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$250,000

NAL Estimated Property Value

2978 Us-380, Decatur, TX, 76234

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 1979

About this property

Prime development opportunity located in an ETJ directly along US Highway 380 in Decatur, Texas, one of North Texas’ fastest-growing corridors. This 2-acre parcel offers exceptional visibility, strong traffic exposure, and flexible future potential as Highway 380 continues to expand and densify. The land has a well thats over 100 feet and a septic system that has drainage plus a clean out. The property is a great land-value play for investors, developers, or owner-users seeking to reposition or redevelop the site. The existing mobile homes may be removed or provide interim use or holding income while future plans are finalized. Surrounded by a mix of commercial, industrial, and service-oriented uses, the site is well-suited for a variety of potential uses, including retail, office, contractor yard, storage, service commercial, or future mixed-use, subject to zoning and city approvals. At the buyer's request, all the trash and mobile homes can be removed.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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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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2978 Us-380 | Property Details | No Agent List