Multifamily Development Land
1202 W Thompson Street Decatur, TX 76234
1202 W Thompson Street, Decatur, TX, 76234
$3,200,000
For Sale
$3,200,000
LAND - Decatur, TX
Lot Size16.65 Acres
Days on Market85
Property Features for 1202 W Thompson Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 796329
- Lot size
- 16.65 Acres
Taxes and HOA fees
- Tax Description
- A-79 JC BULLOCK 16.6530 ACRES
- Tax Annual Amount
- 29708
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
Keller Williams Fort Worth
(817) 920-7700
Fort Worth, TX
Listed by
Kristen Holle · License #0716804
(817) 920-7700
Added: Apr 25 Checked: Jul 18 at 11:06 am
MLS# 21018795
Listing URL
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Investment Insights
Based on property information with market context.
Offered for sale as a development-ready land tract measuring approximately 16.65 acres, this site is positioned to support multifamily or mixed-use concepts, subject to buyer verification of zoning. A site plan and proposed development layout are included with the sale, providing a practical starting point for planning and entitlement discussions.
The property is located at the northeast corner of W. Thompson Street and S. Deer Park Road in Decatur, Texas. It features excellent ingress and egress from both streets and is directly across from McCarroll Middle School. The tract is also adjacent to the stabilized Crestview Place Apartments, with additional multifamily presence nearby including Trophy Ridge, delivered in 2021 and noted as maintaining 100% occupancy and waitlists.
With stabilized apartments immediately next door and demonstrated demand reflected in nearby leasing performance, the site is well suited to developers seeking to capitalize on continued housing absorption. Its mix of surrounding institutional, residential, and retail/service amenities supports a range of multifamily or mixed-use strategies for operators and investors looking for growth-oriented infill development.
The property is located at the northeast corner of W. Thompson Street and S. Deer Park Road in Decatur, Texas. It features excellent ingress and egress from both streets and is directly across from McCarroll Middle School. The tract is also adjacent to the stabilized Crestview Place Apartments, with additional multifamily presence nearby including Trophy Ridge, delivered in 2021 and noted as maintaining 100% occupancy and waitlists.
With stabilized apartments immediately next door and demonstrated demand reflected in nearby leasing performance, the site is well suited to developers seeking to capitalize on continued housing absorption. Its mix of surrounding institutional, residential, and retail/service amenities supports a range of multifamily or mixed-use strategies for operators and investors looking for growth-oriented infill development.
Key Highlights
- +/-16.65‑acre tract at the NE corner of W. Thompson St. & S. Deer Park Rd in Decatur, TX
- Public water and public sewer available
- Ingress‑egress from both W. Thompson St. and S. Deer Park Rd
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - 16.65-acre tract at a key intersection offers multifamily and mixed-use development potential with development materials included.
Where is this residential land & home lot located?
The property is located at 1202 W Thompson Street Decatur, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: +/-16.65‑acre tract at the NE corner of W. Thompson St. & S. Deer Park Rd in Decatur, TX; Public water and public sewer available; Ingress‑egress from both W. Thompson St. and S. Deer Park Rd
