3500 S Murvil Street, Decatur, TX 76234

Local realty services provided by:ERA Empower
3500 S Murvil Street,Decatur, TX 76234
$4,850,000
  • 139.85 Acres
  • Lots / Land
  • Active
Listed by: allen crumley
Office: williams trew real estate
MLS#:21130984
Source:GDAR

Price summary

  • Price:$4,850,000

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...

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Home facts

  • Listing ID #:21130984
  • Added:574 day(s) ago
  • Updated:May 20, 2026 at 11:46 AM

Structure and exterior

  • Lot area:139.85 Acres
  • Lot Features:Acreage, Agricultural, Pasture

Schools

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

Utilities

  • Water:Well

Finances and disclosures

  • Price:$4,850,000
  • Tax amount:$654
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 20, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Empower.