For sale

$495,000

340 Red Baron Dr, Rhome, TX 76078

3beds

1,847sqft

$3,822/mo

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Single Family Residence

Built in 2001

3 Acres Lot

$481,300 Zestimate^®

$268/sqft

$-- HOA

What's special

Two dining areasPrivate water well

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.

62 days
423
36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Dimensions: 1 x 1

Living room

Level: First
Dimensions: 1 x 1

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Laundry: Electric Dryer Hookup

Features

Walk-In Closet(s)
Flooring: Carpet, Ceramic Tile
Windows: Window Coverings
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total interior livable area: 1,847 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Garage, Boat, RV Access/Parking
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered
Pool features: None

Lot

Size: 3 Acres
Features: Back Yard, Lawn, Subdivision
Residential vegetation: Grassed

Details

Parcel number: 775154

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional,Detached
Property subtype: Single Family Residence

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

Year built: 2001

Utilities & green energy

Sewer: Aerobic Septic, Septic Tank
Utilities for property: Septic Available

Community & HOA

Community

Features: Airport/Runway
Subdivision: Heritage Creek Estates Sec 4

HOA

Has HOA: No

Location

Region: Rhome

Financial & listing details

Price per square foot: $268/sqft
Tax assessed value: $386,960
Annual tax amount: $4,647
Date on market: 7/23/2026
Cumulative days on market: 63 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

Estimated market value

$481,300

$457,000 - $505,000

$1,918/mo

Price history

Date	Event	Price
7/23/2026	Listed for sale	$495,000$268/sqft
Source: NTREIS #21340156 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,518 +0.6%	$386,960 +2.2%
2024	$3,498 +13.9%	$378,527 +10%
2023	$3,071	$344,115 -18.9%
2022	--	$424,054 +23.8%
2021	$5,492 +50%	$342,590 +0.5%
2020	$3,662 -17.6%	$340,980 +10.2%
2019	$4,447 +10.8%	$309,390 +9.2%
2018	$4,013 +7.4%	$283,440 +18.3%
2017	$3,736	$239,650 +0.9%
2016	--	$237,590 +8.4%
2015	--	$219,160 +3.8%
2014	--	$211,150 -0.9%
2013	--	$212,990
2012	--	$212,990 -1.7%
2011	--	$216,670
2010	--	$216,670
2009	--	$216,670 -0.8%
2008	--	$218,510 +4.5%
2007	--	$209,200 +10.1%
2006	--	$190,000 -1.4%
2005	--	$192,690 +7.5%
2004	--	$179,280
2003	--	$179,280 +2.8%
2002	--	$174,330