510 W Walnut Street, Decatur, TX 76234

Building Details

Year Built

1945

Listing agent Jared Lucier

Listing office Parker Properties Real Estate

Listing date Apr 25, 2026

Source Signaturere

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 Parker Properties Real Estate

Report an issue

---

Overview

Located on W Walnut Street in Decatur, this property is within walking distance of the historic downtown Decatur square. Situated in the city's designated historic corridor, it is considered part of the downtown district and is zoned C1. Currently used as a residence, the property presents potential for commercial use in the future. Alternatively, it could serve as a long-term or short-term rental until conversion. The lot, nearly half an acre, is a corner lot accessible via Trenchard Street or Walnut Street, providing access to business 287, highway 287, and highway 380.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Decatur

County

Wise

State

Texas

Longitude

-97.59103

Latitude

33.23514

Nearby Similar for Sale

• 

  $979,900

  Former Church Day Care Facility

  Day care tenant-ready in a C2 commercial zone, offering a substantial site for continued growth on a visible FM corridor.

  3483 S Fm 51, Decatur, TX 76234

  View Details
• 

  $1,323,000

  New Medical Building Under Construction

  Shell-ready medical facility in a high-growth Decatur area with nearby healthcare and municipal investments.

  1801 S Trinity Street, Decatur, TX 76234

  View Details
• 

  $2,500,000

  Commercial Development Land Opportunity

  Zoned C-2 commercial land with multifamily potential and strong corridor visibility for flexible future development.

  1300 S Trenchard Street, Decatur, TX 76234

  View Details
• 

  $399,000

  Live-Work Home with Fireplace

  A renovated 3-bedroom, 2-bath home on 1.49 acres offers flexible live-or-work use with prominent road visibility.

  4170 S Fm 51, Decatur, TX 76234

  View Details
• 

  $577,900

  Commercial Land Tract with City Utilities

  Zoned C2 commercial tract near hospitality and apartments, with city utilities for a wide range of future development.

  W Highway 380, Decatur, TX 76234

  View Details
• 

  $3,200,000

  Multifamily Development Land Opportunity

  A development-ready tract positioned at a key northeast corner with strong adjacent and nearby housing demand.

  1202 W Thompson Street, Decatur, TX 76234

  View Details
• 

  $539,000

  Single-Family Residence with Corner Lot

  C1-zoned corner home near historic downtown, offering flexible options for long-term or short-term rentals and future commercial conversion.

  510 W Walnut Street, Decatur, TX 76234

  View Details
• 

  $900,000

  Zoned QSR Pad Site

  Developable pad site with QSR or drive-thru zoning, positioned for retail and service uses.

  104 S HWY 287, Decatur, TX 76234

  View Details
• 

  $355,000

  C-2 Zoned Commercial Land

  A C-2 neighborhood business parcel just off Highway 287 with high visibility and easy access for a range of developments.

  1210 W Old Chico Road, Decatur, TX 76234

  View Details
• 

  $975,000

  Hard-Corner Commercial Development Land

  Subdividable hard-corner tract with dual frontage, ideal for commercial, retail, or mixed-use development with a current house for hold.

  4002 E Highway 380, Decatur, TX 76234

  View Details
• 

  $245,000

  High-Visibility Commercial Land

  A 2.33-acre tract in Decatur positioned above the hotel on Hwy 287 for strong commercial visibility.

  S HWY 287, Decatur, TX 76234

  View Details

FAQs

What type of property is this?

Commercial land - Commercial zoned lot near Decatur square, suitable for development.

Where is this commercial land located?

The property is located at 510 W Walnut Street Decatur, TX.

What is the asking price?

The asking price for this property is $539,000.

What are key features of this property?

This property features: Prime location within walking distance of the historic downtown Decatur square.; Zoned C1, offering potential for commercial use in the future.; Large lot (nearly half an acre) providing ample parking space.