Skip main navigation
Lot/land
  • $5,505,000

    Fm 51, Decatur, TX 76234

    --beds
    --baths
    183.5Acres
    Unimproved Land
    Built in ----
    183.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This expansive 183-acre property offers a unique opportunity for developers, investors, or those looking to build a private retreat, minutes from the thriving city of Decatur. The property features approximately 1,928 feet of prime road frontage along FM 51, providing easy access and excellent visibility. With diverse terrain, including open fields and scattered tree cover, the land presents numerous possibilities for residential, commercial development, agricultural use, or recreational purposes. The proximity to Decatur ensures convenient access to city amenities, schools, and services, yet remains a peaceful, rural setting. This property is a rare find with endless potential, making it an excellent investment in one of North Texas's rapidly growing areas. Whether you're looking to create a residential community, start an agricultural operation, or simply enjoy the wide-open spaces, this land is a must-see.
    359 days
    |
    42
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 18, 2025 at 07:46am

    Listed by:

    Kristal Campbell 0728032,

    Cannon Property Management & Cannon Realty, LLC 940-627-6265,

    Kassity Cannon 0835289 940-389-1782,

    Cannon Property Management & Cannon Realty, LLC

    Source: NTREIS,MLS#: 20886478

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Fencing: Barbed Wire,Perimeter,Wire
      Lot
      • Size: 183.5 Acres
      • Features: Acreage, Agricultural, Cleared, Hardwood Trees, Pasture, Pond on Lot, Many Trees, Wooded
      • Residential vegetation: Grassed, Partially Wooded, Wooded, Brush
      Details
      • Additional structures: Mobile Home
      • Parcel number: 740464
      • On leased land: Yes
      • Zoning description: Land Ag
      • Horses can be raised: Yes

      Utilities & green energy

      • Sewer: Private Sewer, Septic Tank
      • Utilities for property: Electricity Available, Sewer Available, Septic Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Decatur

      Financial & listing details

      • Annual tax amount: $105
      • Date on market: 3/31/2025
      • Cumulative days on market: 272 days
      • Listing terms: Cash,Conventional
      • Exclusions: Deer feeder and hunting blinds
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        10/2/2025Price change$5,505,000-7.7%
        Source: NTREIS #20886478 Report a problem
        5/30/2025Price change$5,963,750-7.1%
        Source: NTREIS #20886478 Report a problem
        3/31/2025Listed for sale$6,422,500
        Source: NTREIS #20886478 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Estimated monthly payment
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 76234

        Getting around

        5 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rann
        • Middle: Mccarroll
        • High: Decatur
        • District: Decatur ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 76234

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel