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Large Development Land with Road Frontage

FM 51 Decatur, TX 76234

FM 51, Decatur, TX, 76234
$5,505,000
For Sale
$5,505,000

LAND - Decatur, TX

Lot Size183.50 Acres
Days on Market212

Property Features for FM 51

General Information

Property type
Land
Property subtype
Other
Vegetation
Brush
Standard status
Active
APN
740464
Lot size
183.50 Acres

Taxes and HOA fees

Tax Description
A-454 SAMUEL ISAACS 183.5000 ACRES
Tax Annual Amount
105

Utilities

Sewer type
Septic Tank
Water source
Well

Building Details

Floors in Building
1
Listing Agency Cannon Property Management & Cannon Realty, LLC
Decatur, TX
Listed by Kristal Campbell · License #0728032
Added: Dec 18, 2025 Checked: Jul 18 at 11:06 am
MLS# 20997413

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 expansive land offering totals approximately 183 acres and is suited for buyers seeking flexibility. The property includes diverse terrain with open fields and scattered tree cover, creating multiple options for residential, commercial, agricultural, or recreational use. Approximately 1,928 feet of road frontage enhances visibility and supports straightforward access for future planning.

Located minutes from the city of Decatur in Wise County, the site provides convenient reach to schools, services, and city amenities while still offering a quiet, rural setting. The property’s frontage along FM 51 is positioned to benefit from easy ingress and strong exposure.

For developers and investors, the size and mix of open ground and tree cover can support a range of concepts, from a planned community to other land-based ventures. For agricultural use, the open fields provide space for productive operations, while the overall rural feel also appeals to buyers looking to create a private retreat. The property’s combination of frontage, acreage, and varied landscape makes it a practical option for those exploring long-term growth in North Texas.

Key Highlights

  • 183‑acre property with well water and septic tank sewer service
  • Approximately 1,928 ft of road frontage along FM 51
  • Diverse terrain with open fields and scattered tree cover

Property Analytics

Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

What type of property is this?
Agricultural land / Farmland - Expansive acreage with strong road visibility, offering flexibility for development, agriculture, or a private rural retreat.
Where is this agricultural land / farmland located?
The property is located at FM 51 Decatur, TX.
What is the asking price?
The asking price for this property is $5,505,000.
What are key features of this property?
This property features: 183‑acre property with well water and septic tank sewer service; Approximately 1,928 ft of road frontage along FM 51; Diverse terrain with open fields and scattered tree cover
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More about this property
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