Decatur, TX Unimproved
For Sale
$6,250,000
OOO S Hwy 287, Decatur, TX 76234
Land, Decatur, TX
Property SizeContact for details
Lot Size105.00 Acres
Days on Market138
Property Features for OOO S Hwy 287
General Information
Property type
Land
Property subtype
Other
Zoning description
Agricultural
Vegetation
Brush, Cleared
Lot features
Acreage, Pasture, Rolling Slope, Few Trees
Elementary school
Young
Middle school
Mccarroll
High school
Decatur
Elementary school district
Decatur ISD
Middle school district
Decatur ISD
High school district
Decatur ISD
Directions
North on HWY 287 past Rhome - on the South side of Hwy as you approach Decatur exit - see GPA
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
Legal Description
A-406 S HANCOCK 105. ACRES
Building Details
Additional Structures
Corral(s)
Listing Agency:
RE/MAX DFW Associates IV · RE/MAX International
(972) 539-3550
Listed By:
Marlene Bowdon · License #0595573
(972) 462-8181
Added: Apr 8
Changed: Aug 19
Last Checked: Aug 23 at 1:06PM
MLS# 21152657
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 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
Current Use
Location Intelligence
Trade Area within ½ mile
632
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
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Frequently Asked Questions
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.
