700 S Deer Park Rd

Decatur, TX 76234

$2,100,000
Price
370,260 / 8.5
Lot Size / Acres
Overview of rural landscape
View of property location
Aerial view of residential area
Aerial view
Aerial view
Aerial view of sparsely populated area
Aerial view of property's location
Drone / aerial view
Aerial overview of property's location with rural landscape
Aerial view of sparsely populated area
Aerial view
View of property location
Aerial view of property and surrounding area
Aerial overview of property's location
View of property location
Aerial overview of property's location
View of grassy yard featuring a view of countryside
View of grassy yard featuring a view of rural / pastoral area
View of yard featuring a rural view
View of yard with a residential view
View of road featuring a rural view
View of dirt / gravel road with a gate
View of property location
Aerial view of property and surrounding area
Craftsman house featuring a residential view, board and batten siding, driveway, a garage, and a yard
Back of property with a fenced backyard, outdoor dining area, a residential view, and a wooden deck
Kitchen featuring plenty of natural light, modern cabinets, a kitchen bar, hanging light fixtures, and recessed lighting
Living room with healthy amount of natural light, hardwood / wood-style floors, and recessed lighting
Bedroom featuring wood finished floors, a walk in closet, and recessed lighting
Full bath featuring double vanity, a shower stall, plenty of natural light, and wood-type flooring
Bedroom featuring wood finished floors and baseboards
Entrance foyer with plenty of natural light, stairway, hardwood / wood-style floors, and recessed lighting
Bathroom featuring double vanity, a freestanding bath, and a stall shower
Bedroom with a spacious closet, dark wood-style flooring, and connected bathroom
Bedroom with wood finished floors
Garage featuring baseboards and a garage door opener
View of room layout
Parcel map

Description

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...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
  1. Listed by Ryan OConnor • TREC #0841192 • Agency Dallas Park Cities, LLC
  2. Listed by Angelia Ekholm • TREC #0676448 • Agency Dallas Park Cities, LLC

Property Details for 700 South Deer Park Road

Subdivision Name
NA
Zoning Description
61-Unit Shovel-Ready Townhome Residential (TH) Development Site | Hwy 380 Corridor.
LISTING UPDATED: 01/28/2026 09:46 AM

Property Details for 700 South Deer Park Road

StatusActive
MLS #21159944
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built-
Lot Size8.50 AC
CountyWise County

Location

Listing Courtesy of Agency Dallas Park Cities, LLC, Ryan OConnor; Agency Dallas Park Cities, LLC, Angelia Ekholm
Add your commute

Building Information for 700 South Deer Park Road

Lot Size8.50 AC

Payment Calculator

$10,235 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,235

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 South Deer Park Road

Summary
Location and General Information
  • Directions: From I-35W, take Exit 60 FM 51 Decatur. Head west on FM 51 SE 28th St for about 2.3 miles. Turn right onto S Deer Park Rd and continue 0.7 miles. The property will be on the right at 700 S Deer Park Rd, Decatur, TX 76234
  • Elementary School: Carson
  • Elementary School Name: Carson
  • High School: Decatur
  • High School Name: Decatur
  • Middle School: Mccarroll
  • School District: Decatur ISD
  • Geocode Confidence: Medium
  • Latitude: 33.23
  • Longitude: -97.61
  • State: Texas
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available, Natural Gas Available, Sewer Available
Property and Assessments
  • AG Exemption: Yes
  • Loan Type: Treat As Clear
  • Restrictions: No Restrictions
  • Property Match: APN
Lot Information
  • Development: Plat Approved, Zoned
  • Easements: None
  • Lot Features: Acreage, Level
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 8.5
  • Lot Size Area: 8.5
  • Lot Size Units: Acres
  • Lot Size Square Feet: 370260.0
  • Multi Parcel ID: No
  • Parcel Number: 743027

Property History for 700 South Deer Park Road

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

NTREIS #21159944

$2,100,000—
DateEvent & SourcePrice
01/21/2026

Listed (Active)

NTREIS #21159944

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 700 South Deer Park Road

This home is within Decatur Independent School District.
Rating
School
Type
Grades
Distance
Rann Elementary School
Public - PK to 5
McCarroll Middle School
Public - 6 to 8
Decatur High School
Public - 9 to 12
STEM Academy at Enis Elementary School
Public - K to 4
Rating
School
Distance
Rann Elementary School
PublicPK to 5

McCarroll Middle School
Public6 to 8

Decatur High School
Public9 to 12

STEM Academy at Enis Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 700 South Deer Park Road, Decatur, TX 76234

700 South Deer Park Road is a 8.5 ac of land for sale in Decatur, TX 76234. This property was listed for sale on January 21, 2026 by Agency Dallas Park Cities, LLC, it's currently listed at $2,100,000. This listing's school district is Decatur Independent School District. Nearby schools include Rann Elementary School, McCarroll Middle School and Decatur High School. 700 South Deer Park Road is a 0-bed, 0-bath, 8.5 ac of land on a 370,260 sq. ft. / 8.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agency Dallas Park Cities, LLC, Ryan OConnor; Agency Dallas Park Cities, LLC, Angelia Ekholm

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/28/2026 09:46 AM