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3500 S Murvil ST Decatur, TX 76234

Active

UPDATED:

$ 4,850,000
3500 S Murvil ST Decatur, TX 76234
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3500 S Murvil ST, Decatur, TX 76234
3500 S Murvil ST, Decatur, TX 76234
3500 S Murvil ST, Decatur, TX 76234
3500 S Murvil ST, Decatur, TX 76234
3500 S Murvil ST, Decatur, TX 76234
3500 S Murvil ST, Decatur, TX 76234
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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GP Theriot IV

GP Theriot IV

gp@gptheriot.com +1(214) 789-5888
$ 4,850,000
Est. payment | /mo

139.85 Acres Lot


Save Virtual Tour
$ 4,850,000
Est. payment | /mo
Save Virtual Tour

139.85 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21130984

HOA Y/N No

Annual Tax Amount $654

Lot Size 139.854 Acres

Acres 139.854

Lot Dimensions tbv

Property Sub-Type Ranch

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.

Location

State TX

County Wise

Zoning None

Direction From Hwy 287 and FM 51, head south in 51 2 miles to Murvil St, right on Murvil, property on left.

Interior

Fireplace No

Exterior

Utilities Available Septic Available, Water Available

Water Access Desc Well

Present Use Agricultural,Cattle,Fishery,Hunting,Livestock,Ranch,Residential,Recreational,Single Family,See Remarks

Street Surface Asphalt

Road Frontage County Road, City Street, All Weather Road

Private Pool No

Building

Lot Description Acreage, Agricultural, Pasture, Pond on Lot

Sewer Septic Tank

Water Well

Schools

Elementary Schools Carson

Middle Schools Mccarroll

High Schools Decatur

School District Decatur Isd

Others

Tax ID 740295

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21130984

Nearby Locations

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GP Theriot IV
GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

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3500 S Murvil ST

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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Broker - TransparentProud Partner of FGP

eXp Realty

GP Theriot IV Lic# 0817775

+1(214) 789-5888 gp@gptheriot.com

5605 North McArthur Blvd, Irving, TX 75038, USA

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