3500 S Murvil Street, Decatur, Texas

$4,850,000

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139.85

Acres

About 3500 S Murvil Street

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.

Features of 3500 S Murvil Street

MLS® # 21130984
Price $4,850,000
Acres 139.85
Type Land
Sub-Type Ranch
Status Active

Community Information

Address 3500 S Murvil Street
Subdivision None
City Decatur
County Wise
State Texas
Zip Code 76234-4021

Amenities

Utilities All Weather Road, Asphalt, Septic, Well
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Acreage, Agricultural, Pasture, Tank/ Pond

School Information

District Decatur ISD
Elementary Carson
Middle Mccarroll
High Decatur

Additional Information

Zoning None
Short Sale No
RE / Bank Owned No

Listing Details

AgentAllen Crumley
OfficeWilliams Trew Real Estate
Contact Info817-480-9502

Listing Map

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