$6,250,000
204± Acres
Active
Wise County, TX

TBD Hwy 287, Rhome, Texas

MLS ID: 21152649
Status: Active
Price: $6,250,000
Acres: 204±
Type: Unimproved, Land
Address: TBD Hwy 287
City, State: Rhome, TX
County: Wise County
ZIP Code: 76078
Parcel Number: 749537

Description

Developers and Investors ALERT- this property has great potential with preparation underway for HWY 287 to become an interstate. Property will sell with adjoining 105 acres that is listed under MLS#21152657. Total of 309 acres - $6,250,000.00 combined price. Mineral rights to be retained and surface rights only - Oil and Gas lease with approximately 5 well heads active on the property and per TARGA they are open to relocating the pipeline if needed. This can be done upon closing. Current cattle lease in play and can remain on the property for AG EXEMPTION.

Directions: North on Hwy 287 from 121 and then property sits on South Side of Hwy past Rhome as you enter Decatur area. See GPS. From 380 West - south on 287 and property is on the right just outside of Decatur.

Additional Information

Exterior

Fencing: Barbed Wire, Fenced, Wire
Irrigation Source: Pipeline
Lot Features: Acreage, Agricultural, Cleared, Pasture, Pond On Lot, Rolling Slope, Few Trees
Lot Size Area: 204
Lot Size Source: Public Records
Lot Size Square Feet: 8,886,240
Other Structures: Corrals
Road Frontage Type: Highway, Interstate, State Road
Road Surface Type: Gravel

Financial/HOA/Schools

Elementary School: Young
Elementary School District: Decatur ISD
Middle School: Mccarroll
Middle School District: Decatur ISD
High School: Decatur
High School District: Decatur ISD
Tax Annual Amount: 144
Zoning Description: Agricultural

Extra Information

Disclosures: Easements
Documents Available: Topographical Survey, Aerial
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: September 13, 2026 at 12:00:00 PM UTC

Listed By: Marlene Bowdon of Re/max Dfw Associates Iv