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    00 W Hwy 380 Hwy Decatur, TX 76234

    For Sale
    $578,900

    Unimproved Land - Decatur, TX

    Type:Unimproved Land
    Lot size:
    1.87 Acres
    Days on Market:
    237
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 00 W Hwy 380 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000323964
    Parking features
    None
    Lot size
    1.87 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Flooring type
    None
    Architectural style
    Other

    Parker Properties (940) 627-9040

    Listing agent Jay Davidson (940) 627-9040 License #0713517

    Listing date Apr 18, 2025

    MLS# 20038865 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur, TX Commercial Land Tract

    This 1.871-acre commercial tract is located adjacent to the Decatur Conference Center and Fairfield Inn and Suites, directly across Highway 380 from 220+ apartments under construction. Zoned C2 with city utilities available, the property is suitable for various developments, including restaurants, coffee shops, retail, and office space. A walking trail to the Fairfield Inn and Suites could service their customers with food and drinks. The floodplain map indicates a creek across a small portion of the property, but there has been no flooding. Given the expansive growth in Decatur and the surrounding area, this location offers great access to all parts of the region for any property or business.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.60948744
    Latitude
    33.2341888

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    FAQs

    What type of property is this?
    Commercial land - 1.871-acre commercial tract near Decatur Conference Center and Fairfield Inn.
    Where is this commercial land located?
    The property is located at 00 W Hwy 380 Hwy Decatur, TX.
    What is the asking price?
    The asking price for this property is $578,900.
    What are key features of this property?
    This property features: - 1.871-acre commercial tract in a high-growth area of Decatur.; - Prime location adjacent to the Decatur Conference Center and Fairfield Inn and Suites.; - Directly across from a 220+ apartment complex under construction.
    (940) 627-9040
    Request Owner's contact information
    00 W Hwy 380 Hwy Decatur, TX 76234
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    Decatur, TX 76234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 W Hwy 380 Hwy Decatur, TX 76234
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