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
Bedrooms-- Baths--

Monthly Estimate*

$ 33,895

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Commercial Property 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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Commercial Active

Price

$ 5,505,000

Property Type

Commercial

Taxes

$ 105

Style

Unimproved Land

Lot Size

183.5

Town/City

Decatur

County/Region

Wise

MLS | Web ID

20997413

Features
Exterior
Waterfront 0
Lot Features Acreage Agricultural Brush Cleared Many Trees Cedar Mesquite Oak Pasture Tank/ Pond Undivided
Lot Size Source Assessor
Lot Size Over 100 Acres
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General
Utilities Electricity Available Septic Well
Possession Closing/Funding
Exclusions Deer feeder and hunting blinds
Business Type Agriculture Other
Building Number 0
Property Subtype Unimproved Land
Subdivision Name None
Occupant Type Tenant
County Wise
Property Type Commercial Sale
Year Built Details Preowned
Special Notes Aerial Photo Build to Suit Deed Restrictions Environ. Study Complete Owner/ Agent Pipeline Survey Available Utility Easement
Status Active
Directions GPS Friendly
City Decatur
Floor Location Number 1
Standard Status Active
Listing Terms Cash Conventional
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Interior
Total Stories 1
Total Units 0
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* Excluded Features
List By
Kristal Campbell

Listing Agent

Cannon Property Management & Cannon Realty, Llc

Broker

Affordability Calculator

$33,904
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,895
Monthly Property Taxes
$9
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
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$5,505,000 -7.69% Price Down
7/11/2025$5,963,750 Listed Price

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TBD Fm 51, Decatur, TX, 76234 is a Commercial Property for sale at $5,505,000 with a lot size of 183.5. The property's zip code is 76234 which is in Decatur, TX