3300 S Murvil St, Decatur, TX 76234

$1,300,000

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List Price
$1,300,000
Price Change
▼ $150,000 1768618648
MLS#
21090143
Status
ACTIVE
Type
Land
Subtype
Land
Acres
9.76
County
Wise
City
Decatur
Subdivision
The Vineyard

Property Description

This is a rare opportunity for developers, builders, and investors to secure a prime Multi-Family Development site in the thriving market of Decatur. The property has been zoned for multi-family use, allowing for the construction of townhomes at a density of up to 21 units per acre, with a maximum building height of three stories, ensuring a beautiful community design. Conveniently located at the edge of Decatur’s city limits, this site offers the perfect blend of urban accessibility and serene country living. Residents will enjoy proximity to shopping, restaurants, and good schools, all while surrounded by the peaceful backdrop of rural landscapes. This property has essential utilities, including city sewer, water, and high-speed internet located in the area, making it ready for modern residential development. This unique combination of zoning and location makes it an ideal investment for creating high-demand townhomes in a rapidly growing area. Contact us today for more details and to explore this exceptional development opportunity.

Additional Information

Lot Size
425,319
Acres
9.76
Lot Description
Pasture
School District
Decatur Isd
Elementary School
Young
Middle School
Decatur
High School
Decatur
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Micah Young from eXp Realty LLC. Contact: