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$1,160,000
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Property Description
Welcome to a versatile 58-acre property located just five minutes from the Decatur square. This parcel features approximately 25 acres currently in hay production, capable of producing over 150 bales when fertilized and more than 100 bales even without fertilization. The land has been fertilized once every three years to maintain soil fertility. The property includes an older 1968-built home with three bedrooms and two baths totaling 1,612 square feet. No value is placed on this structure due to its age and condition. Additionally, there is a smaller 900 square foot accessory unit built in 1995 with one bedroom and one bath. For equestrian needs, the property offers two turnout paddocks, one at 1.5 acres and the other at 1.8 acres, along with a spacious 40x60 barn with a tack room. There are 2 creeks that feed through the property which help to provide wildlife habitat and travel corridors. As a result, there are frequent sightings of white-tailed deer and turkeys on the property without past hunting pressure. Transmission lines pass through the property, but there is plenty of space and desirable build sites for a future homestead. This unique combination of agricultural productivity and natural beauty makes this a standout opportunity close to town.
Full Property Details
Full Property Details for 309 N Fm 730
General
- Price: $1,160,000
- Taxes: $4,846
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21390268
- Updated: 10/19/2026
- Added to Site: 28 day(s) ago
Location
- County: Wise
- Subdivision: None
- Driving Directions: From the square in Decatur, head north on FM 730 for 2.5 miles to the property on the left. Look for signs.
School Information
- Elem School District: Decatur ISD
- Midd School District: Decatur ISD
- High School District: Decatur ISD
- Elementary School: Rann
- Middle School: Mccarroll
- High School: Decatur
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Overhead Utilities, Septic Available, Water Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
- Year Built: 1968
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 58
- Lot Size (Sq. Ft.): 2,526,480
- Frontage: Farm to Market Road, Asphalt
- Topography: Varied
- Lot Features: Acreage, Agricultural, Cleared, Irregular Lot, Many Trees
- Potential Use: Cattle, Grazing, Horses, Hunting, Livestock, Manufactured Home, Mobile Home, Pasture, Ranch, Residential, Recreational
- Trees/Vegetation: Cleared, Partially Wooded
- Zoning: Unzoned
Horse Property
- Horse Facility Desc.: Barn
Water Features
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $4,846
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A-185 D CLARK 58.0000 ACRES
- Property ID: 734909
Listed by Post Oak Realty West, Cason Caraway and Post Oak Realty West, Curtis Greene
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Schools
Schools serving 309 N Fm 730
School District:Decatur Independent School District
| Name | Grades | Distance |
|---|---|---|
Rann Elementary School 1300 South Deer Park Road, Decatur, TX 76234 | PK-5 | 3.4 mi |
Mccarroll Middle School 1201 West Thompson Street, Decatur, TX 76234 | 6-8 | 3.5 mi |
Decatur High School 750 East Eagle Summit Drive, Decatur, TX 76234 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 309 N Fm 730
Date
Details
Price
Change
Source
9/24/2026
Listed
$1,160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 309 N Fm 730
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,881
—
$403,514
17%
2025
$1,881
5%
$343,692
-70%
2023
$1,788
14%
$1,144,031
2%
2021
$1,572
—
$1,116,872
5%
2021
$1,572
-2%
$1,061,538
31%
2021
$1,612
1%
$807,760
14%
2020
$1,598
-44%
$708,530
297%
2019
$2,876
—
$178,260
7%
2018
$2,869
6%
$166,940
9%
2017
$2,714
14%
$152,900
13%
2016
$2,380
11%
$134,860
10%
2015
$2,149
2%
$122,470
—
2014
$2,109
—
$122,990
—
2013
$2,119
—
$122,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 309 N Fm 730
309 N Fm 730, Decatur, TX 76234 (MLS# 21390268) is a Lots/Land property with a lot size of 58 acres. 309 N Fm 730 is currently listed for $1,160,000 and was received on September 24, 2026. Want to learn more about 309 N Fm 730? Do you have questions about finding other Lots/Land real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.

