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259 DAYSLAND · NONE

$4,850,000

3500 S Murvil Street, Decatur, TX 76234
0 BD · 0 BA · 0 SQFT

None, Decatur — 259 days on the market.

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.

01 — THE NUMBERS
DAYS ON MARKET
259
$ / SQFT
$Infinity
PROPERTY TYPE
Land
YEAR BUILT
0
STATUS
Active
LISTED
FEB 11
LOT
139.854 AC
02 — KNOW THE CITY
DecaturFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($575K · NTREIS)
+743% VS MEDIANDECATUR ISD · WISE COUNTY · 64 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYCarson
MIDDLEMccarroll
HIGHDecatur
DISTRICTDecatur ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF WILLIAMS TREW REAL ESTATEMLS# 21130984 · NTREIS
LAST UPDATED AUG 27, 2026, 4:04 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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