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    681 Fm 2264 Decatur, TX 76234

    For Sale
    $4,051,376

    Traditional, Farm/Ranch - Decatur, TX

    Type:Farm
    Property size:
    2,173 SF
    Lot size:
    173.00 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 681 Fm 2264

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    4
    APN
    A0363001500
    Parking features
    Carport, Covered, Driveway, Garage
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Central Vacuum, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, Paneling
    Exterior features
    Awning(s), Covered Patio/Porch, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Microwave, Oven - Double, Refrigerator, Washer
    Size
    2,173 SF
    Lot size
    173.00 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1971
    Floors in Building
    1
    Flooring type
    Linoleum, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    New Traditional

    Parker Properties (940) 627-9040

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

    Listing date Sep 11, 2025

    MLS# 21042830 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 Farm/Ranch with Development Potential

    Located southeast of Decatur, this 173-acre property features FM road frontage on FM 2264 and county road frontage on CR 4010. The property includes a 2,123 square foot brick home with three bedrooms, two and a half baths, energy-efficient solar panels, a metal roof, and a 24x30 attached carport. A second home on the property serves as a rental for investment income and has its own septic system, water well, and in-ground storm shelter. The solar panel system supports both homes. There are four large barns or sheds, along with a dairy barn with pipe-fenced pens and corrals. Numerous pipe cross fences divide the property. The land is suitable for residential or small horse property development. The property has been used for cattle for many years and is currently ag exempt. It is located close to Decatur and nearby highways providing access to the Dallas-Fort Worth metroplex and airports.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Auto Repair Shop Hotel & Motel Department Store Food Market Storage Facility Plumbing Service Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.540483
    Latitude
    33.204279

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    FAQs

    What type of property is this?
    Farm - 173-acre Decatur property suitable for residential or commercial development.
    Where is this farm located?
    The property is located at 681 Fm 2264 Decatur, TX.
    What is the asking price?
    The asking price for this property is $4,051,376.
    What are key features of this property?
    This property features: - 173 acres of prime land ideal for residential, commercial, horse properties, ranching, or game preserve development.; - Two homes on the property, including a 2123 sq ft main residence and a second rental home, providing investment income potential.; - Excellent location near Decatur with FM road and County Road frontage, offering easy access to highways and the Dallas-Fort Worth Metroplex.
    (940) 627-9040
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    681 Fm 2264 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
    681 Fm 2264 Decatur, TX 76234
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