This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$5,452,000 -$298,000 (-5.18%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
ATTN INVESTORS, DEVELOPERS, AND BUILDERS! This is Phase 1 which is a 50-acre single-family residential development opportunity located within the City of Decatur, Texas. Zoned SF2 and approved for 188 lots, this project is positioned to become one of the region's premier master-planned communities. See our other listing for the larger full development of 490 lots. The property features one of the highest elevations in Wise County, offering scenic views and an ideal location for the planned community pool, pickleball and amenities center. Zoning is fully in place, and the plat is ready for approval, streamlining the path to development. Developer incentives are available, and PID proceeds are expected to begin within four to six months. Survey and geotechnical reports are available upon request and located in the transaction desk. The developer is open to partnership opportunities or the sale of individual phases, with the project divided into three phases. This is a rare opportunity to participate in one of Decatur's most attractive and development-ready residential communities. This price is for undeveloped lots ready for platt approval.
Full Property Details
Full Property Details for 3340-1 S Fm 730
General
- Price: $5,452,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21138969
- Updated: 3/4/2026
- Added to Site: 68 day(s) ago
Location
- County: Wise
- Subdivision: Meadow Creek
- Driving Directions: GPS.
School Information
- Elem School District: Decatur ISD
- Midd School District: Decatur ISD
- High School District: Decatur ISD
- Elementary School: Young
- Middle School: Mccarroll
- High School: Decatur
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development, Unimproved
Lot Features
- Lot Size (Acres): 50
- Lot Size (Sq. Ft.): 2,178,000
- Lot Size Source: Owner
- Frontage: County Road, Asphalt, Dirt, Gravel
- Topography: Hill
- Lot Features: Acreage, Rolling Slope, City Lot
- Development Status: Zoned
- Potential Use: Development, Investment, Pasture, Single Family, Unimproved
- Zoning: Single Family
Disclosures and Reports
- Property ID: 201122003
Listed by eXp Realty LLC, Micah Young
Get Pre-Approved Today
Price & Sales History for 3340-1 S Fm 730
Date
Details
Price
Change
Source
3/04/2026
Price Reduced
$5,452,000
-5.18%
MLS
1/19/2026
Price Reduced
$5,750,000
-25.81%
MLS
12/28/2025
Listed
$7,750,000
—
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 3340-1 S Fm 730
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,287
30%
$183,974
33%
2021
$1,756
—
$137,847
14%
2021
$1,756
—
$120,506
9%
2021
$1,756
22%
$110,460
22%
2020
$1,442
18%
$90,480
25%
2018
$1,225
39%
$72,120
46%
2017
$879
26%
$49,500
26%
2016
$697
12%
$39,250
6%
2015
$625
-57%
$37,120
-59%
2019
$1,442
135%
$90,480
148%
2014
$614
9%
$36,460
10%
2013
$562
—
$33,270
—
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 3340-1 S Fm 730
3340-1 S Fm 730, Decatur, TX 76234 (MLS# 21138969) is a Lots/Land property with a lot size of 50 acres. 3340-1 S Fm 730 is currently listed for $5,452,000 and was received on December 28, 2025. Want to learn more about 3340-1 S 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.

