Multifamily Development
For Sale
$3,200,000
1202 W Thompson St Unit Land, Decatur, TX 76234
Corner tract positioned for multifamily or mixed-use development, with access from two major roads.
Property SizeContact for details
Lot Size16.65 Acres
Days on Market75
Property Features for 1202 W Thompson St Unit Land
General Information
Standard status
Active
Lot size
16.65 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$29,708
Listing Agency:
Keller Williams Fort Worth. Contact:
(214) 216-2161
Listed By:
Kristen Holle · License #0716804
Source:
Dallashomerealty
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 23 at 6:29AM
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. Contact:
Investment Insights
Based on property information with market context.
This for-sale land tract is offered as a development-ready site totaling 16.65 acres, presented with a site plan and proposed development layout included with the sale. The property is described as suitable for multifamily or mixed-use development, with zoning intended to support these uses subject to buyer verification.
Located on the northeast corner of W. Thompson Street and S. Deer Park Road in Decatur, TX, the site benefits from access from both streets for ingress and egress. The location is described as directly across from McCarroll Middle School and adjacent to the Crestview Place Apartments. The remarks also reference nearby Trophy Ridge Apartments and proximity to retail, dining, and service amenities along SH 287, plus minutes from Wise Regional Health System.
For developers or investors evaluating new housing supply, this parcel offers a defined development package along a corner access point near established multifamily assets and education uses. Interested parties should review the included site plan and proposed layout and confirm zoning and use eligibility during their due diligence.
Located on the northeast corner of W. Thompson Street and S. Deer Park Road in Decatur, TX, the site benefits from access from both streets for ingress and egress. The location is described as directly across from McCarroll Middle School and adjacent to the Crestview Place Apartments. The remarks also reference nearby Trophy Ridge Apartments and proximity to retail, dining, and service amenities along SH 287, plus minutes from Wise Regional Health System.
For developers or investors evaluating new housing supply, this parcel offers a defined development package along a corner access point near established multifamily assets and education uses. Interested parties should review the included site plan and proposed layout and confirm zoning and use eligibility during their due diligence.
Key Highlights
- 16.65‑acre NE corner tract at W. Thompson St. & S. Deer Park Rd. in Decatur, TX
- Ingress‑egress from both W. Thompson St. and S. Deer Park Rd.
- Directly across from McCarroll Middle School and adjacent to Crestview Place Apartments
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
682
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?
Residential land & home lot - Corner tract positioned for multifamily or mixed-use development, with access from two major roads.
Where is this residential land & home lot located?
The property is located at 1202 W Thompson St Unit Land 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: 16.65‑acre NE corner tract at W. Thompson St. & S. Deer Park Rd. in Decatur, TX; Ingress‑egress from both W. Thompson St. and S. Deer Park Rd.; Directly across from McCarroll Middle School and adjacent to Crestview Place Apartments
