OOO S Hwy 287, Decatur, TX 76234
Local realty services provided by:CENTURY 21 Elite
Listed by: marlene bowdon
Office: re/max dfw associates iv
MLS#:21152657
Source:GDAR
Price summary
- Price:$6,250,000
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.
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Home facts
- Subdivision & Development:None
- Listing ID #:21152657
- Added:285 day(s) ago
- Updated:November 04, 2026 at 02:12 PM
Heating and cooling
- Cooling:None
- Heating:None
Structure and exterior
- Lot area:105 Acres
- Lot Features:Acreage, Few Trees, Pasture, Rolling Slope
Schools
- High school:Decatur
- Middle school:Mccarroll
- Elementary school:Young
Finances and disclosures
- Price:$6,250,000
- Tax amount:$74
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