Ooo S Hwy 287, Decatur, TX 76234
- $6,250,000
- List Price
- $6,250,000
- Price Change
- ▲ $4,125,000 1770160989
- MLS#
- 21152657
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 105
- County
- Wise
- City
- Decatur
Property Description
Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development. Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649
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Additional Information
- Unexempt Taxes
- $74
- Lot Size
- 4,573,800
- Acres
- 105
- Lot Description
- Pasture, Sloped, Few Trees
- School District
- Decatur Isd
- Elementary School
- Young
- Middle School
- Mccarroll
- High School
- Decatur
- Possession
- CloseOfEscrow
- Proposed Use
- Agricultural, Cattle, Commercial, Dairy, Development, Grazing, Horses, Industrial, Investment, Livestock, Multi-Family, Storage, Mixed Use, Pasture, Place Of Worship, Ranch, Residential, Recreational, Retail, Unimproved
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Listing courtesy of Marlene Bowdon from RE/MAX DFW Associates IV. Contact: 972-971-6006