3500 S Murvil Street
Decatur, TX 76234
Listing courtesy of Allen Crumley, Williams Trew Real Estate
About this home
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.
Schools
- Elementary
- Carson
- Middle
- Mccarroll
- High
- Decatur
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21130984
- Property Type
- Land
- Status
- Active
- County
- Wise
- Subdivision
- None
- Lot Size
- 139.85 acres
- HOA Dues
- None
- Annual Taxes
- $654
- Days on Market
- 148 days
- Listed
- Dec 11, 2025
- Price per Sqft
- —
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $25,814
- Property taxes
- $55
- Homeowner's insurance (est.)
- $1,415
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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See all in Decatur→Listing courtesy of Susan Anderson, Briggs Freeman Sotheby's Int'l
Listing courtesy of Kristal Campbell, Cannon Property Management & Cannon Realty, LLC
Listing courtesy of Kristal Campbell, Cannon Property Management & Cannon Realty, LLC