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$5,505,000

Price Reduction
Last reduced: Oct. 2nd, 2025
Reduction of
- $917,500 (14.29%)
Previous Price
$6,422,500
For Sale
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TBD FM 51, Decatur, TX 76234


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Estimated Monthly Payment
Mortgage (P&I)
$27,460.83
Estimated Tax
$8.75
Maintenance / HOA
$0.00
Homeowners Insurance
$3,670.00
Estimated Total
$31,139.58
*Estimate based on a typical 30 year fixed mortgage @ 6.37% APR, with 20% down payment and an HOI estimasted at .8% of price annually. Actual payments may be higher or lower. Information from Monthly Payment needs to be independently verified and not relied upon since the figure provided could be based on inaccurate presumptions.
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183.50 Lot Acres
Land / Unimproved Land
381 Day(s) on HAR.com

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About this property

This expansive 183-acre property offers a unique opportunity for developers, investors, or those looking to build a private retreat, minutes from the thriving city of Decatur. The property features approximately 1,928 feet of prime road frontage along FM 51, providing easy access and excellent visibility. With diverse terrain, including open fields and scattered tree cover, the land presents numerous possibilities for residential, commercial development, agricultural use, or recreational purposes. The proximity to Decatur ensures convenient access to city amenities, schools, and services, yet remains a peaceful, rural setting. This property is a rare find with endless potential, making it an excellent investment in one of North Texas's rapidly growing areas. Whether you're looking to create a residential community, start an agricultural operation, or simply enjoy the wide-open spaces, this land is a must-see.

Measurement in Ft-in Measurement in Metric
MLS#
NTREIS-20886478
List Price
$5,505,000
Price Reduction
Last reduced: Oct. 2nd, 2025
Reduction of
- $917,500 (14.29%)
Previous Price
$6,422,500
Listing Status
For Sale
Address
TBD FM 51
City
Decatur
State
TX
Zip Code
76234
County
Wise County
Subdivision
None
Legal Description
A-454 SAMUEL ISAACS 183.5000 ACRES
Property Type
Land / Unimproved Land
Lot Size
183.50 Lot Acres/ASSESSOR
LP / Acre
$30,000 / Acre
Road Frontage
FM

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Exterior

Lot Description
Acreage, Agricultural, Brush, Cleared, Many Trees, Cedar, Mesquite, Oak, Pasture, Tank/ Pond
Fencing
Barbed Wire,Perimeter,Wire
Easements
Pipeline,Utilities
Utility
Electricity Available,Private Sewer,Septic
Road Surface
FM Road

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Lot Size
183.50 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Lake Pump
No

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

Elementary School

Rann Elementary School

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Middle School

Mccarroll Middle School

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High School

Decatur High School

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Cannon Property Management & Cannon Realty, LLC
1210 S Business HWY 287, Decatur, 76234
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Cannon Property Management & Cannon Realty, LLC, is a Texas real estate firm, located at 1210 S Business HWY 287, Decatur, 76234. Cannon Property Management & Cannon Realty, LLC provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Cannon Property Management & Cannon Realty, LLC current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Cannon Property Management & Cannon Realty, LLC Agent Roster.
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 15, 2026 at 05:38 AM
Listing last updated Dec 18, 2025 at 09:58 AM
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TBD FM 51, Decatur, TX 76234. View photos, map, tax, nearby homes for sale, home values, school info...

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Listing agent
Kristal Campbell
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