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    3300 S Murvil St Decatur, TX 76234

    Sponsored
    For Sale
    $1,450,000

    Unimproved Land - Decatur, TX

    Type:Unimproved Land
    Lot size:
    9.76 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 3300 S Murvil St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    A0454003200
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    9.76 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Micah Young (888) 519-7431 License #0625234

    Listing date Dec 18, 2025

    MLS# 21090143 Listing URL

    Copyright © 2026 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 Multi-Family Development Opportunity

    This 9.764-acre property presents a development opportunity in Decatur, Texas. Zoned for multi-family use, the site allows for the construction of townhomes at a density of up to 21 units per acre, with a maximum building height of three stories. The property is located at the edge of Decatur’s city limits, offering a blend of urban accessibility and rural surroundings. The location provides proximity to shopping, restaurants, and schools. Essential utilities, including city sewer, water, and high-speed internet, are located in the area, supporting modern residential development. This site is suited for creating high-demand townhomes in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Hair Salon Dental Office Clothing Store Auto Repair Shop Skin Care Clinic Pharmacy Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.60569016
    Latitude
    33.20532855

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    FAQs

    What type of property is this?
    Land - Prime multi-family development site in Decatur, zoned for townhomes.
    Where is this land located?
    The property is located at 3300 S Murvil St Decatur, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime multi-family development site in Decatur.; - Zoned for townhomes up to 21 units per acre.; - Maximum building height of three stories.
    (888) 519-7431
    Request Owner's contact information
    3300 S Murvil St 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
    3300 S Murvil St Decatur, TX 76234
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