TBD Fm 51 Decatur, TX $ 5,505,000
TBD Fm 51
$ 5,505,000
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TBD Fm 51

Decatur, TX, 76234
$ 5,505,000
Baths0.0

Monthly Estimate*

$ 34,344

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View a Virtual Tour
Studio

Lots and Land for sale in Decatur, TX

for $5,505,000. The lot size is 183.5.

This expansive 183-acre property offers a unique opportunity for developers, investors, or those looking to build a private retreat, minutes from the thriving city of Decatur. The property features approximately 1,928 feet of prime road frontage along FM 51, providing easy access and excellent visibility. With diverse terrain, including open fields and scattered tree cover, the land presents numerous possibilities for residential, commercial development, agricultural use, or recreational purposes. The proximity to Decatur ensures convenient access to city amenities, schools, and services, yet remains a peaceful, rural setting. This property is a rare find with endless potential, making it an excellent investment in one of North Texas's rapidly growing areas. Whether you're looking to create a residential community, start an agricultural operation, or simply enjoy the wide-open spaces, this land is a must-see.

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Lots and Land Active

Price

$ 5,505,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 105

Style

Unimproved Land

Lot Size

183.5

Town/City

Decatur

County/Region

Wise

MLS | Web ID

20886478

Features
General
Development Status Other
Utilities Electricity Available Private Sewer Septic
Possession Closing/Funding
current use Agricultural Cattle Crops and Livestock Grazing Pasture Unimproved Vacant
Restrictions Deed
School District Decatur ISD
Exclusions Deer feeder and hunting blinds
Property Subtype Unimproved Land
Subdivision Name None
Occupant Type Tenant
County Wise
Property Type Land
HOA Type None
Special Notes Aerial Photo Deed Restrictions Environ. Study Complete Survey Available
Status Active
Directions GPS Friendly
City Decatur
Elementary School Name Rann
High School Decatur
Elementary School Rann
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Brush Cleared Many Trees Cedar Mesquite Oak Pasture Tank/ Pond
Vegetation Brush Grassed Partially Wooded Wooded
Fencing Barbed Wire Perimeter Wire
Soil Type Unknown
Other Structures Mobile Home
Lot Size Source Assessor
Lot Size Over 100 Acres
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* Excluded Features
List By
Kristal Campbell

Listing Agent

Cannon Property Management & Cannon Realty, Llc

Broker

Affordability Calculator

$34,353
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,344
Monthly Property Taxes
$9
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3942709 Elementary School
3676423 Middle School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$5,505,000 -7.69% Price Down
5/30/2025$5,963,750 -7.14% Price Down
3/31/2025$6,422,500 Listed Price

Map


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TBD Fm 51, Decatur, TX, 76234 is a Lots and Land for sale at $5,505,000 with a lot size of 183.5. TBD Fm 51 is a studio with 0.0 baths. The property's zip code is 76234 which is in Decatur, TX