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Land for Sale in Decatur, Texas

FM 51, Decatur, TX 76234

$5,505,000
184 acres
Active
$459k drop
Est $45,051/mo

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.

Location

Street address
FM 51
Elevation
879 feet
Coordinates
33.2764, -97.538

Property details

Acreage
183.5 acres
MLS #
NTREIS 20886478
Posted

Parcels

  • 740464

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Exterior

Fencing
Fenced
Features
Fence

Nearby schools

NameLevelDistrictDescription
RannElementary

Listing history

DateEventPriceChangeSource
Oct 3, 2025Price drop$5,505,000$458,750 -7.7%NTREIS
May 31, 2025Price drop$5,963,750$458,750 -7.1%NTREIS
May 14, 2025New listing$6,422,500NTREIS
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This 183.5-acre property is located at FM 51 in Decatur, TX 76234. The property is available for sale for $5,505,000 with a price per acre of $30,000.

Checked 1 hour ago — Updated

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Kristal Campbell
Cannon Property Management & Cannon Realty
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