# FM 51, Decatur, TX 76234

> **TL;DR:** land, $5,505,000. Est. $29,442/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,505,000 |
| Lot Size | 7,993,260 sqft (183.50 acres) |
| Property Type | Land (Other) |
| Status | Pending |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $27,836 |
| Estimated Insurance | $1,606 |
| **Total** | **$29,442** |

## Nearby Schools

- **Elementary:** Rann
- **Middle:** Mccarroll
- **High:** Decatur

## Property Highlights

- 183.50 acre lot

## Description

### Agent 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.

## Location

- **Address:** FM 51, Decatur, TX 76234
- **County:** Wise
- **Coordinates:** 33.276422, -97.537973
- **Google Maps:** https://www.google.com/maps?q=33.276422,-97.537973

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/20886478

## Listing Agent

- **Name:** Kristal Campbell
- **Brokerage:** Cannon Property Management & Cannon Realty, LLC
- **Broker Phone:** (940) 627-6265
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/109-Private-Road-3296_Decatur_TX_76234_M79550-01687?f=listhub&s=NTREIS&m=20886478&c=propsimple)

## Photos

![FM 51 - Photo 1](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f900837588r.jpg)

![FM 51 - Photo 2](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1806199331r.jpg)

![FM 51 - Photo 3](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f2872945383r.jpg)

![FM 51 - Photo 4](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1881927844r.jpg)

![FM 51 - Photo 5](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f18299390r.jpg)

![FM 51 - Photo 6](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f900837588r.jpg)

![FM 51 - Photo 7](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f666373122r.jpg)

![FM 51 - Photo 8](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3350186137r.jpg)

![FM 51 - Photo 9](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f297049081r.jpg)

![FM 51 - Photo 10](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1064694270r.jpg)

![FM 51 - Photo 11](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f2920592771r.jpg)

![FM 51 - Photo 12](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3350186137r.jpg)

![FM 51 - Photo 13](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f297049081r.jpg)

![FM 51 - Photo 14](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1064694270r.jpg)

![FM 51 - Photo 15](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3032684156r.jpg)

![FM 51 - Photo 16](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1994052503r.jpg)

![FM 51 - Photo 17](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3821090200r.jpg)

![FM 51 - Photo 18](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3447917152r.jpg)

![FM 51 - Photo 19](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f2671165053r.jpg)

![FM 51 - Photo 20](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3735969742r.jpg)

![FM 51 - Photo 21](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f68099498r.jpg)

![FM 51 - Photo 22](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f853334096r.jpg)

![FM 51 - Photo 23](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f903281958r.jpg)

![FM 51 - Photo 24](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3144510144r.jpg)

![FM 51 - Photo 25](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f433048209r.jpg)

![FM 51 - Photo 26](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3997627026r.jpg)

![FM 51 - Photo 27](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f3780022249r.jpg)

![FM 51 - Photo 28](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f2645290194r.jpg)

![FM 51 - Photo 29](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f997111495r.jpg)

![FM 51 - Photo 30](http://lh.rdcpix.com/7e2918a7f760dafbebc600b0d44dd38bl-f1616353996r.jpg)

---

**MLS#:** 20886478 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/fm-51-decatur-tx-76234-4802a5587e0f40ffab0d8190ec14332b)

---

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