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    May Reed Dr Decatur, TX 76234

    Sponsored
    For Sale
    $39,900

    Unimproved Land - Decatur, TX

    Type:Unimproved Land
    Lot size:
    0.39 Acres
    Days on Market:
    68
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for May Reed Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    766459
    Lot size
    0.39 Acres

    Building Details

    Architectural style
    Other

    Heritage Properties (817) 879-8974

    Listing agent Miranda McDougall (817) 879-8974 License #0662587

    Listing date Nov 4, 2025

    MLS# 21103974 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

    Land For Sale in Decatur

    This 0.389-acre lot is located just outside the city limits of Decatur, Texas, offering a blend of country living and convenient access to town amenities. The property is suitable for building a home and presents an opportunity for either immediate construction or future investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.4896
    Latitude
    33.168764

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    FAQs

    What type of property is this?
    Land - Unimproved land suitable for building a home near Decatur, TX.
    Where is this land located?
    The property is located at May Reed Dr Decatur, TX.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Spacious lot provides ample space for building a dream home.; - Located just outside city limits, offering a balance of country living and town convenience.; - Great potential for building now or investing for the future.
    (817) 879-8974
    Request Owner's contact information
    May Reed Dr 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
    May Reed Dr Decatur, TX 76234
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