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.
Status Change History
| Date | Details | Status |
|---|---|---|
| Aug 24, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Aug 12, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Features of Tbd Fm 51
| MLS® # | 20886478 |
|---|---|
| Price | $5,505,000 |
| Acres | 183.50 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Pending |
Community Information
| Address | Tbd Fm 51 |
|---|---|
| Subdivision | None |
| City | Decatur |
| County | Wise |
| State | Texas |
| Zip Code | 76234 |
Amenities
| Utilities | Electricity Available, Private Sewer, Septic |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Agricultural, Brush, Cleared, Many Trees, Cedar, Mesquite, Oak, Pasture, Tank/ Pond |
|---|
School Information
| District | Decatur ISD |
|---|---|
| Elementary | Rann |
| Middle | Mccarroll |
| High | Decatur |
Additional Information
| Date Listed | March 30th, 2025 |
|---|---|
| Days on Market | 534 |
| Zoning | Land Ag |
Listing Details
| Agent | Kristal Campbell |
|---|---|
| Office | Cannon Property Management & Cannon Realty, LLC |