Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development. Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649
MORTGAGE CALCULATOR
$31,603
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$6,250,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size105 Acres
Year Built0
MLS® Number21152657
StatusActive
Property Tax74
HOA/Condo/Coop FeesN/A
GENERAL
Acres105
Additional Property UseCattle, Commercial, Pasture, Other
Land LeaseYes
Property Sub TypeUnimproved Land
Special CircumstancesStandard
ZoningAgricultural
EXTERIOR
FencingBarbed Wire, Wire
Frontage1269
Lot FeaturesCleared, Few Trees, Pasture, Rolling Slope
Other StructuresCorral(s)
Road FrontageHighway, Interstate
COMMUNITY
Financing Terms Available1031 Exchange, All Inclusive Trust Deed, Cash, Contract, Conventional, Owner Will Carry
Horse AllowedYes
RoadsConcrete
School DistrictDecatur ISD
SCHOOLS
School DistrictDecatur ISD
Elementary SchoolYoung
Middle SchoolMccarroll
High SchoolDecatur
RECENT ACTIVITY
February 3, 20266250000
January 22, 2026Active
Listing courtesy of RE/MAX DFW Associates IV (972-971-6006)
Listing courtesy of Marlene Bowdon of RE/MAX DFW Associates IV marlenebowdon@remax.net
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-14 11:04 PM CDT
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-14 11:04 PM CDT
Comps
An estimate is not available for this listing.
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