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$3,200,000
21018795 MLS
Prime Multifamily Development Opportunity at the Northeast Corner of W. Thompson Street & S. Deer Park Road in Decatur, TX. This ±16.65-acre tract is strategically located in the heart of Decatur, TX, offering an exceptional opportunity for multifamily or mixed-use development. Positioned directly across from McCarroll Middle School and adjacent to the stabilized Crestview Place Apartments, the site benefits from strong surrounding demand drivers and excellent connectivity. Multifamily market fundamentals in the area are robust, with nearby properties such as Trophy Ridge (delivered in 2021) operating at 100% occupancy and maintaining waitlists — underscoring the acute demand for additional housing in the Decatur market. Property Highlights include - Zoning: Ideal for multifamily or mixed-use development (buyer to verify) Location: NE corner of W. Thompson St. & S. Deer Park Rd. Access: Excellent ingress-egress from both W. Thompson St. and S. Deer Park Rd. Surrounding Uses: Directly across from McCarroll Middle School, adjacent to Crestview Place Apts, near Trophy Ridge Apts (100% leased), and proximate to single-family subdivisions Nearby Commercial: Retail, dining, and service amenities located along SH 287 Major Employer Proximity: Minutes from Wise Regional Health System, one of the area’s largest employers Development Ready: Site plan and proposed development layout included with sale This site presents a rare opportunity to capitalize on strong rental demand in a high-growth corridor with proven absorption and stabilized assets nearby.

1202 W Thompson St Unit Land, Decatur

$430,000
20981584 MLS
If you’re seeking peaceful country living with easy access to the Metroplex, this property offers the best of both worlds. This beautifully prepared lot is ready for your dream home. Extensive groundwork has already been done, including complete site clearing, a solid entryway with concrete culverts, and a finished house pad. There is a 730-foot, 50-year rated road from the County Road to the homesite for long-lasting access and durability. You’ll also find 700 feet of underground electrical service already in place, complete with a transfer box on the north side of the property. The land is richly wooded with a mix of oak, pine, and evergreen trees—completely mesquite-free. A scenic creek runs along the back of the property, attracting native wildlife like Whitetail deer and enhancing the peaceful atmosphere. Walking trails have been cleared from the homesite to the creek, offering a serene retreat right on your own land. There are also 10 bee hives on the property which keeps the AG Exemption in place (only 8 hives are needed for AG Exemption). This property must be seen in person to truly appreciate all it has to offer. Please see the Transaction Desk for the Restrictions, Survey, and Lease for Bee Hives which has been paid for the year.

277 County Road 4461, Decatur

$5,505,000
20886478 MLS
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.

Tbd Fm 51, Decatur

$699,500
20459856 MLS
Come on out to the country! Enjoy the simple life in the highly sought after community of Slidell-Greenwood! Bring the animals and all the toys!! Bring your RV and live on the property while you build your forever home. This is a great property with an awesome hill for the perfect views and building site. This property is located just minutes from Slidell schools. Enjoy being minutes away from Greenwood Community where you will go back in time while enjoying old fashioned dining out and much more! The town of Decatur is just 15 minutes away where there are great places to eat and shop on the beautiful historical square. The property is currently under Ag use. There are several nice building sites. Easy access to Denton from Hwy 380 or FM 455 through Sanger to I-35.

Tbd County Rd, Decatur

$1,268,382
20760142 MLS
Developers, investors or simply an individual wanting your own property to build your home on, have a horse property or your own small ranch for cattle and livestock then you must check this out. This property is beautiful land with some rolling hills and slopes and views as far as you can see including incredible sunsets and the courthouse in Decatur. The view will greatly accent any development or plan you have. The total acreage is 42.87 acres of land just 4.6 miles north of Decatur off of N FM 730 on Old Decatur Road. This beautiful area will only add to whatever you desire your property to be, and it is only minutes to all of the amenities Decatur has to offer as well as on to the Metroplex. The acreage consists of 1,757 feet of county road frontage on Old Decatur Road giving it great access for any kind of development you want. Land like this is getting in short supply in our area and won't last long. SEE IT TODAY!

1952 Old Decatur Rd, Decatur