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$205,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 0.179 Acres
  • Updated 10 days ago
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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!

Full Property Details for 503 E Main St

General

  • Price: $205,000
  • Taxes: $3,671
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21376410
  • Updated: 9/26/2026
  • Added to Site: 34 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, High Speed Internet, Kitchen Island, Cable TV, Walk-In Closet(s)
  • Appliances: Electric Oven, Microwave
  • Flooring: Carpet, Engineered Hardwood, Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Kitchen

Exterior

  • Exterior Features: Private Yard
  • Porch/Patio/Deck: Front Porch, Patio, Covered

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Covered, Detached Carport, Driveway, On Site, On Street

Location

  • County: Wise
  • Subdivision: Dc & Eo Cates
  • Driving Directions: GPS

School Information

  • Elem School District: Decatur ISD
  • Midd School District: Decatur ISD
  • High School District: Decatur ISD
  • Middle School: Decatur
  • High School: Decatur

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Electricity Available, Electricity Connected, Sewer Available, Water Available, Cable Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Roof: Shingle
  • Stories/Levels: 1
  • Living Area: 1,410 Sq. Ft.
  • Year Built: 1930
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.179
  • Lot Size (Sq. Ft.): 7,797.24
  • Lot Size Source: Public Records
  • Frontage: All Weather Road
  • Fencing (Description): Chain Link, Fenced, Front Yard, Privacy

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $3,671
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT 4-6 BLK F DC & EO CATES ADDITION
  • Property ID: 755477
  • Block: F
  • Lot Number: 4

Listed by Parker Properties Real Estate, Keri Malone

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Listing agent

— 503 E Main St —

  • Keri Malone

    Parker Properties Real Estate

(940) 627-9040

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 E Main St

School District:Decatur Independent School District
NameGradesDistance
Young Elementary School
379 Buchanan Road, Decatur, TX 76234
PK-53.4 mi
Mccarroll Middle School
1201 West Thompson Street, Decatur, TX 76234
6-81.4 mi
Decatur High School
750 East Eagle Summit Drive, Decatur, TX 76234
9-121.3 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 503 E Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/22/2026
Price Reduced
$205,000
-8.89%
MLS
9/02/2026
Listed
$225,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 503 E Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,671
—
$200,520
-2%
2025
$3,671
9%
$205,190
7%
2023
$3,368
20%
$191,408
3%
2021
$2,798
—
$185,689
37%
2021
$2,798
—
$136,009
11%
2021
$2,798
10%
$122,590
13%
2020
$2,552
4%
$108,800
4%
2019
$2,456
22%
$104,730
29%
2018
$2,015
15%
$81,300
20%
2017
$1,752
5%
$67,750
5%
2016
$1,673
-1%
$64,440
-1%
2015
$1,687
5%
$65,230
3%
2014
$1,606
—
$63,090
-1%
2013
$1,614
—
$63,890
—
View All
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 for 503 E Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Parker Properties Real Estate, Keri Malone

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503 E Main Street, Decatur, TX 76234 (MLS# 21376410) is a Single Family property with 2 bedrooms and 1 full bathroom. 503 E Main Street is currently listed for $205,000 and was received on September 02, 2026. Want to learn more about 503 E Main Street? 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.

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