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OOO S Hwy 287

Decatur, TX 76234

$6,250,000

Land · 105 ac · $60K/ac

Acres105 acres
Price per acre$59,524 / acre
ZoningAgricultural
Road frontageHighway, Interstate
TypeUnimproved Land

What it costs to own

Taxes$74 per year
MUDNone listed
HOANone listed
Price per acre$59,524
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

HeatingNone
CoolingNone

Lot featuresAcreage, Few Trees, Hilly, Pasture, Rolling Slope
FencingBarbed Wire, Wire

ZoningAgricultural
RestrictionsDevelopment, Easement(s), Lease While on Market, Pipeline, Surface Lease(s)
EasementsPipeline, Utilities
Surface rightsAll, Easement, Mineral Easement
Documents availableAerial Photo, Topo Maps, Other

Mineral rights aren't stated in this listing — verify with the title company before purchase.

ElementaryYoung
Middle schoolMccarroll
High schoolDecatur
DistrictDecatur ISD

MLS #21152657
Source
Price changeIncreased by $4,125,000 · Feb 3, 2026
On the market263 days
CountyWise

Around this home

One moment…

Everyday life

Nearest groceryLowe's Market · 6.1 mi
Nearest parkKenny Renshaw Park · 5.7 mi

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Listing courtesy of RE/MAX DFW Associates IV — Marlene Bowdon.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21152657. Information last updated October 12, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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