Developers and Investors ALERT- this property has great potential with preparation underway for HWY 287 to become an interstate. Property will sell with adjoining 105 acres that is listed under MLS#21152657. Total of 309 acres - $6,250,000.00 combined price. Mineral rights to be retained and surface rights only - Oil and Gas lease with approximately 5 well heads active on the property and per TARGA they are open to relocating the pipeline if needed. This can be done upon closing. Current cattle lease in play and can remain on the property for AG EXEMPTION.
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 Size204 Acres
Year Built0
MLS® Number21152649
StatusActive
Property Tax144
HOA/Condo/Coop FeesN/A
GENERAL
Acres204
Additional Property UseAgricultural, Commercial, Other
Land LeaseYes
Property Sub TypeUnimproved Land
Special CircumstancesStandard
ZoningAgricultural
EXTERIOR
FencingBarbed Wire, Fenced, Wire
Frontage1269
Lot FeaturesCleared, Agricultural, Few Trees, Pasture
Other StructuresCorral(s)
Road FrontageHighway, Interstate, State Road
COMMUNITY
Financing Terms Available1031 Exchange, All Inclusive Trust Deed, Cash, Conventional, Owner Will Carry, Private Financing Available
Horse AllowedYes
RoadsGravel
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: 2026-07-15 02:00 AM 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: 2026-07-15 02:00 AM CDT
Comps
An estimate is not available for this listing.
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