Unimproved Land Near Highway
For Sale
$6,250,000
Hwy 287 S, Rhome, TX 76078
Land, Rhome, TX
Property SizeContact for details
Lot Size204.00 Acres
Days on Market138
Property Features for Hwy 287 S
General Information
Property type
Land
Property subtype
Other
Zoning description
Agricultural
Vegetation
Cleared
Fencing
Fenced
Lot features
Acreage, Agricultural, Cleared, Pasture, Pond On Lot, Rolling Slope, Few Trees
Elementary school
Young
Middle school
Mccarroll
High school
Decatur
Elementary school district
Decatur ISD
Middle school district
Decatur ISD
High school district
Decatur ISD
Directions
North on Hwy 287 from 121 and then property sits on South Side of Hwy past Rhome as you enter Decatur area. See GPS. From 380 West - south on 287 and property is on the right just outside of Decatur.
Standard status
Active
APN
749537
Lot size
204.00 Acres
Taxes and HOA fees
Tax Description
A-858 A VASQUEZ 204. ACRES
Tax Annual Amount
144
Legal Description
A-858 A VASQUEZ 204. ACRES
Building Details
Additional Structures
Corral(s)
Listing Agency:
RE/MAX DFW Associates IV · RE/MAX International
(972) 539-3550
Listed By:
Marlene Bowdon · License #0595573
(972) 462-8181
Added: Apr 8
Changed: Aug 19
Last Checked: Aug 23 at 6:06PM
MLS# 21152649
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 204-acre property in Rhome, Texas, presents a development or investment opportunity. Preparation is underway for Highway 287 to become an interstate. The property is offered for sale in conjunction with an adjoining 105-acre parcel, listed under MLS#21152657, creating a total of 309 acres available for a combined price of $6,250,000. The sale includes surface rights only, with mineral rights to be retained by the seller. An existing oil and gas lease is in place, with approximately 5 active well heads on the property. The pipeline operator, TARGA, is open to relocating the pipeline if needed, which can be arranged upon closing. A current cattle lease is active and can remain in place to maintain the agricultural exemption.
Key Highlights
- Highway 287 expansion to interstate status offers significant development potential.
- Combined 309 acres available with adjoining property (MLS#21152657).
- Active oil and gas lease with potential for pipeline relocation.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 76078, TX
9,979
Population
3,540
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
64.2 sq mi
ZIP Area
155
Density / Sq Mi
$94,379
Median Household Income
$42,853
Median Earnings
$1,574
Median Rent
$278,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 204 acres of land with highway frontage in Rhome, TX.
Where is this land located?
The property is located at Hwy 287 S Rhome, TX.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Highway 287 expansion to interstate status offers significant development potential.; Combined 309 acres available with adjoining property (MLS#21152657).; Active oil and gas lease with potential for pipeline relocation.
