Decatur, TX Unimproved
OOO S Hwy 287 Decatur, TX 76234
OOO S Hwy 287, Decatur, TX, 76234
$6,250,000
For Sale
$6,250,000
LAND - Decatur, TX
Lot Size105.00 Acres
Days on Market102
Property Features for OOO S Hwy 287
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Brush, Cleared
- Standard status
- Active
- APN
- 739594
- Lot size
- 105.00 Acres
Taxes and HOA fees
- Tax Description
- A-406 S HANCOCK 105. ACRES
- Tax Annual Amount
- 74
Building Details
- Additional Structures
- Corral(s)
Listing Agency
RE/MAX DFW Associates IV
(972) 539-3550
Coppell, TX
Listed by
Marlene Bowdon · License #0595573
(972) 462-8181
Added: Apr 8 Checked: Jul 18 at 2:06 pm
MLS# 21152657
Listing URL
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Investment Insights
Based on property information with market context.
This 105-acre parcel of unimproved land is located on Highway 287 between Rhome and Decatur, Texas. It features 1249 feet of highway frontage, presenting a significant opportunity for future development. The property's rolling hills and stock ponds contribute to its aesthetic appeal. The land is currently subject to an oil and gas lease, and the sale includes surface rights only. There are approximately 5 active wells and a pipeline on the property; the pipeline can be petitioned for relocation after the sale is closed. A current cattle lease is in place, which supports an agricultural exemption. Highway 287 is planned to become an Interstate in the future, with approval underway. This land is to be sold as one sale with an additional 204 acres.
Key Highlights
- 1249 feet of frontage on HWY 287, ideal for development.
- HWY 287 slated to become an Interstate highway.
- 105 acres of rolling hills and stock ponds.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Land - 105 acres with highway frontage, ideal for development.
Where is this land located?
The property is located at OOO S Hwy 287 Decatur, TX.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 1249 feet of frontage on HWY 287, ideal for development.; HWY 287 slated to become an Interstate highway.; 105 acres of rolling hills and stock ponds.