Description

139.85 Acres for Sale in Decatur, Wise County, Texas | Paved Frontage on FM 51 and Murvil Street

3500 S Murvil Street is a 139.85 acre ranch on the south edge of Decatur, the county seat of Wise County, Texas. It adjoins the Decatur city limits on the north and has 1,924 feet of paved road frontage: 1,590 feet on Murvil Street and 334 feet on FM 51. The property has no deed restrictions. Tracts of this size this close to town rarely come to market in Wise County.

Land and Water
The ranch is gently rolling improved and native pasture between about 850 and 890 feet of elevation, with mature oaks and two wooded draws that drain southwest toward Center Creek. Wise County Appraisal District classifies 60 acres as improved pasture and 67.5 acres as native pasture. The land currently runs a working cattle operation and is ag valued on 127.5 acres. Several stock ponds sit through the center of the ranch, the largest about 1.5 acres. Groundwater is readily available in this part of Wise County, and area water wells generally run 200 to 400 feet deep.

Improvements
The single story home has 2,700 SQFT of living area, two covered porches, and paved and concrete drives off Murvil Street. Barns of 4,800 and 1,800 SQFT, a 980 SQFT shed, a storage building and carports support the cattle operation. Gas well sites are located on the property; contact the broker regarding mineral rights.

Location and Access
The ranch sits at Murvil Street and FM 51, a primary route into Decatur from the south. TxDOT counted 11,615 vehicles per day on FM 51 at the southeast corner of the property in 2024. The Wise County fairgrounds are nearby, and the courthouse square, US 287 and US 380 are a few minutes away. Downtown Fort Worth is about 40 miles southeast, with Alliance and Denton within easy reach.

Growth
Decatur added 875 residents in 2024, a 12.3% gain (NCTCOG), and Wise County has grown about 22% since the 2020 Census. The neighboring tract to the north is zoned for multifamily at up to 21 units per acre, and Paloma Trails, a 165 acre master planned community, is under construction east of downtown. Homes in the 76234 ZIP code sold for a median $475,000 in September 2026 (RPR).

Best Uses
A working ranch close to town, a long term land investment in the path of growth, or a large development tract with paved frontage on two roads.

Property Details
Address: 3500 S Murvil Street, Decatur, Texas 76234
County: Wise
Acreage: 139.854 acres per survey dated April 8, 2025
Survey: S. Isaacs Survey, Abstract No. 454
School district: Decatur ISD
Taxes: $9,120 per year
Ag valuation: 127.5 acres
Restrictions: None
Showing: By appointment with the listing broker

Information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

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This property is exclusively listed For Sale by Allen Crumley, Associate Broker with Williams Trew. Prospective buyers may be required to furnish proof of funds or a bank reference letter prior to scheduling a showing. No trespassing is permitted, and all showings must be coordinated in advance and accompanied by the seller's agent. The information contained herein has been obtained from sources deemed reliable; however, neither Williams Trew nor Ebby Halliday makes any representation or warranty, express or implied, as to its accuracy or completeness. This offering is subject to errors, omissions, changes in price or terms, prior sale, or withdrawal from the market without notice. Buyers and their representatives are advised to independently verify all information, including but not limited to acreage, boundaries, improvements, utilities, mineral rights, and any easements or encumbrances of record. For additional information or to schedule a private showing, please contact Allen Crumley directly at 817-480-9502.