700 S Deer Park Road, Decatur, TX 76234

Property Description

Exceptional opportunity to acquire 8.5 acres of shovel-ready, entitled 60-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 60 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:     •    60-unit entitled townhome development site     •    Shovel-ready status (8.5 acres) •. 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

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 9:20PM

Listing Office:

Agency Dallas Park Cities, LLC : 336-743-0336

Listing Agent:

Ryan OConnor :

MLS ID:

21159944

Location

• Originating MLS: NTR
• School District: Decatur ISD
• County: Wise

Lot

• Zoning: 743027

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR