681 FM 2264 new

Decatur,TX 76234

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision No Known Subdivision

MLS Listing ID 21001267

Total Fin. Sqft 2723

Year Built 1971

Annual Tax Amount $3,156

Lot Size 11.250 Acres

Acres 11.25

Property Sub-Type Business

Property Description

Investors and Developers—Take Notice! This rare 11.25-acre property just outside the city limits of Decatur, Texas, offers endless potential for residential, commercial, or industrial development. With 1,424 feet of road frontage, visibility and accessibility are on point. Surrounded by established industrial, storage, and commercial businesses, this location is ideal for a variety of ventures. The property currently features two homes—one of which is tenant-occupied—offering immediate income potential. Additional features include two separate septic systems, two wells, and solar panels providing electricity for both residences. Whether you're looking to develop a residential community, expand your commercial portfolio, or establish an industrial site, this tract of land provides a versatile canvas for your vision. No restrictions. Endless possibilities. Come walk the land and explore how this unique property can bring your next project to life.

Location

State TX

County Wise

Zoning Residential

Direction GPS Friendly

Interior

Heating Active Solar,Central,Electric,ENERGY STAR Qualified Equipment,ENERGY STAR/ACCA RSI Qualified Installation,Fireplace(s)

Cooling Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment

Flooring Luxury Vinyl Plank

Heat Source Active Solar,Central,Electric,ENERGY STAR Qualified Equipment,ENERGY STAR/ACCA RSI Qualified Installation,Fireplace(s)

Exterior

Utilities Available All Weather Road,Asphalt,Electricity Available,Electricity Connected,Gravel/Rock,Outside City Limits,Phone Available,Septic,Well

Roof Type Metal

Garage No

Building

Lot Description Acreage,Agricultural,Pasture

Foundation Pillar/Post/Pier

Structure Type Aluminum Siding,Brick,Siding

Others

Ownership The Karen Trust

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Aerial Photo,Build to Suit,Survey Available,Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21001267

View More
Favorite Go Tour