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Live-Work Space on Acreage
For Sale
Under Contract
$375,000

4170 S Fm 51, Decatur, TX 76234

CommercialSale, Decatur, TX

Property SizeContact for details
Lot Size1.49 Acres
Days on Market66

Property Features for 4170 S Fm 51

General Information

Property type Commercial Sale
Property subtype Office
Zoning description none assigned
Parking features Garage
Subdivision A0454
Lot features Acreage
Directions From Decatur, Take FM 51 South. Not far outside of town city limits on the right.
Standard status Active Under Contract
APN 740415
Lot size 1.49 Acres

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Well

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Flooring type Laminate, Vinyl, Tile
Building materials Brick
Roof type Composition
Listing Agency: Earthport Properties Realty, LLC
Listed By: Heather Baker · License #0736337
Added: Jun 30 Changed: Aug 21 Last Checked: Sep 3 at 7:06AM
MLS# 21207689

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.

Investment Insights

Based on property information with market context.

This live-work property occupies 1.49 acres along FM 51 outside the Decatur city limits. Previously used as a residence, the 3-bedroom, 2-bath layout offers a practical foundation for combining living space with a home-based business. The improvements include brick construction, a garage, composition roofing, and central heating and air conditioning.

Interior updates include fresh paint, new flooring, and refreshed kitchen countertops. The living room includes a fireplace and wood ceiling beams. The property is served by a private well and septic tank, with laminate, vinyl, and tile flooring used throughout. Built in 1980, the property provides a visible roadside setting for an owner-occupant seeking an integrated live-work arrangement.

Key Highlights

  • 1.49 acres along FM 51 outside the Decatur city limits
  • 3‑bedroom, 2‑bath layout suitable for live‑work use
  • Fresh paint, new flooring, and updated kitchen countertops

Property Analytics

Current Use

Wise Foundation Ministry Charitable Organization

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Furniture & Home Goods Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 76234, TX

18,755
Population
8,047
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
314.0 sq mi
ZIP Area
60
Density / Sq Mi
$88,083
Median Household Income
$45,137
Median Earnings
$1,358
Median Rent
$304,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Three-bedroom property with updated finishes, central HVAC, and potential for a home-based business.
Where is this live-work space located?
The property is located at 4170 S Fm 51 Decatur, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1.49 acres along FM 51 outside the Decatur city limits; 3‑bedroom, 2‑bath layout suitable for live‑work use; Fresh paint, new flooring, and updated kitchen countertops
More about this property
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