Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$4,850,000

3500 S Murvil Street, Decatur TX, 76234

Price per sqft$0.80
Lot size139.85 Acres
Property typeLand

Overview

Active

Updated 2 weeks ago

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.

Additional information

MLS® ID
21130984

Exterior Features

Lot Size
139.85 Acres

Other Property Details

Taxes
$654
Tax Frequency
Annually

Listed by Allen Crumley with Williams Trew Real Estate
Listing Contact: 817-480-9502 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 8/27/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 North Texas Real Estate Information Systems, Inc. all rights reserved.

Data last updated on 8/27/2026 at 9:08 PM UTC

Powered by Luxury Presence