Just Reduced - 140± Acres on the Edge of Decatur. A rare opportunity to own 140± acres with an active ag exemption, sitting just outside the Decatur city limits within the ETJ. Tracts of this size, quality, and proximity rarely come to market. The property enjoys easy access to FM 51, with over 1,900 feet of frontage on Murvil Street and no deed restrictions - leaving the door wide open for continued ag use, future development, or a generational family holding. Decatur Middle and High Schools are less than 1.5 miles away, strengthening long-term residential value. Surface water is well distributed across the tract and anchored by a 1.5-acre pond, and the entire property lies outside the designated floodplain. Groundwater is plentiful in the area, with regional wells typically running 200-400 feet. Improvements include a well-kept ~2,700 sq ft single-story home, a small RV park, and infrastructure supporting an established cattle operation - turnkey functionality and immediate income from day one. Land like this - exempt, unrestricted, watered, improved, and minutes from town - doesn't sit long. Buyer and buyer's agent to independently verify all property details.
| MLS # | 21130984 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 320 |
| Listing Provided By | Williams Trew Real Estate | Allen Crumley |
| Zoning | None |
|---|---|
| Acreage | 139.85 |
| Lot Features | Acreage, Agricultural, Pasture, Tank/ Pond |
|---|
| Utilities | All Weather Road, Asphalt, Septic, Well |
|---|
| Unexempt Taxes | 654 |
|---|---|
| Tax Legal Description | A-454 SAMUEL ISAACS 127.5000 ACRES |
| State | TX |
|---|---|
| County | Wise |
| City | Decatur |
| Zip Code | 76234 |
| Area | Wise |
| School District | Decatur ISD |
| Elementary School | Carson |
| High School | Decatur |
| Listing VS Median (in 76234) | |
Price: $4,850,000 low | high Med: $467,000 On site: 320 low | high Med: 48.5 | |
| State | TX |
|---|---|
| County | Wise |
| City | Decatur |
| Zip Code | 76234 |
| Area | Wise |
| School District | Decatur ISD |
| Elementary School | Carson |
| High School | Decatur |
| Listing VS Median (in 76234) | |
Price: $4,850,000 low | high Med: $467,000 On site: 320 low | high Med: 48.5 | |