3500 S Murvil Street
Decatur, Texas 76234
139.85Acres(Lot)
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–
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
All Weather Road,Asphalt,Septic,Well
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Lot Information
Lot Size (Acr): 139.8540 Lot Size Units: Acres Lot Size Square Feet: 6,092,040 Lot Features: Acreage,Agricultural,Pasture,Tank/ Pond -
Property Information
Property Type: Land Property Sub Type: Ranch Subdivision: None City: Decatur State: Texas Directions: From Hwy 287 and FM 51, head south in 51 2 miles to Murvil St, right on Murvil, property on left. Property Status: Active Exclusions: Minerals
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Listing Price Information
Original List Price: $4,850,000 -
Listing Information
Possession: Closing/Funding,Negotiable
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Tax Information
Parcel Number: 740295 Tax Legal Description: A-454 SAMUEL ISAACS 127.5000 ACRES Unexempt Taxes: $654
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Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Carson Middle School: Mccarroll High School: Decatur School District: Decatur ISD -
Utility Information
Utilities: All Weather Road,Asphalt,Septic,Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9725 Atcheson Road, Decatur, TX, 76234 | $569,000 | -- | -- | -- | 10.01 Acres(Lot) |
| TBD LOT 1 Fm 455, Decatur, TX, 76234 | $185,000 | -- | -- | -- | 1.91 Acres(Lot) |
| TBD LOT 2 Fm 455, Decatur, TX, 76234 | $185,000 | -- | -- | -- | 1.91 Acres(Lot) |
| 000 Fm 455, Decatur, TX, 76234 | $489,000 | -- | -- | -- | 11.47 Acres(Lot) |
| 640 County Road 379, Decatur, TX, 76234 | $135,000 | -- | -- | -- | 3.47 Acres(Lot) |
| 171 Cr-2825, Decatur, TX, 76234 | $400,000 | -- | -- | -- | 13.94 Acres(Lot) |
| 189 Nautilus Court, Decatur, TX, 76234 | $1,995,000 | 5 | 3 | 4,704 | 31 Acres(Lot) |
| TBD 7 County Rd 2830, Decatur, TX, 76234 | $65,000 | -- | -- | -- | 1 Acre(Lot) |
| 170 Quail Run Court, Decatur, TX, 76234 | $190,000 | -- | -- | -- | 2.88 Acres(Lot) |
| 340 Private Road 4512, Decatur, TX, 76234 | $351,050 | -- | -- | -- | 10.03 Acres(Lot) |
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ByOwner last updated this listing 06/19/2026 @ 23:14
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