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$2,999,999

0 N US HWY 287, Decatur, TX, 76234

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

94 ± acres in Decatur on Highway 287. This is an absolutely beautiful tract, with many hardwood trees and 2 ponds. This property is currently not in the City Limits, and is in AG. It has the potential to be turned into an amazing horse property, or luxury homestead. It also has high development potential, being only 2 miles North of the 287 - 380 interchange and having roughly 450 feet of road frontage on the West side of Highway 287. This Northern corridor of 287 has many potential commercial applications, and is being utilized commercially by many other users. The seller of the property has received communication from TxDot, relating to the proposed expansion of this section of 287, which would result in easier access to the property via service roads. This would also likely increase traffic counts through this section of the Highway. If you would like further information about the property or regarding the future thoroughfare planning, please call the listing agent.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month

Interested in this property?

Logan Winstead

CLARK REAL ESTATE GROUP

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Decatur

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0 N US HWY 287 | Property Details | No Agent List