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3500 S Murvil Street

Decatur, TX 76234
  • $4,850,000
  • STATUS: Active
  • ON SITE: 267 Days
  • MLS #: 21130984
UPDATED: 67 min ago
$4,850,000
  • 0
    BEDS
  • 139.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Allen Crumley of Williams Trew Real Estate: 817-480-9502.

Description

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-05T09:43:47.907.
www.mackgroupre.com/homes/171300743
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3500 S Murvil Street Decatur, TX 76234

  • Price: $4,850,000
  • Status: Active
  • On Site: 267 Days
  • Updated: 67 min ago
  • MLS #: 21130984
0
Beds
0
Baths
0
½ Baths
139.85
Acres
Neighborhood:
None
County:
Wise
Area:
Decatur
Elementary School:
Carson
High School:
Decatur
School District:
DECATUR ISD
Property Description
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.
Exterior Features

Frontage Feet 1900 Lot Description AcreageAgriculturalPastureTank/ Pond Lot Dimensions tbv Road Frontage Type City StreetCounty Road Road Surface Type Asphalt Waterfront YN No

Property Features

AGExemption Yes Barns1 0 Crop Retire Program No Current Use AgriculturalCattleFisheryHunting/FishingLivestockRanchRecreationalResidentialSee Remarks Development Unzoned Easements PipelineUtilities Exclusions Minerals HOA None Horse Permitted Yes Listing Terms CashConventional Municipal Utility District No Possession Closing/FundingNegotiable Property Type Ranch Restrictions No Known Restriction(s) Unexempt Taxes 654 Utilities All Weather RoadAsphaltSepticWell Will Subdivide No Zoning None

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-05T09:43:47.907.
 
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The Mack Group - Fathom Realty
6841 Virginia Pkwy #103-448
McKinney TX, 75071
Offered by Allen Crumley of Williams Trew Real Estate: 817-480-9502.