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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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3300 S Murvil St , Decatur, TX 76234
$1,300,000
Est. Payment: $6,692.96/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 309
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

This is a rare opportunity for developers, builders, and investors to secure a prime Multi-Family Development site in the thriving market of Decatur. The property has been zoned for multi-family use, allowing for the construction of townhomes at a density of up to 21 units per acre, with a maximum building height of three stories, ensuring a beautiful community design. Conveniently located at the edge of Decatur’s city limits, this site offers the perfect blend of urban accessibility and serene country living. Residents will enjoy proximity to shopping, restaurants, and good schools, all while surrounded by the peaceful backdrop of rural landscapes. This property has essential utilities, including city sewer, water, and high-speed internet located in the area, making it ready for modern residential development. This unique combination of zoning and location makes it an ideal investment for creating high-demand townhomes in a rapidly growing area. Contact us today for more details and to explore this exceptional development opportunity.

Highlights

Listed by Micah Young , and Jamie Storey , eXp Realty LLC , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
9.76

County

Wise

Neighborhood

The Vineyard

School District

Decatur ISD

Listing ID

21090143

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Pasture,Undivided,5 to < 10 Acres
Zoning:Multi-Family
Principal Interest
$6,693
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,692.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,692.96 $828.75 $0.00 $7,521.71
Yearly $80,315.57 $9,945.00 $0.00 $90,260.57
Total $2,409,467.24 $298,350.00 $0.00 $2,707,817.24

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Decatur, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems