506 E Main St
Description
506 E. Main 2 bed 1 bath, floors refinished and new windows in 2023. New hvac in 2019.There are three properties that will be sold together. 502 E. Main is 2 bed 1bath, was remolded in 2014 and a new roof this month. It is tenant occupied until July 2026. 504 Main is a vacant lot.
506 E. Main 2 bed 1 bath, floors refinished and new windows in 2023. New hvac in 2019.
- Listed by Michelle Payton • TREC #0333954 • Southwest Real Estate • 817-485-8118
Property Details for 506 East Main Street
Property Details for 506 East Main Street
| Status | Active |
|---|---|
| MLS # | 21087094 |
| Days on Market | 67 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multiple Single Units |
| Year Built | 1930 |
| Lot Size | 0.14 AC / 6,011 SF |
| County | Wise County |
Location
Building Information for 506 East Main Street
Payment Calculator
$2,088 per month
30 year fixed, 6.28% Interest
$1,902
$186
$0
Property Information for 506 East Main Street
- Block: H
- Complex Name: none
- Directions: GPS
- Elementary School: Carson
- Elementary School Name: Carson
- High School: Decatur
- High School Name: Decatur
- Intermediate School: Decatur
- Middle School: Mccarroll
- Senior Community Yes/No: No
- Year Built Details: Preowned
- School District: Decatur ISD
- Geocode Confidence: High
- Latitude: 33.23
- Longitude: -97.58
- State: Texas
- Parking Features: Additional Parking
- Carport Spaces: 1
- Attached Garage: No
- Parking Spaces Covered Total: 1
- Garage: No
- Tax Legal Description: LOT 16 & 17 BLK H DC & EO CATES ADDITION
- Association Type: None
- Special Taxing Entities: No
- Tax Lot: 16
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/21087094
- Fireplaces Total: 0
- Flooring: Hardwood, Tile, Vinyl
- Heating: Central, Electric
- Interior Features: High Speed Internet Available
- Appliances: Dishwasher, Electric Range, Electric Water Heater
- Cooling: Central Air
- Living Area: 2009.0
- Smart Home Features Appor Pass Y: No
- Window Features: Window Coverings
- Building Area Source: Assessor
- Construction Materials: Wood
- Fencing: Chain Link, Wood
- Foundation Details: Other
- Number Of Stories: 1
- Roof: Composition
- Waterfront: No
- Number Of Units Total: 2
- Levels: One
- Utilities: City Sewer, City Water, Individual Water Meter
- Accessory Unit: No
- Exclusions: trampoline
- Financing Proposed: 1031 Exchange, Cash, Conventional
- Concessions YN: No
- Handicap: No
- Loan Type: Treat As Clear
- Security Features: Smoke Detector(s)
- Property Match: APN
- Lot Size Acres: 0.138
- Lot Size Area: 0.138
- Lot Size Source: Assessor
- Lot Size Units: Acres
- Lot Size Square Feet: 6011.28
- Multi Parcel ID: Yes
- Parcel Number: 755490
- Parcel Number 2: 755491, 755492
- Number Of Buildings: 2
- Capitalization Rate: 6.01%
- Gross Annual Expenses: $8,057
- Gross Annual Income: $31,200
- Insurance Expense: $3,054
- Tenancy: Over 9 Months
- Total Annual Expenses Include: Insurance, Other
- Net Operation Income: $23,143.00
- Approximate SQFT: 929.0
- Average Lease Amount: $1,250.00
- Dining Area Length: 10.0
- Dining Area Width: 8.0
- Kitchen Length: 10.0
- Kitchen Width: 9.0
- Living Area Length: 20.0
- Living Area Width: 11.0
- Master Bed Length: 9.0
- Master Bed Width: 11.0
- Number Of Baths Full: 1
- Unit Type Type: 2 Bedroom
- Unit Type Units Total: 1
- Approximate SQFT: 1080.0
- Average Lease Amount: $1,350.00
- Dining Area Length: 14.0
- Dining Area Width: 11.0
- Kitchen Length: 10.0
- Kitchen Width: 13.0
- Living Area Length: 21.0
- Living Area Width: 11.0
- Master Bed Length: 13.0
- Master Bed Width: 11.0
- Number Of Baths Full: 1
- Number Of Baths Half: 0
- Unit Type Type: 2 Bedroom
- Unit Type Units Total: 1
Property History for 506 East Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 18, 2025 | Price Change NTREIS #21087094 | $385,000 | — |
| Dec 4, 2025 | Price Change NTREIS #21087094 | $390,000 | — |
| Nov 21, 2025 | Price Change NTREIS #21087094 | $394,000 | — |
| Oct 24, 2025 | Listed (Active) NTREIS #21087094 | $395,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/18/2025 | Price Change NTREIS #21087094 | $385,000 |
| 12/04/2025 | Price Change NTREIS #21087094 | $390,000 |
| 11/21/2025 | Price Change NTREIS #21087094 | $394,000 |
| 10/24/2025 | Listed (Active) NTREIS #21087094 | $395,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 506 East Main Street
Schools near 506 East Main Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 4 |
Rating | School | Distance |
|---|---|---|
Carson Elementary School PublicPK to 5 | ||
Mccarroll Middle School Public6 to 8 | ||
Decatur High School Public9 to 12 | ||
STEM Academy at Enis Elementary School PublicK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Southwest Real Estate, Michelle Payton
The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/24/2025 01:24 PM
