OOO S Hwy 287, Decatur, TX 76234
OOO S Hwy 287, Decatur, TX 76234
OOO S Hwy 287, Decatur, TX 76234
OOO S Hwy 287, Decatur, TX 76234
OOO S Hwy 287, Decatur, TX 76234
OOO S Hwy 287, Decatur, TX 76234
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$ 6,250,000
Est. payment | /mo

105 Acres Lot


$ 6,250,000
Est. payment | /mo

105 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21152657

HOA Y/N No

Annual Tax Amount $74

Lot Size 105.000 Acres

Acres 105.0

Property Sub-Type Unimproved Land

Property Description

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.

Location

State TX

County Wise

Zoning Agricultural

Direction North on HWY 287 past Rhome - on the South side of Hwy as you approach Decatur exit - see GPA

Rooms

Other Rooms Corral(s)

Interior

Heating None

Cooling None

Fireplace No

Exterior

Fence Barbed Wire, Wire

Present Use Cattle,Commercial,Other,Pasture

Topography Hill

Street Surface Concrete,Gravel

Road Frontage Highway, Interstate

Private Pool No

Building

Lot Description Acreage, Pasture, Rolling Slope, Few Trees

Additional Building Corral(s)

Schools

Elementary Schools Young

Middle Schools Mccarroll

High Schools Decatur

School District Decatur Isd

Others

Senior Community No

Tax ID 739594

Acceptable Financing All Inclusive Trust Deed, Cash, Conventional, Contract, 1031 Exchange, Federal Land Bank, Owner Will Carry, See Agent

Listing Terms All Inclusive Trust Deed, Cash, Conventional, Contract, 1031 Exchange, Federal Land Bank, Owner Will Carry, See Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21152657

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
Listed by  Marlene Bowdon • RE/MAX DFW Associates IV

Nearby Locations

Rise Realty

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OOO S Hwy 287

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