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700 S Deer Park Road Decatur, TX $ 2,100,000
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$ 2,100,000 Get more info
700 S Deer Park Road
$ 2,100,000
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700 S Deer Park Road

Decatur, TX, 76234
$ 2,100,000
Baths0.0

Monthly Estimate*

$ 12,930

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Studio

Lots and Land for sale in Decatur, TX

for $2,100,000. The lot size is 5.

Exceptional opportunity to acquire a shovel-ready, entitled 61-unit townhome development site in the rapidly expanding Hwy 380 growth corridor of Decatur, Texas. Positioned just south of Hwy 380, this site offers excellent access and visibility within one of North Texas’ most active residential expansion zones. The property is fully entitled for 61 townhome units, allowing a developer to move directly into construction with minimal entitlement risk. The site is ideally suited for for-sale townhomes, build-to-rent product, or a hybrid residential strategy, catering to strong regional demand driven by population growth, employment expansion, and ongoing infrastructure investment. Surrounded by new residential communities, retail, and commercial development, the location benefits from proximity to major regional routes connecting Denton, Fort Worth, and the greater DFW Metroplex. Utilities are available nearby, and the site configuration supports efficient unit layout and absorption. This offering represents a rare, turnkey development opportunity in an undersupplied submarket with proven demand for quality townhome product. Highlights:     •    61-unit entitled townhome development site     •    Shovel-ready status •. Plans and permits approved     •    Prime Hwy 380 corridor location     •    Strong residential growth market     •    Ideal for for-sale or build-to-rent development     •    Convenient access to Denton, Fort Worth, and DFW  •  Potential builder incentives

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Lots and Land Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Improved Land

Lot Size

5

Town/City

Decatur

County/Region

Wise

MLS | Web ID

21159944
Features
General
Development Status Plat Approved Zoned
Utilities City Sewer City Water Electricity Available Natural Gas Available Sewer Available
Possession Closing/Funding
Restrictions No Restrictions
School District Decatur ISD
Property Subtype Improved Land
Subdivision Name NA
County Wise
Property Type Land
HOA Type None
Status Active
Directions From I-35W take Exit 60 FM 51 Decatur. Head west on FM 51 SE 28th St for about 2.3 miles. Turn right onto S Deer Park Rd and continue 0.7 miles. The property will be on the right at 700 S Deer Park R
City Decatur
Elementary School Name Carson
High School Decatur
Elementary School Carson
Standard Status Active
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Exterior
Waterfront 0
Lot Features Acreage Level
Lot Size 5 to < 10 Acres
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Ryan OConnor

Listing Agent

Agency Dallas Park Cities, Llc

Broker

Affordability Calculator

$12,930
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,930
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
287284 Elementary School
3676423 Middle School
See complete school information
Pricing History
Date Price Price Change Description
1/21/2026 $2,100,000 Listed Price

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700 S Deer Park Road, Decatur, TX, 76234 is a Lots and Land for sale at $2,100,000 with a lot size of 5. 700 S Deer Park Road is a studio with 0.0 baths. The property's zip code is 76234 which is in Decatur, TX

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