1202 W Thompson Street #Land, Decatur, TX 76234

Decatur
Local realty services provided by:ERA Newlin & Company
1202 W Thompson Street #Land,Decatur, TX 76234
$3,200,000
  • 16.65 Acres
  • Lots / Land
  • Active
Listed by: kristen holle
Office: keller williams fort worth
MLS#:21018795
Source:GDAR

Price summary

  • Price:$3,200,000

About this home

Prime Multifamily Development Opportunity at the Northeast Corner of W. Thompson Street & S. Deer Park Road in Decatur, TX. This ±16.65-acre tract is strategically located in the heart of Decatur, TX, offering an exceptional opportunity for multifamily or mixed-use development. Positioned directly across from McCarroll Middle School and adjacent to the stabilized Crestview Place Apartments, the site benefits from strong surrounding demand drivers and excellent connectivity. Multifamily market fundamentals in the area are robust, with nearby properties such as Trophy Ridge (delivered in 2021) operating at 100% occupancy and maintaining waitlists — underscoring the acute demand for additional housing in the Decatur market. Property Highlights include - Zoning: Ideal for multifamily or mixed-use development (buyer to verify) Location: NE corner of W. Thompson St. & S. Deer Park Rd. Access: Excellent ingress-egress from both W. Thompson St. and S. Deer Park Rd. Surrounding Uses:...

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Home facts

  • Listing ID #:21018795
  • Added:287 day(s) ago
  • Updated:May 15, 2026 at 11:55 AM

Structure and exterior

  • Lot area:16.65 Acres
  • Lot Features:Acreage, City Lot, Cleared

Schools

  • High school:Decatur
  • Middle school:Mccarroll
  • Elementary school:Carson

Finances and disclosures

  • Price:$3,200,000
  • Tax amount:$29,708
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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