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Property Description
Discover an affordable opportunity to enjoy the airpark lifestyle in the desirable Heritage Creek community near Decatur. Situated on a scenic 3-acre runway lot, this 3-bedroom, 2-bath home features two dining areas, a 2-car garage, and a private water well. The community's 3,000-foot public-use turf runway offers the convenience of flying from home, with plenty of room to build your own airplane hangar directly on the runway. Horses are also permitted, making this an ideal property for aviation enthusiasts seeking space and flexibility. Conveniently located just 45 minutes from DFW International Airport and the Dallas-Fort Worth Metroplex, this property combines peaceful country living with easy access to the city.
Full Property Details
Full Property Details for 340 Red Baron Dr
General
- Price: $495,000
- Taxes: $4,647
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21340156
- Updated: 7/24/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Boat, RV Access/Parking
Location
- County: Wise
- Subdivision: Heritage Creek Estates Sec 4
- Driving Directions: Use a GPS for the most accurate driving directions.
School Information
- Elem School District: Decatur ISD
- Midd School District: Decatur ISD
- High School District: Decatur ISD
- Elementary School: Carson
- Middle School: Decatur
- High School: Decatur
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Utility Description: Septic Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,847 Sq. Ft.
- Year Built: 2001
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Features: Back Yard, Lawn, Subdivision
- Trees/Vegetation: Grassed
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,647
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 29R2 BLK B HERITAGE CREEK ESTATES PH 4
- Property ID: 775154
- Block: B
- Lot Number: 29
Listed by AirSpace, Steven Bloomquist
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Schools
Schools serving 340 Red Baron Dr
School District:Decatur Independent School District
| Name | Grades | Distance |
|---|---|---|
Carson Elementary School 2100 Business 81/287 S, Decatur, TX 76234 | PK-5 | 6 mi |
Mccarroll Middle School 1201 West Thompson Street, Decatur, TX 76234 | 6-8 | 7.7 mi |
Decatur High School 750 East Eagle Summit Drive, Decatur, TX 76234 | 9-12 | 6.3 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 340 Red Baron Dr
Date
Details
Price
Change
Source
7/23/2026
Listed
$495,000
—
MLS
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
Tax History for 340 Red Baron Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,265
-38%
$139,182
4%
2021
$2,041
—
$133,825
-11%
2021
$2,041
—
$149,756
18%
2021
$2,041
—
$127,330
—
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 340 Red Baron Dr
340 Red Baron Drive, Rhome, TX 76078 (MLS# 21340156) is a Single Family property with 3 bedrooms and 2 full bathrooms. 340 Red Baron Drive is currently listed for $495,000 and was received on July 23, 2026. Want to learn more about 340 Red Baron Drive? Do you have questions about finding other Single Family real estate for sale in Rhome? You can browse all Rhome real estate or contact a Coldwell Banker agent to request more information.

