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$1,250,000
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Property Description
Owner is willing to subdivide. Outstanding hard-corner tract at 4002 E Hwy 380 in Wise County! Featuring 9+ acres with approximately 867 feet of prime frontage along the highly traveled US Hwy 380 and 1,167 feet of additional frontage on Trinity Rd, this property offers unmatched visibility and access. The Hwy 380 crossing creates a true hard corner, making it ideal for commercial, retail, or mixed-use development. Located outside Decatur city limits and ETJ, the land provides flexibility for a wide range of uses and can be subdivided to fit future plans. A house currently on the property makes it perfect for a buy-and-hold investment, while the site is also ready for immediate development. With its size, dual frontage, and strategic position in a rapidly growing corridor, this tract represents a rare and valuable opportunity.
Full Property Details
Full Property Details for 4002 E Hwy 380
General
- Price: $1,250,000
- Taxes: $10,968
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21197692
- Updated: 3/5/2026
- Added to Site: 27 day(s) ago
Location
- County: Wise
- Subdivision: Smith Peavy Sub
- Driving Directions: From I-35 in Denton, take US Hwy 380 West toward Decatur. Continue approximately 25 miles. Do a U turn a N Trinity St. Property will be on the right. From Hwy 287 in Decatur, take US Hwy 380 East. Property will be on the right (south side) just past the intersection with N Trinity St.
- Dist. to Street: 2034
School Information
- Elem School District: Decatur ISD
- Midd School District: Decatur ISD
- High School District: Decatur ISD
- Elementary School: Carson
- Middle School: Mccarroll
- High School: Decatur
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
- Utility Description: Electricity Connected, Overhead Utilities, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Single Family
- Year Built: 1996
Additional Structures
- Other Structures: Outbuilding, Storage
Lot Features
- Lot Size (Acres): 9.17
- Lot Size (Sq. Ft.): 399,445.2
- Lot Size Source: Public Records
- Frontage: County Road, Highway, Concrete, Gravel
- Lot Features: Acreage, Corner Lot, Hardwood Trees, Many Trees
- Potential Use: Commercial, Development, Industrial, Multi-Family, Mixed Use, Residential, Retail, Highway/Tourist Service, Warehouse
- Trees/Vegetation: Partially Wooded
- Zoning: Residential
- Fencing (Description): Barbed Wire, Gate
Financial Considerations
- Tax Amount: $10,968
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: LOT 10 SMITH PEAVY SUBDIVISION
- Property ID: 766830
- Lot Number: 10
Listed by INC Realty, LLC, Levi Harris
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Schools
Schools serving 4002 E Hwy 380
School District:Decatur Independent School District
| Name | Grades | Distance |
|---|---|---|
Carson Elementary School 2100 Business 81/287 S, Decatur, TX 76234 | PK-5 | 3.5 mi |
Mccarroll Middle School 1201 West Thompson Street, Decatur, TX 76234 | 6-8 | 4.9 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 4002 E Hwy 380
Date
Details
Price
Change
Source
3/04/2026
Listed
$1,250,000
—
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 4002 E Hwy 380
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,734
50%
$900,547
72%
2021
$4,476
—
$524,560
11%
2021
$4,476
—
$471,156
22%
2021
$4,476
5%
$385,890
7%
2020
$4,260
-18%
$359,510
19%
2018
$5,194
-7%
$302,240
-13%
2019
$5,611
35%
$347,820
49%
2017
$4,149
20%
$233,730
19%
2016
$3,458
—
$195,890
-1%
2015
$3,468
6%
$197,620
4%
2014
$3,273
-1%
$190,820
—
2013
$3,292
—
$190,820
—
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 4002 E Hwy 380
4002 E Highway 380, Decatur, TX 76234 (MLS# 21197692) is a Lots/Land property with a lot size of 9.17 acres. 4002 E Highway 380 is currently listed for $1,250,000 and was received on March 04, 2026. Want to learn more about 4002 E Highway 380? 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.

