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Agricultural Land with Road Frontage
For Sale
$5,505,000
Pending

FM 51, Decatur, TX 76234

CommercialSale, Decatur, TX

Property SizeContact for details
Lot Size183.50 Acres
Days on Market87

Property Features for FM 51

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Outside city limits
Vegetation Brush
Lot features Acreage, Agricultural, Cleared, Hardwood Trees, Pasture, Pond On Lot, Many Trees, Wooded
Directions GPS Friendly
Standard status Pending
APN 740464
Lot size 183.50 Acres

Taxes and HOA fees

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

Utilities

Sewer type Septic Tank
Water source Well

Building Details

Floors in Building 1
Listing Agency: Cannon Property Management & Cannon Realty, LLC
Listed By: Kristal Campbell · License #0728032
Added: Jun 8 Changed: Aug 24 Last Checked: Sep 2 at 9:06AM
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 183.5-acre agricultural tract combines open fields with scattered tree cover in a rural setting. Approximately 1,928 feet of frontage along FM 51 provides direct road access, while a well supplies water and a septic tank provides wastewater service.

The property is located near Decatur, offering access to city amenities, schools, and services while retaining a spacious rural character. The land may support agricultural, residential, commercial, or recreational plans, subject to applicable approvals and site requirements.

Key Highlights

  • 183.5‑acre agricultural land tract
  • Approximately 1,928 feet of frontage along FM 51
  • Open fields with scattered tree cover

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

4
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?
Agricultural land / Farmland - Rural acreage with open fields, scattered trees, and access to water and septic systems.
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: 183.5‑acre agricultural land tract; Approximately 1,928 feet of frontage along FM 51; Open fields with scattered tree cover
More about this property
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