3500 S Murvil St, Decatur, TX 76234
- $4,850,000
- List Price
- $4,850,000
- Price Change
- ▼ $430,000 1778295165
- MLS#
- 21130984
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 139.85
- County
- Wise
- City
- Decatur
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.
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Additional Information
- Unexempt Taxes
- $654
- Lot Size
- 6,092,040
- Acres
- 139.85
- Lot Description
- Agricultural, Pasture, Pond(s)
- School District
- Decatur Isd
- Elementary School
- Carson
- Middle School
- Mccarroll
- High School
- Decatur
- Possession
- CloseOfEscrow, Negotiable
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Listing courtesy of Allen Crumley from Williams Trew Real Estate. Contact: 817-480-9502