, climate-controlled tool room, office or man cave space, RV access door, 50-amp RV outlet, RV sewer dump, and direct taxi access to the runway. Rare opportunity for luxury living and private aviation convenience in one extraordinary Texas airpark property.
Full Property Details
Full Property Details for 492 Co Rd 4387
General
- Price: $1,299,900
- HOA FEE: $45/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $11,860
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21259140
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas Log, Living Room, Outside
- Appliances: Some Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan, Water Purifier
- Flooring: Concrete, Ceramic Tile, Luxury Vinyl Plank, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: In Ground, Pool, Pool Sweep
- Spa: Yes
- Spa Description: Hot Tub
- Security/Safety: Smoke Detector(s)
- Equipment: Irrigation Equipment, DC Well Pump
Exterior
- Exterior Features: Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, RV Hookup
- Porch/Patio/Deck: Rear Porch, Deck, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Concrete, Driveway, Epoxy Flooring, Garage, Garage Door Opener, Gravel, Oversized, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Wise
- Subdivision: Flatbush Estates
- Driving Directions: Use GPS for the most accurate directions.
School Information
- Elem School District: Paradise ISD
- Midd School District: Paradise ISD
- High School District: Paradise ISD
- Elementary School: Paradise
- Middle School: Paradise
- High School: Paradise
Community
- Association: Yes
- Assoc. Name: Flatbush Estates HOA
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Propane, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Shutters, Window Coverings
- Stories/Levels: 2
- Living Area: 3,097 Sq. Ft.
- Year Built: 2007
Additional Structures
- Other Structures: Airplane Hangar, Workshop
Lot Features
- Lot Size (Acres): 2.41
- Lot Size (Sq. Ft.): 104,979.6
- Lot Size Source: Assessor
- Lot Features: Acreage, Back Yard, Interior Lot, Lawn, Landscaped, Subdivision, Sprinkler System
Green Features
- Energy Efficient: Appliances, Insulation, Windows
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $270
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $11,860
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: LOT 2 BLK 1 FLATBUSH ESTATES
- Exclusions: None.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 783147
- Block: 1
- Lot Number: 2
Listed by Allie Beth Allman & Associates, Wynne Moore and Allie Beth Allman & Associates, Perry Moore
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 492 Co Rd 4387 —
Wynne Moore
Allie Beth Allman & Associates
Perry Moore
Allie Beth Allman & Associates
817-781-7060
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 492 Co Rd 4387
School District:Paradise Independent School District
| Name | Grades | Distance |
|---|---|---|
Paradise Elementary School 338 School House Road, Paradise, TX 76073 | PK-3 | 4.9 mi |
Paradise Intermediate School 338 School House Road, Paradise, TX 76073 | 4-5 | 4.9 mi |
Paradise Middle School 338 School House Road, Paradise, TX 76073 | 6-8 | 4.9 mi |
Paradise High School 338 School House Road, Paradise, TX 76073 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 492 Co Rd 4387
Tax History
Tax History for 492 Co Rd 4387
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,435
36%
$794,183
21%
2021
$8,387
—
$658,577
10%
2021
$8,387
—
$598,706
10%
2021
$8,387
8%
$544,280
8%
2020
$7,789
19%
$505,680
29%
2019
$6,572
-1%
$392,750
4%
2018
$6,646
8%
$379,020
9%
2017
$6,163
9%
$347,180
9%
2016
$5,647
-1%
$318,130
-1%
2015
$5,696
7%
$320,920
7%
2014
$5,321
—
$299,780
4%
2013
$5,345
—
$288,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 492 Co Rd 4387
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492 County Road 4387, Decatur, TX 76234 (MLS# 21259140) is a Single Family property with 4 bedrooms and 3 full bathrooms. 492 County Road 4387 is currently listed for $1,299,900 and was received on May 18, 2026. Want to learn more about 492 County Road 4387? Do you have questions about finding other Single Family real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.