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$4,850,000

Est. payment - /mo

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139.85 Acres Lot

Active

3500 S Murvil Street Decatur, TX 76234

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21130984

HOA Y/N None

Annual Tax Amount $654

Lot Size 139.854 Acres

Acres 139.854

Lot Dimensions tbv

Property Sub-Type Ranch

Property Description

Just Reduced — 140± Acres on the Edge of Decatur. A rare opportunity to own 140± acres with an active ag exemption, sitting just outside the Decatur city limits within the ETJ. Tracts of this size, quality, and proximity rarely come to market. The property enjoys easy access to FM 51, with over 1,900 feet of frontage on Murvil Street and no deed restrictions — leaving the door wide open for continued ag use, future development, or a generational family holding. Decatur Middle and High Schools are less than 1.5 miles away, strengthening long-term residential value.
Surface water is well distributed across the tract and anchored by a 1.5-acre pond, and the entire property lies outside the designated floodplain. Groundwater is plentiful in the area, with regional wells typically running 200–400 feet. Improvements include a well-kept ~2,700 sq ft single-story home, a small RV park, and infrastructure supporting an established cattle operation — turnkey functionality and immediate income from day one.
Land like this — exempt, unrestricted, watered, improved, and minutes from town — doesn't sit long. Buyer and buyer's agent to independently verify all property details.

Location

State TX

County Wise

Zoning None

Direction From Hwy 287 and FM 51, head south in 51 2 miles to Murvil St, right on Murvil, property on left.

Exterior

Utilities Available All Weather Road, Asphalt, Septic, Well

Street Surface Asphalt

Lot Frontage 1900.0

Garage No

Building

Lot Description Acreage, Agricultural, Pasture, Tank/ Pond

Schools

Elementary Schools Carson

Middle Schools Mccarroll

High Schools Decatur

School District Decatur Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21130984

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Allen Crumley • Williams Trew Real Estate

3500 S Murvil Street Decatur, TX 76234

James Biedenharn

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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3500 S Murvil Street