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3500 S Murvil Street, Decatur, TX 76234

$4,850,000
  • 3500 S Murvil Street, Decatur, TX 76234 Main Photo

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Active Price Reduced by $430,000 on May 8th, 2026
LOT SIZE 139.854 acres MLS#21130984
STATUSActive PROPERTY TYPELand - Residential SCHOOLDecatur ISD

Property Description

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 from day one.Land like this — exempt, unrestricted, watered, improved, and minutes from town — doesn't sit long. Buyer and buyer's agent to independently verify all property details.

3500 S Murvil Street | MLS# 21130984

This land located at 3500 S Murvil Street, Decatur, TX 76234 is currently listed for sale with an asking price of $4,850,000. The property has approximately 139.85 Acres. S Murvil Street is located within the Decatur ISD school district. Search Decatur real estate on karenschaeper.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 139.85 Acres

Feature Descriptions

Days on Site: 148
Exclusions: Minerals
Lot: Acreage, Agricultural, Pasture, Tank/ Pond
Lot Dimensions: tbv
Parcel#: 740295
Utilities: All Weather Road, Asphalt, Septic, Well

Local Schools

Elementary School: Carson
School District: Decatur ISD

Listed By / Shown By

Listed By

Agency Name: Williams Trew Real Estate
Agency Contact: 817-480-9502
Agent Name: Allen Crumley

agent picture

Shown By

Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors

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Estimated Payment

$ 12,208.58 per month $10,794.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,414.58 Homeowner's Insurance

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