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4060 S Fm 730, Decatur, TX 76234

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For Sale

$899,000

20 acres

Estimated Payment

$ 4,669 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • N/A
    Property type

  • 20 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

This exceptional 20-acre estate is located just outside the city limits of Decatur, Texas. The property is Ag Exempt and it offers endless possibilities. Situated a mere 2 miles from Hwy 287, it provides an easy commute to Fort Worth and the thriving Alliance area. With approximately 5 acres of mature oak trees and direct access to Walnut Creek, the property thrives with an abundance of wildlife. At the heart of this estate is a beautifully remodeled farmhouse that combines charm with modern comfort. The cozy 1,170-square-foot floor plan is perfect as a guesthouse, an income-generating rental, or an additional residence for multi-generational living. Highlights include a dedicated study with glass iron doors, oversized picture windows fitted with custom Hunter Douglas shades, French doors in the primary bedroom that lead to a private outdoor patio, a modern kitchen with Bosch appliances, floating bathroom vanities, a glass-enclosed shower, extensive concrete driveway space, a privacy fence and a three-rail ranch wood fence that adorns the front of the property. This estate also offers expansion potential, with a detached garage foundation already plumbed for a garage apartment and sub-dividing potential, thanks to over 355 feet of FM 730 frontage, a second entrance to the property and a gravel drive nearly the full length of the property. Currently, the property has approximately 10 acres dedicated to hay production and is equipped with two cattle guards, a cow shelter, and fully fenced with barbed wire, making it ideal for livestock and agricultural use. Whether you re seeking a private sanctuary, an income-producing property, or a development opportunity, this estate has it all. Don t miss this incredible opportunity in the rapidly growing Wise County.
MLS# 20828586

Courtesy Of Compass RE Texas, LCC, Listed By Rosie Smelcer

(682) 226-6938

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Ranch
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Central Furnace
  • Lot Size
    20 Acres

Map and Directions

Directions to 4060 S Fm 730, Decatur, TX 76234

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,669
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,669

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Young Elementary School

Grades PK-5 Public School

Decatur, TX 76234 1.5 miles
379 buchanan rd

501 total students
15:1 Student teacher ratio

School Rating: A-

School Details

Mccarroll Middle School

Grades 6-8 Public School

Decatur, TX 76234 2.7 miles
1201 w thompson st

824 total students
15:1 Student teacher ratio

School Rating: C

School Details

Decatur High School

Grades 9-12 Public School

Decatur, TX 76234 2.2 miles
750 e eagle smt

1033 total students
15:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Carson Elementary School 2.2 miles Public PK-5 D+
Rann Elementary School 3.2 miles Public PK-5 C

Carson Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

D+

Rann Elementary School

Distance: 3.2 miles

Type Public

Grades: PK-5

C

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Decatur, TX 76234

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Decatur, TX 76234

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month
31° January
Coldest Average Month
7,905 Total Households in Area
11.1% Increase in population since the year 2010
43.7%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Decatur, TX 76234

Decatur, TX 76234 has a population of 20,946 people in 7,905 households with a median age of 39.6 years old.

11.1%
Increase in population
since the year 2010
Population is Trending up
6,762
Total households as of 2010
12.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 76%
Hispanic 21%
Other 9%
Native American <1%
Black <1%
Asian <1%
The most prevalent ethnicity is White at 76%, followed by Hispanic at 21%, Other at 9%, and Native American at <1%.

Economics
for Decatur, TX 76234

69 /sq mi
Population Density
$86,081 /yr
Median Household Income
$383,105
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.36% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 7%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 6,312 74%
Rented 1,592 19%
Vacant 569 7%

White vs Blue Collar Jobs







White Collar 71%
Blue Collar 29%

Family & Education Facts
for Decatur, TX 76234

39.6 Median Age

Average Household Size

2.6
persons per
household

62.6%

Married Households

Community Population By Education

Some College 27%
High School Graduate 25%
Bachelors Degree 16%
Some High School 12%
Associates Degree 12%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 26.63% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
43.7% of households have children

Weather
for Decatur, TX 76234

The weather for this area ranges from a high of 96° F in August to a low of 31° F in January

96° August
Hottest Average Month
31° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
31°
55°
Feb
35°
60°
Mar
43°
68°
Apr
52°
76°
May
61°
83°
Jun
68°
91°
Jul
72°
96°
Aug
72°
96°
Sep
65°
89°
Oct
54°
79°
Nov
42°
66°
Dec
34°
57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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