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Tbd FM 51

Decatur, TX 76234

$5,505,000 Pending

Land · 183.5 ac · $30K/ac

Acres183.5 acres
Price per acre$30,000 / acre
ZoningLand Ag
Road frontageFM Road
SewerPrivate Sewer, Septic
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

Taxes$105 per year
MUDIn a Municipal Utility District (MUD)
HOANone listed
Price per acre$30,000
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

This expansive 183-acre property offers a unique opportunity for developers, investors, or those looking to build a private retreat, minutes from the thriving city of Decatur. The property features approximately 1,928 feet of prime road frontage along FM 51, providing easy access and excellent visibility. With diverse terrain, including open fields and scattered tree cover, the land presents numerous possibilities for residential, commercial development, agricultural use, or recreational purposes. The proximity to Decatur ensures convenient access to city amenities, schools, and services, yet remains a peaceful, rural setting.
This property is a rare find with endless potential, making it an excellent investment in one of North Texas's rapidly growing areas. Whether you're looking to create a residential community, start an agricultural operation, or simply enjoy the wide-open spaces, this land is a must-see.

The details

Lot featuresAcreage, Agricultural, Brush, Cleared, Many Trees, Cedar, Mesquite, Oak, Pasture, Tank/ Pond
FencingBarbed Wire, Perimeter, Wire
SewerPrivate Sewer, Septic
ElectricElectricity Available

ZoningLand Ag
RestrictionsDeed
EasementsPipeline, Utilities
Surface rightsExist, Mineral Easement
Documents availableAerial Photo, Environmental Impact Study, Survey

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

ElementaryRann
Middle schoolMccarroll
High schoolDecatur
DistrictDecatur ISD

MLS #20886478
Source
Price changeReduced by $458,750 · Oct 2, 2025
On the market500 days
CountyWise

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 4.8 mi
Nearest parkLouida "Big Mama" Willis Park · 3.5 mi

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Listing courtesy of Cannon Property Management & Cannon Realty, LLC — Kristal Campbell.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20886478. Information last updated August 24, 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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