492 County Road 4387

Decatur, TX
$ 1,299,900 Beds 4 Baths 3 Sq 3,097 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,299,900
  • City
  • Decatur
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • WISE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 2.41 Acres
  • Zip
  • 76234
  • Sqr Footage
  • 3,097
  • Year Built
  • 2007
  • Taxes
  • $ 11860
  • Style
  • Traditional
  • MLS#
  • 21259140
Listed By: Allie Beth Allman & Associates
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Propane
Cooling Ceiling Fan(s),Central Air
Utilities Asphalt,Electricity Connected,Outside City Limits,Propane,Septic,Well
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Electric Oven,Gas Cooktop,Gas Water Heater,Ice Maker,Microwave,Plumbed For Gas in Kitchen,Tankless Water Heater,Vented Exhaust Fan,Water Filter,Water Purifier
Assoc Fees 270
Number of Garage Spaces 2
Restrictions Deed,Development
School District Paradise ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N Yes
Exclusions None.
Year Built 2007
Architectural Style Traditional
Community Features Airport/Runway
Levels Two
Unexempt Taxes 11860
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Flatbush Estates
Transaction Type For Sale
Occupant Type Owner
County Wise
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Brick,Siding
Association Fee Frequency Semi-Annual
Year Built Details Preowned
Accessory Unit Type Other
Accessory Unit Y/N Yes
HOA Type Mandatory
Green Energy Efficient Appliances,Insulation,Windows
Special Notes Aerial Photo
Full Baths 3
Status Active
Directions Use GPS for the most accurate directions.
City Decatur
Other Equipment DC Well Pump,Irrigation Equipment
Elementary School Name Paradise
High School Paradise
Elementary School Paradise
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21259140
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Built-in Features,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,In-Law Suite Floorplan,Kitchen Island,Natural Woodwork,Open Floorp
Flooring Ceramic Tile,Concrete,Luxury Vinyl Plank,Wood
Fireplace Features Gas Logs,Living Room,Outside
Fireplaces Total 2
Dining Areas 1
Living Areas 1
Room Count 11
Lock Box Type Supra
Total Bedrooms 4
Total Baths 3
Window Features Shutters,Window Coverings
Laundry Features Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup

Exterior Features

Exterior Features Attached Grill,Covered Patio/Porch,Rain Gutters,Lighting,Outdoor Grill,Outdoor Kitchen,Private Landing Strip,RV Hookup,RV/Boat Parking
Lot Features Acreage,Airstrip,Interior Lot,Landscaped,Lrg. Backyard Grass,Sprinkler System,Subdivision,Taxi-way
Soil Type Unknown
Garage Length 22
Garage Width 26
Other Structures Airplane Hangar,Private Hangar,Separate Entry Quarters,Workshop w/Electric
Lot Size Source Assessor
Parking Features Additional Parking,Concrete,Driveway,Epoxy Flooring,Garage,Garage Door Opener,Garage Faces Side,Gravel,Oversized,RV Access/Parking
Lot Size 1 to < 3 Acres
Covered Spaces 2
Foundation Slab
Pool Features In Ground,Pool Sweep,Separate Spa/Hot Tub
Lot Size Area 2.4100
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 104979.6000
Lot Size Acres 2.4100
Patio And Porch Features Covered,Deck,Patio,Rear Porch
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Paradise Elementary School
Middle School Unknown Middle School
High School

Price History

5/19/2026 Listed $1,299,900

Property vs Zip Code Average in 76234

Price
AVG $750K
$1.3M
Taxes
AVG $5,903
$11,860
Year Built
AVG 2004
2007
Visits
AVG 129
50
Data Provided by Inside Real Estate®

Areas That We Cover

492 County Road 4387 Decatur, TX is a Single Family Home for sale at $1299900 with 3097 sqft and a lot size of 2.41 Acres Acre(s). 492 County Road 4387 Decatur has 4 bedrooms, 3 baths and was built in 2007. The property's zip code is 76234 which is in Decatur, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.