Project intelligenceTDLR TABS2025016623Renovation/Alteration
Funding type

This project is privately funded, on private land for private use.

Texas Bank

1415 S FM 51, Decatur, TX, 76234

Construction complete · Apr 2025Project Closed

Texas Bank is a renovation/alteration project at 1415 S FM 51, Decatur, in Wise County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Construction complete (TDLR inspection passed Apr 2025). The project has an estimated value of $125K across about 3,000 sq ft.

Estimated project value
$125K
About this figure

Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.

Reported floor area
3,000 ft²
About this figure

Square footage reported for this scope of work. It may cover only part of a larger property.

Estimated cost / ft²
$42/sqft
About this figure

Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.

Scheduled duration
2 months
About this figure

The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.

The project record

Project timeline

Explore filed milestones and scheduled dates. Open a milestone for its source.

Apr 14, 202548 days across supplied datesJun 1, 2025

4 timeline dates shown.

  1. Project registered · TDLR filing

    Registration of the project with the Texas Department of Licensing and Regulation.

    Source: TDLR filing

    View source record
  2. Project closed · TDLR filing

    The project record was closed in TDLR.

    Same day as the preceding date shown.

    Source: TDLR filing

    View source record
  3. Scheduled construction start · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    1 days after the preceding date shown.

    Source: TDLR filing

    View source record
  4. Scheduled completion · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    47 days after the preceding date shown.

    Source: TDLR filing

    View source record

📰About Texas Bank

The Decatur Branch renovation at 1415 S FM 51 in Decatur, Texas, is a completed alteration project for Texas Bank. The scope involved demolishing two existing non-compliant restrooms and constructing one ADA-compliant restroom within the 3,000 sq ft facility. The estimated cost for this work was $125,000.

TDLR closed the project file in April 2025, which marks the end of the accessibility review process for this construction. The project was registered with TDLR in April 2025, with construction starting in the same month and a scheduled completion date of June 2025. The status is listed as Project Closed.

Project Details and Context

GMS REO LP is the owner of record for this privately funded project on private land. Bonita L Anderson served as the registered accessibility specialist. The cost per square foot was $42, which is below the county median of $89 for similar renovation filings in Wise County.

The scheduled build window was 47 days, shorter than the 92-day median for renovation projects in the area. The estimated cost of $125,000 is also below the county median of $200,000 for comparable work. Wise County unemployment was 4.3 percent in July 2026, higher than a year earlier. The surrounding area includes businesses such as Walmart Supercenter and La Quinta Inn & Suites.

According to Census estimates for ZIP code 76234, the population is about 20,912 with a median household income of $88,083. The median owner-occupied home value is $304,300. This project is part of a broader set of registered activities in Wise County, including other renovations and new constructions in the Decatur area.

The filing identifies the project as a Renovation/Alteration type. The specific work focused on accessibility compliance for restroom facilities. The record does not indicate any additional construction phases beyond the restroom replacement. The project remains closed in the TDLR system, reflecting the finalization of the accessibility review.

Project Closed

Project has been completed and closed

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Texas Bank is a Renovation/Alteration project located at 1415 S FM 51 in Decatur, Texas. The project has an estimated value of $125K covering 3,000 sq ft. GMS REO LP is the property owner. The project was registered with TDLR on April 14, 2025.

Frequently Asked Questions

Is the Decatur Branch open?

The TDLR record indicates the construction project is closed. TexasBank.com lists the address as 1415 S FM 51, but the construction record does not confirm current business operating status or opening dates.

What work was done on the Decatur Branch?

The scope involved demolishing two existing non-compliant restrooms and building one ADA-compliant restroom. The project was a renovation and alteration of the 3,000 sq ft facility.

Who owns the Decatur Branch property?

GMS REO LP is listed as the owner or developer of record. The project is privately funded on private land for private use.

When did the Decatur Branch renovation finish?

The filing lists a completion date of June 2025. TDLR closed the project file in April 2025, marking the end of the accessibility review process.

How much did the Decatur Branch renovation cost?

The estimated cost was $125,000. This amount is below the county median of $200,000 for similar renovation and alteration projects in Wise County.

What is Texas Bank?

Texas Bank is a renovation/alteration project at 1415 S FM 51 in Decatur, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Demo 2 existing non compliant restroom and build one ADA compliant restroom.

Is Texas Bank open in Decatur?

Construction on Texas Bank is complete — TDLR records show the project passed its required accessibility inspection in Apr 2025. The building is finished and very likely open.

Where is Texas Bank located?

Texas Bank is located at 1415 S FM 51, Decatur, TX, 76234, in Wise County.

Who is the owner or developer of Texas Bank?

GMS REO LP is the property owner/developer of record for Texas Bank, per its TDLR project registration.

How much does Texas Bank cost and how big is it?

Texas Bank has an estimated construction value of $125K and approximately 3,000 square feet (about $42/sqft), based on its TDLR filing.

Scope of Work

Demo 2 existing non compliant restroom and build one ADA compliant restroom.

Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.

Location & views

1415 S FM 51, Decatur, TX, 76234

33.22400, -97.59427

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