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Decatur Historic District Corner Lot
For Sale
$539,000

510 W Walnut Street, Decatur, TX 76234

Commercial zoned lot near Decatur square, suitable for development.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market101

Property Features for 510 W Walnut Street

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Commercial

Building Details

Year Built 1945
Listing Agency: Parker Properties Real Estate
Listed By: Jared Lucier · License #0697805
Source: Signaturere
Added: Apr 25 Changed: Jul 10 Last Checked: Aug 2 at 11:49AM

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

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Butcher Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
More about this property
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