1202 W Thompson Street Decatur, TX 76234
New
16.65-acre tract ideal for multifamily or mixed-use development.
Type:Commercial Lots & Land
Lot size:
16.65 Acres- Added:
- Apr 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 22 at 5:37 pm
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 agent Kristen Holle
Listing office Keller Williams Fort Worth
Listing date Apr 22, 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 Keller Williams Fort Worth
Overview
Decatur Multifamily Development Opportunity
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Wise
- State
- Texas
- Longitude
- -97.599839
- Latitude
- 33.221658
Nearby Similar for Sale
FAQs
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.
