Decatur Multifamily Development
For Sale
$3,200,000
1202 W Thompson Street, Decatur, TX 76234
16.65-acre tract ideal for multifamily or mixed-use development.
Property SizeContact for details
Lot Size16.65 Acres
Days on Market104
Property Features for 1202 W Thompson Street
General Information
Standard status
Active
Lot size
16.65 Acres
Property subtype
Commercial Lots & Land
Building Details
Year Built
9999
Listing Agency:
Keller Williams Fort Worth
(817) 808-9464
Listed By:
Kristen Holle · License #0716804
(817) 808-9464
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 3 at 7:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Fort Worth
Investment Insights
Based on property information with market context.
This \u00b116.65-acre tract is located at the northeast corner of W. Thompson Street and S. Deer Park Road in Decatur, TX. The site is strategically positioned for multifamily or mixed-use development. It is located directly across from McCarroll Middle School and adjacent to the Crestview Place Apartments. The location benefits from surrounding demand drivers and connectivity. Multifamily market fundamentals in the area are robust, with nearby properties such as Trophy Ridge operating at 100% occupancy and maintaining waitlists. The property has ingress and egress from both W. Thompson St. and S. Deer Park Rd. The site is near retail, dining, and service amenities located along SH 287 and minutes from Wise Regional Health System. A site plan and proposed development layout are included with the sale.
Key Highlights
- Prime location in Decatur, TX, ideal for multifamily development.
- High demand area with nearby apartments at 100% occupancy and waitlists.
- Excellent access from W. Thompson St. and S. Deer Park Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 16.65-acre tract ideal for multifamily or mixed-use development.
Where is this commercial land located?
The property is located at 1202 W Thompson Street Decatur, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Prime location in Decatur, TX, ideal for multifamily development.; High demand area with nearby apartments at 100% occupancy and waitlists.; Excellent access from W. Thompson St. and S. Deer Park Rd.
