Highway 380 & FM 51
Decatur, TX 76234
90+ Acres of Undeveloped Land - Decatur, TX · Land For Sale · 90.60 AC

FIRST TIME LAND OFFERING – 90.6 ACRES – 15 PARCELS – $3,695,000 – located at corner of FM 51 & HWY 380, DECATUR, TX Feed Simple Interest: $3,695,000 ($1.1/SF or $40,800/Acre) offering price Situated on the prime NW corner of HWY 380 and FM 51 and comprised of 15 attached parcels with approx. 1 mile of frontage on FM 51. Multi Use Zoning - LI, Light Industrial. Currently AG EXEMPT for taxes. Owner is seeking to sell all parcels together which include: 731412, 751657, 733077, 733061, 733065, 741192, 796054, 796055, 796056, 796057, 796058, 796059, 786060, 796061, 796062… will consider single parcel or multi parcel offers. LAND/PROPERTY FACTS: • Opportunity to buy large amount of acreage in rapidly growing town • One of the last remaining prime corners at the highway intersection • Recently built Shell gas station in adjacent corner of highway interchange • Potential for owner user - gas station, retail, hotel, car dealership, home improvement stores, hospital, last mile distribution, power plant, farming • 90.6 acres in total (will consider offers on single parcels) • 15 Parcels (currently AG Exempt for taxes) • 1 mile of frontage along FM 51 • Multi Use Zoning - LI, Light Industrial (retail, hotel, hospital, utility plant, car dealership, last-mile, farm/ranch) • Ranch home being sold AS IS The ranch home on parcel 733064 conveys with the purchase and is being sold AS IS. Please reach out to agent with any questions on this first time offering. Seller's personal home at 600 Greenwood on 3.216 acres is also for sale separately, and sits adjacent to the offering. TX License #817764