Sue Milam Reed, Broker Associate
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Ooo S Hwy 287, Decatur, TX 76234

$6,250,000
  • Ooo S Hwy 287, Decatur, TX 76234 Main Photo
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Active
LOT SIZE 105.000 acres MLS#21152657
STATUSActive PROPERTY TYPELand - Farm SCHOOLDecatur ISD

Property Description

Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development. Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649

Ooo S Hwy 287 | MLS# 21152657

This land located at Ooo S Hwy 287, Decatur, TX 76234 is currently listed for sale with an asking price of $6,250,000. The property has approximately 105.00 Acres. Ooo S Hwy 287 is located within the Decatur ISD school district. Search Decatur real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Farm
Cooling: None
Heating: None
Lot Size: 105.00 Acres

Feature Descriptions

Days on Site: 41
Exclusions: Mineral Rights
Fencing: Barbed Wire, Wire
Horse Amenities: Holding Pens
Lot: Acreage, Few Trees, Hilly, Pasture, Rolling Slope
Parcel#: 739594
Utilities: Gravel/Rock

Local Schools

Elementary School: Young
School District: Decatur ISD

Listed By / Shown By

Listed By

Agency Name: RE/MAX DFW Associates IV
Agency Contact: 972-971-6006
Agent Name: Marlene Bowdon

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 15,732.71 per month $13,909.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,822.92 Homeowner's Insurance

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