700 S Deer Park Road Decatur, TX 76234
Listing Courtesy of: NTREIS / The Agency Dallas / Ryan OConnor / Angelia Ekholm

  700 S Deer Park Road Decatur, TX 76234

Active (14 Days)
$2,100,000 (USD)

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 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

MLS #:
21159944
Lot Size
8.5 acres
Type
Land
School District
Decatur Isd
County
Wise County

Listed By

Ryan OConnor, The Agency Dallas
Angelia Ekholm, The Agency Dallas
Source
NTREIS
Last checked Feb 4 2026 at 9:35 AM GMT+0000
Bathroom Details
Subdivision
  • Na
Lot Information
  • Acreage
  • Level
Utility Information
  • Utilities: City Sewer, City Water, Electricity Available, Natural Gas Available, Sewer Available
School Information
  • Elementary School: Carson
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Copyright 2026 North Texas Real Estate Information System (NTREIS). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/4/26 01:35