Ask Everette Newland
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.
Exterior
Financial/HOA/Schools
Extra Information
All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 13, 2026 at 12:00:00 PM UTC.
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