Paragon Realtors Real Estate

3500 S Murvil StreetDecatur, TX 76234Price: $4,850,000

  • Price: $4,850,000
  • Est. Mortgage of $/month
  • 155 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,850,000List Price
  • 139.85Acreage

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Listed by Allen Crumley of Williams Trew Real Estate (817-480-9502)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 6:30 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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