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Lot/land
  • $4,850,000

    3500 Murvil St, Decatur, TX 76234

    --beds
    0baths
    139.85Acres
    Unimproved Land
    Built in ----
    139.85 Acres Lot
    $383,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Just Reduced - 140A± Acres on the Edge of Decatur. A rare opportunity to own 140A± 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. ________________________________________________________________________ This property is exclusively listed For Sale by , Associate Broker with Williams Trew. Prospective buyers may be required to furnish proof of funds or a bank reference letter prior to scheduling a showing. No trespassing is permitted, and all showings must be coordinated in advance and accompanied by the seller's agent. The information contained herein has been obtained from sources deemed reliable; however, neither Williams Trew nor Ebby Halliday makes any representation or warranty, express or implied, as to its accuracy or completeness. This offering is subject to errors, omissions, changes in price or terms, prior sale, or withdrawal from the market without notice. Buyers and their representatives are advised to independently verify all information, including but not limited to acreage, boundaries, improvements, utilities, mineral rights, and any easements or encumbrances of record. For additional information or to schedule a private showing, please contact directly at .
    365 days
    7
    2

    Zillow last checked:

    Listed by:

    Allen Crumley,

    Williams Trew 817-862-4459

    Source: REALSTACK,MLS#: 66505

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
      Video & virtual tour

      Property

      Lot
      • Size: 139.85 Acres
      Details
      • Parcel number: 740294

      Community & HOA

      Location
      • Region: Decatur

      Financial & listing details

      • Tax assessed value: $332,844
      • Annual tax amount: $3,997
      • Date on market: 9/11/2025
      • Lease term: Contact For Details

        Estimated market value

        $383,800

        $330,000 - $438,000

        $2,493/mo

        Price history

        DateEventPrice
        5/8/2026Price change$4,850,000-8.1%
        Source: REALSTACK #66505 Report a problem
        9/11/2025Listed for sale$5,280,000
        Source: REALSTACK #66505 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,997 -2.4%$332,844 -1%
        2024$4,097 +862.2%$336,353 +26.3%
        2023$426 $266,280 +10%
        2022-- $242,073 +10%
        2021$665 +0.7%$220,070 +5.1%
        2020$661 +1.7%$209,300 +2.3%
        2019$649 +1.1%$204,570 +4.6%
        2018$642 +1.8%$195,560 +16.5%
        2017$631 $167,890 +3.5%
        2016-- $162,180 +19.3%
        2015-- $135,930 +4.4%
        2014-- $130,210 -1.2%
        2013-- $131,800
        2012-- $131,800 -10.8%
        2011-- $147,710
        2010-- $147,710
        2009-- $147,710
        2008-- $147,710
        2007-- $147,710
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76234

        Getting around

        2 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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