Multifamily/Mixed-Use Development
For Sale
$3,200,000
1202 W Thompson Street Decatur, Decatur, TX 76234
16.65-acre tract at a street intersection with site plan materials, positioned across from a middle school and adjacent apartments.
Property SizeContact for details
Lot Size16.65 Acres
Days on Market39
Property Features for 1202 W Thompson Street Decatur
General Information
Standard status
Active
Lot size
16.65 Acres
Zoning
Commercial,multi family
Taxes and HOA fees
Annual Taxes
$29,708
Building Details
Year Built
9999
Stories
1
Listing Agency:
OPT
(800) 683-5651
Listed By:
Sean Shepard
(800) 683-5651
Source:
Jparhouston
Added: Jul 15
Changed: Aug 14
Last Checked: Aug 14 at 7:11AM
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 OPT
Investment Insights
Based on property information with market context.
This 16.65-acre commercial development tract is offered for multifamily or mixed-use development, with zoning described as suitable by the seller (buyer to verify). The sale includes site plan and a proposed development layout, giving buyers a starting point for planning and entitlement work.
The property is located on the northeast corner of W. Thompson Street and S. Deer Park Road. It is positioned directly across from McCarroll Middle School and adjacent to the stabilized Crestview Place Apartments, supporting a residential-focused setting. Vehicular access is described as excellent ingress-egress from both W. Thompson Street and S. Deer Park Road.
Additional nearby housing includes Trophy Ridge, delivered in 2021 and described as operating at 100% occupancy with waitlists, reflecting demand in the Decatur market. Retail, dining, and service amenities are also noted along SH 287, and Wise Regional Health System is described as minutes away.
The property is located on the northeast corner of W. Thompson Street and S. Deer Park Road. It is positioned directly across from McCarroll Middle School and adjacent to the stabilized Crestview Place Apartments, supporting a residential-focused setting. Vehicular access is described as excellent ingress-egress from both W. Thompson Street and S. Deer Park Road.
Additional nearby housing includes Trophy Ridge, delivered in 2021 and described as operating at 100% occupancy with waitlists, reflecting demand in the Decatur market. Retail, dining, and service amenities are also noted along SH 287, and Wise Regional Health System is described as minutes away.
Key Highlights
- 16.65‑acre development tract on the NE corner of W. Thompson St. & S. Deer Park Rd. in Decatur, TX
- Excellent ingress‑egress with access from both W. Thompson St. and S. Deer Park Rd.
- Site is directly across from McCarroll Middle School and adjacent to Crestview Place Apartments
Property Analytics
Property Profile
Current Use
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 - 16.65-acre tract at a street intersection with site plan materials, positioned across from a middle school and adjacent apartments.
Where is this residential land & home lot located?
The property is located at 1202 W Thompson Street Decatur 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 development tract on the NE corner of W. Thompson St. & S. Deer Park Rd. in Decatur, TX; Excellent ingress‑egress with access from both W. Thompson St. and S. Deer Park Rd.; Site is directly across from McCarroll Middle School and adjacent to Crestview Place Apartments
