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Financing available

$320,000

201 S Cates Street, Decatur, TX 76234

3
beds
2.5
baths
1,710
sqft

Est. with seller financing: $2,466/mo

  • Single-family
  • Built in 2026
  • 4,352 sq ft lot
  • $187/sqft
  • Wise County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Don't miss out on the opportunity to own this beautifully crafted new construction home located in the heart of downtown Decatur. Estimated completion date is late October. This open-concept floorplan features 9 foot ceilings on the first floor, crown molding, floor outlets in the living room, flat-screen wiring, luxury vinyl plank flooring with carpet in the bedrooms, ceiling fans in all bedrooms and living room, a convenient first-floor powder bath, and a mud bench. The kitchen offers quartz countertops, 42 inch upper cabinets with soft close hinges, tile backsplash, vented exhaust fan above stove, and a Whirlpool appliance package including a range with air fryer and convection capabilities. Upstairs you’ll find spacious bedrooms with large closets, full bathroom with quartz countertop, 4 additional storage and linen closets, a convenient spacious laundry room, and a primary suite featuring a bathroom with dual sinks, quartz countertop, and a large walk-in closet. Built with energy efficiency in mind, this home includes LED lighting throughout, R-20 foam insulation in 2x6 exterior walls instead of 2x4, 20 inches of R-49 attic insulation, low-E windows, and a high efficiency 3 ton Daikin FIT HVAC system with variable-speed technology, humidity control, and a smart thermostat. The roof has 30 year architectural composition shingles. Enjoy outdoor living with covered front and back porches and a fully fenced backyard. As an added bonus, the home has an extended garage equipped with a built-in work bench with shelving, and 4 additional electrical outlets. This property is located in a USDA eligible area, giving qualified buyers the opportunity to purchase with no down payment! Contact the listing agent for preferred lender information and any incentives. Professional photos to come as it gets closer to completion.

Facts & features

Interior

Features

  • Eat In Kitchen
  • High Speed Internet
  • Open Floorplan
  • Pantry
  • Cable Tv
  • Walk In Closets
  • Wired For Sound

Heating & cooling

  • Heating: Central, Electric, Humidity Control
  • Cooling: Central Air, Ceiling Fans, Electric, Humidity Control

Flooring

  • Carpet
  • Luxury Vinyl Plank

Appliances

  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Disposal
  • Microwave
  • Vented Exhaust Fan

Laundry

  • Laundry In Utility Room

Exterior & lot

Features

  • Rain Gutters

Construction

  • Style: Craftsman, Detached
  • Stories: 2
  • Roof: Composition
  • Foundation: Slab

Parking

  • Garage spaces: 2
  • Concrete
  • Door Single
  • Driveway
  • Garage Faces Side

Lot

  • Corner Lot
  • Landscaped
  • Subdivision
  • Sprinkler System

Community

Neighborhood

  • Subdivision: Mrs E.O. Cates

Schools

  • District: Decatur ISD
  • Elementary: Carson
  • Middle: Decatur
  • High: Decatur

Financial & listing details

Listing

  • Price per sq ft: $187
  • County: Wise
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$2,466/mo

Principal & interest
$2,317/mo
Property taxes
Not available
Homeowners insurance (est.)
$149/mo
Loan amount
$288,000
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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Listing courtesy of Monica Spence, Spence Real Estate Group LLC · MLS #21384323 · 817-235-9681

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. MLS status: Active (available for sale). Information is deemed reliable but not guaranteed and should be independently verified. NTREIS data is for viewing on this site only and may not be reproduced or redistributed. Last updated Oct 9, 2026.

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