Listing provided courtesy of RE/MAX DFW Associates IVMLS# 21152657MLS ProviderContact Information: Marlene Bowdon - 972-971-6006
  • 158 days on site
  • 4 views

Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development. Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649

Source: North Texas MLS, MLS#: 21152657

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  • Property Type
    Land
  • Lot
    105.00 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at OOO S Hwy 287


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/3/2026Source: North Texas MLS Price Increase
$6,250,000 194.1%
Marlene Bowdon
Listing Agent
1/22/2026Source: North Texas MLS Added to Database
January 22, 2026
Marlene Bowdon
Listing Agent