List Price
decreased
from $5,963,750
to $5,505,000
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.
Listing By: Kristal Campbell - Cannon Property Management & Cannon Realty, LLC 
- MLS# 20886478
- Date Listed03/30/2025
- Days on Realty 283 Days
- Bedrooms -
- Bathrooms
- Lot Size 183.5 acres (7,993,260 sq. ft)
- Sewer Septic Tank
- Subdivision None
- County Wise
Exterior / Lot Features
- Exterior Mobile Home
- Roof -
- Lot Size Acres 183.50
- Lot Size SQFT 7,993,260.00
- Lot Features Wooded, Agricultural, Cleared, Many Trees, Pasture
Financial Considerations
- Tax Amount $105
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
25/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 16/100.
Property Change History
List Price
decreased
from $6,422,500
to $5,963,750
Property Lot Features updated
Wooded, Agricultural, Many Trees, Pasture
→
Wooded, Agricultural, Cleared, Many Trees, Pasture
Property description updated with
new details
View Changes
Previous Description:
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.
Updated Description:
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.
Property Exterior Features updated
Horses OK, Mobile Home
→
Mobile Home
Points of Interest near TBD FM 51, Decatur, TX 76234
Frequently Asked Questions for TBD FM 51
Source: Realty.com
TBD FM 51, Decatur, TX 76234 is a Unimproved Land, Land property listed for $5,505,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 30 photos of TBD FM 51.
The full address for this home is TBD FM 51, Decatur, TX 76234.
TBD FM 51 has been listed on Realty.com since Sun March 30, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 16/100.
Listing provided courtesy of:
Cannon Property Management & Cannon Realty, Llc
(tel: 940-627-6265)
Listing agent:
Kristal Campbell
(#0728032)
This content last refreshed on 2026-01-07 18:56:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of TBD FM 51, Decatur, TX 76234 : MLS# 20886478
