700 S DEER PARK ROAD, DECATUR, TX 76234
Homes for sale in Decatur.
Homes for sale in 76234.
700 S Deer Park Road
Decatur, TX 76234
List Price$1,850,000
Listing #21159944
About This Property
Exceptional opportunity to acquire 8.5 acres of shovel-ready, entitled 60-unit townhome development site in the rapidly expanding Hwy 380 growth corridor of Decatur, Texas. Positioned just south of Hwy 380, this site offers excellent access and visibility within one of North Texas' most active residential expansion zones. The property is fully entitled for 60 townhome units, allowing a developer to move directly into construction with minimal entitlement risk. The site is ideally suited for for-sale townhomes, build-to-rent product, or a hybrid residential strategy, catering to strong regional demand driven by population growth, employment expansion, and ongoing infrastructure investment. Surrounded by new residential communities, retail, and commercial development, the location benefits from proximity to major regional routes connecting Denton, Fort Worth, and the greater DFW Metroplex. Utilities are available nearby, and the site configuration supports efficient unit layout and absorption. This offering represents a rare, turnkey development opportunity in an undersupplied submarket with proven demand for quality townhome product. Highlights: * 60-unit entitled townhome development site * Shovel-ready status (8.5 acres) *. Plans and permits approved * Prime Hwy 380 corridor location * Strong residential growth market * Ideal for for-sale or build-to-rent development * Convenient access to Denton, Fort Worth, and DFW * Potential builder incentives
Property Features
Location Information
County
Wise
Subdivision
NA
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Zoning
61-Unit Shovel-Ready Townhome Residential (TH) Dev
Lot Description
Acreage, Level
Development Status
Site Plan Approved, Zoned
Lot Size in Acres
8.5
Is One Story
No
Lot Size in Sq. Ft.
370,260
Lot Description
Acreage, Level
School
Elementary School District
Decatur ISD
Jr. High School
Mccarroll
Elementary School
Carson
High School
Decatur
Additional Information
Property Type
LL
Status
Active
Property SubType
Improved Land
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$8,638
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,666
Monthly Tax
$1,541
Monthly Insurance
$431
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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