Shovel-Ready Townhome Development
700 S Deer Park Road, Decatur, TX 76234
New
- Added:
- May 29, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 3 at 1:06 am
Property Features for 700 S Deer Park Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 743027
- Lot size
- 8.50 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing agent Ryan OConnor License #0841192 (214) 325-9827
Listing office Agency Dallas Park Cities, LLC Dallas, TX (336) 743-0336
Listing date May 29, 2026
MLS# 21284616
Listing URL
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HighLights
- 8.5‑acre shovel‑ready, entitled 60‑unit townhome development site in Decatur, TX.
- Fully entitled for 60 townhome units with plans/permits approved—designed for faster path to construction.
- Utilities: public water and public sewer available.
- Located just south of Hwy 380 in the Decatur Hwy 380 growth corridor with access to major regional routes toward Denton and Fort Worth.
Overview
This offering presents 8.5 acres of shovel-ready, entitled land designed for a 60-unit townhome development. The property includes plans and permits that support direct movement into construction with minimal entitlement risk, making it well-suited for a developer seeking an efficient path from approval to build. Utilities are available nearby, and the site configuration is laid out to support practical unit planning and absorption.
The site is positioned just south of Hwy 380, providing access and visibility within a rapidly expanding residential growth corridor in Decatur, Texas. It is surrounded by new residential communities, along with retail and commercial development, and it offers convenient proximity to major regional routes connecting Denton, Fort Worth, and the greater DFW Metroplex.
With its fully entitled status and turnkey development readiness, the property can work for for-sale townhome product, build-to-rent, or a hybrid residential strategy. The location and project approvals also support operators targeting demonstrated demand for quality townhomes in an undersupplied submarket. For the right sponsor, this represents a prime opportunity to capitalize on continued regional population and infrastructure investment, with the added possibility of builder incentives.
The site is positioned just south of Hwy 380, providing access and visibility within a rapidly expanding residential growth corridor in Decatur, Texas. It is surrounded by new residential communities, along with retail and commercial development, and it offers convenient proximity to major regional routes connecting Denton, Fort Worth, and the greater DFW Metroplex.
With its fully entitled status and turnkey development readiness, the property can work for for-sale townhome product, build-to-rent, or a hybrid residential strategy. The location and project approvals also support operators targeting demonstrated demand for quality townhomes in an undersupplied submarket. For the right sponsor, this represents a prime opportunity to capitalize on continued regional population and infrastructure investment, with the added possibility of builder incentives.
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Wise
- State
- Texas
- Longitude
- -97.607078
- Latitude
- 33.229851
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Entitled 60-unit townhome site with approved plans, positioned south of Hwy 380 for strong area residential momentum.
Where is this residential land & home lot located?
The property is located at 700 S Deer Park Road Decatur, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 8.5‑acre shovel‑ready, entitled 60‑unit townhome development site in Decatur, TX.; Fully entitled for 60 townhome units with plans/permits approved—designed for faster path to construction.; Utilities: public water and public sewer available.
