About This Home

This land at OOO S Hwy 287 in Decatur, TX is listed for $6,250,000 (105.00 acres).

Key Features

  • 105.00 acre lot
Listing Description

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 ACREAGE PRICE IS NOT CORRECT AS SKEWED DUE TO TOTAL ACREAGE OF 309.

Location

OOO S Hwy 287

Decatur, TX 76234

Questions & Answers

This 0-bedroom, 0-bathroom land at OOO S Hwy 287 is listed at $6,250,000. The estimated monthly payment is $33,426 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 105.00 acre lot.

This property is listed by Marlene Bowdon.

MB

Marlene Bowdon

Agent at RE/MAX DFW Associates

Listed by RE/MAX DFW Associates · Broker phone: (972) 462-8181 · View on Broker Site · Broker website

MLS# 21152657· Source: North Texas Real Estate Information Systems, Inc.· 4 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

OOO S Hwy 287, Decatur, TX 76234

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