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Listed price in listed location currency (USD).
$2,100,000

000

MLS® 21159944

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 0
Lot Size 5 acres
Approx. Age 
MLS® Number 21159944

Property Address: 700 Deer Park Rd, Decatur, TX, 76234

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a shovel-ready, entitled 61-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 61 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: • 61-unit entitled townhome development site • Shovel-ready status •. 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® Number21159944
Laundry Level
Central VacNo
FireplaceNo
Acreage5
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
700 Deer Park Rd, Decatur, TX

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