About This Home
This land at OOO S Hwy 287 in Decatur, TX is listed for $6,250,000 (105.00 acres).
Key Features
- 105.00 acre lot
Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development.
Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649 ACREAGE PRICE IS NOT CORRECT AS SKEWED DUE TO TOTAL ACREAGE OF 309.
Location
OOO S Hwy 287
Decatur, TX 76234
Questions & Answers
This 0-bedroom, 0-bathroom land at OOO S Hwy 287 is listed at $6,250,000. The estimated monthly payment is $33,426 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 105.00 acre lot.
This property is listed by Marlene Bowdon and can be reached at (972) 462-8181.