Single-Family Corner Conversion
For Sale
$499,000
510 W Walnut Street, Decatur, TX 76234
CommercialSale, Decatur, TX
Property SizeContact for details
Lot Size0.45 Acres
Days on Market47
Property Features for 510 W Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C1
Parking features
Driveway, Carport
Security features
Security
Fireplace
1
Subdivision
Tarleton
Lot features
Back Yard, Corner Lot, Lawn, Landscaped
Directions
Address is GPS Friendly. From the Courthouse and Square, Head west on Walnut toward business 380, 287. House is on the right, red house, sign in yard.
Standard status
Active
APN
757141
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
BLK 155 TARLETON
Legal Description
BLK 155 TARLETON
Utilities
Sewer type
Public Sewer
Heating system
Central, Fireplace(s)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1945
Floors in Building
1
Number of units
1
Flooring type
Tile, Parquet Wood, Wood, Vinyl
Roof type
Shingle, Composition
Listing Agency:
Parker Properties Real Estate
(940) 627-9040
Listed By:
Jared Lucier · License #0697805
(940) 627-9040
Added: Jul 18
Changed: Aug 29
Last Checked: Sep 2 at 12:06AM
MLS# 21244080
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-family home at 510 W Walnut Street is currently a lived-in residence and used for residential purposes. It sits on a nearly half-acre corner lot, offering the outdoor space that can support parking and flexible future site planning. The property is located within the designated historic corridor and is described as part of the downtown district, with the site zoned C1.
The location places the home within walking distance of the historic downtown Decatur square. Access is available via Trenchard or Walnut, and the property is described as providing quick access back to business 287, highway 287, and highway 380.
For buyers, this asset may fit several paths depending on timing. If you plan to hold as a residence, the property is already operating as a lived-in home. If you are pursuing a longer-term change, the C1 zoning and downtown district placement support redevelopment planning for commercial use over time, while the corner-lot layout can be advantageous for improving vehicle access and site functionality.
The location places the home within walking distance of the historic downtown Decatur square. Access is available via Trenchard or Walnut, and the property is described as providing quick access back to business 287, highway 287, and highway 380.
For buyers, this asset may fit several paths depending on timing. If you plan to hold as a residence, the property is already operating as a lived-in home. If you are pursuing a longer-term change, the C1 zoning and downtown district placement support redevelopment planning for commercial use over time, while the corner-lot layout can be advantageous for improving vehicle access and site functionality.
Key Highlights
- Zoned C1 and located in the City of Decatur designated historic corridor/downtown district
- Nearly half‑acre corner lot with access via Trenchard or Walnut
- House built in 1945 with central heating and central air conditioning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
806
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Single-family property on a corner lot in a C1 historic corridor, suited for either continued residence or conversion.
Where is this single family property located?
The property is located at 510 W Walnut Street Decatur, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Zoned C1 and located in the City of Decatur designated historic corridor/downtown district; Nearly half‑acre corner lot with access via Trenchard or Walnut; House built in 1945 with central heating and central air conditioning
