Property details
About TBD Fm 51
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.
Highlights
Virtual tour
Summary
- List Price: $5,963,750
- Lot: Agricultural, Cleared, Trees, Pasture, Many Trees, Wooded
- Directions: GPS Friendly
- Lot Size: 183.5 Acres
- MLS Number: 20886478
- MLS Name: NTR
- Office Name: Cannon Property Management & Cannon Realty, LLC
- Office Phone: (940) 627-6265
- Listing Agent: Kristal Campbell, Kassity Cannon
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 7/25/2025, 12:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Paradise Intermediate School
Public District 4-5
2.8 mi
•338 School House Rd
7
Paradise Elementary School
Public District PK-3
3.0 mi
•338 School House Rd
8
Young Elementary School
Public District PK-5
4.3 mi
•379 Buchanan Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,580. Most Decatur, TX residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About TBD Fm 51
The listing price of TBD Fm 51 property is $5,963,750.
The property TBD Fm 51 is land located in Decatur, Texas, 76234.
Active Listing: TBD Fm 51 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for TBD Fm 51 are: Paradise Intermediate School (GreatSchools Rating 5/10), Paradise Elementary School (GreatSchools Rating 7/10), Young Elementary School (GreatSchools Rating 8/10), Paradise Middle School (GreatSchools Rating 4/10), Boyd Middle School (GreatSchools Rating 7/10), McCarroll Middle School (GreatSchools Rating 5/10), Paradise High School (GreatSchools Rating 8/10), Boyd High School (GreatSchools Rating 7/10), Decatur High School (GreatSchools Rating 5/10).
The property TBD Fm 51 is 183.5 acres.
This home is located at TBD Fm 51 in Decatur, TX and zip code 76234. Features: 0 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $5,963,750.
Between May and June 2025, Decatur, TX real estate market has seen increase in the number of listings by 9.7%. The median list price of listings available in June 2025 was $444,500, while the average time on the real estate market was 86 days.