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$4,125,000 Just Listed
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Property Description
Developers and Investors ALERT- this property has great potential with preparation underway for HWY 287 to become an interstate. Property will sell with adjoining 105 acres that is listed under MLS#21152657. Total of 309 acres - $6,250,000.00 combined price. Mineral rights to be retained and surface rights only - Oil and Gas lease with approximately 5 well heads active on the property and per TARGA they are open to relocating the pipeline if needed. This can be done upon closing. Current cattle lease in play and can remain on the property for AG EXEMPTION.
Full Property Details
Full Property Details for Tbd Hwy 287 Hwy S
General
- Price: $4,125,000
- Taxes: $144
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21152649
- Updated: Today (1/22/2026)
Property History
- Tbd Hwy 287 Hwy S, Rhome, TX
- Listed $4,125,000 on 1/22/26
Location
- County: Wise
- Subdivision: None
- Driving Directions: North on Hwy 287 from 121 and then property sits on South Side of Hwy past Rhome as you enter Decatur area. See GPS. From 380 West - south on 287 and property is on the right just outside of Decatur.
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
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Commercial, Other
Additional Structures
- Other Structures: Corral(s)
Lot Features
- Lot Size (Acres): 204
- Lot Size (Sq. Ft.): 8,886,240
- Lot Size Source: Public Records
- Frontage: Highway, Gravel
- Irrigation System: Pipeline
- Topography: Hill
- Lot Features: Acreage, Agricultural, Cleared, Pasture, Pond on Lot, Rolling Slope, Few Trees
- Development Status: Zoned
- Potential Use: Agricultural, Cattle, Commercial, Development, Industrial, Investment, Livestock, Multi-Family, Mini Storage, Mixed Use, Pasture, Place of Worship, Ranch, Residential, Recreational, Retail, Single Family, Warehouse
- Trees/Vegetation: Cleared
- Land Lease Avail: Yes
- Zoning: Agricultural
- Fencing (Description): Barbed Wire, Fenced, Wire
Financial Considerations
- Tax Amount: $144
- Terms: All Inclusive Trust Deed, Cash, Conventional, 1031 Exchange, Federal Land Bank, Owner Will Carry, Private Financing Available, See Agent
Disclosures and Reports
- Documents Avail.: Topographical Survey, Aerial
- Legal Description: A-858 A VASQUEZ 204. ACRES
- Exclusions: Mineral rights and cattle pens.
- Disclosures/Rstr.: Easement(s)
- Property ID: 749537
Listed by RE/MAX DFW Associates IV, Marlene Bowdon
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Tbd Hwy 287 Highway S, Rhome, TX 76078 (MLS# 21152649) is a Lots/Land property with a lot size of 204 acres. Tbd Hwy 287 Highway S is currently listed for $4,125,000 and was received on January 22, 2026. Want to learn more about Tbd Hwy 287 Highway S? Do you have questions about finding other Lots/Land real estate for sale in Rhome? You can browse all Rhome real estate or contact a Coldwell Banker agent to request more information.

