1202 W Thompson Street, Decatur, TX 76234
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1202 W Thompson Street, Decatur, TX 76234
1202 W Thompson Street, Decatur, TX 76234
1202 W Thompson Street, Decatur, TX 76234
1202 W Thompson Street, Decatur, TX 76234
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SimpliHOM - Making Real Estate Simple

SimpliHOM - Making Real Estate Simple

+1(855) 856-9466
$ 3,200,000
Est. payment /mo
Active

1202 W Thompson Street Decatur, TX 76234

16.65 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21015684

Annual Tax Amount $29,708

Lot Size 16.653 Acres

Acres 16.653

Property Sub-Type Unimproved Land

Property Description

Prime Multifamily Development Opportunity at the Northeast Corner of W. Thompson Street & S. Deer Park Road in Decatur, TX. This ±16.65-acre tract is strategically located in the heart of Decatur, TX, offering an exceptional opportunity for multifamily or mixed-use development. Positioned directly across from McCarroll Middle School and adjacent to the stabilized Crestview Place Apartments, the site benefits from strong surrounding demand drivers and excellent connectivity. Multifamily market fundamentals in the area are robust, with nearby properties such as Trophy Ridge (delivered in 2021) operating at 100% occupancy and maintaining waitlists — underscoring the acute demand for additional housing in the Decatur market.
Property Highlights include - Zoning: Ideal for multifamily or mixed-use development (buyer to verify)
Location: NE corner of W. Thompson St. & S. Deer Park Rd.
Access: Excellent ingress-egress from both W. Thompson St. and S. Deer Park Rd.
Surrounding Uses: Directly across from McCarroll Middle School, adjacent to Crestview Place Apts, near Trophy Ridge Apts (100% leased), and proximate to single-family subdivisions
Nearby Commercial: Retail, dining, and service amenities located along SH 287
Major Employer Proximity: Minutes from Wise Regional Health System, one of the area's largest employers
Development Ready: Site plan and proposed development layout included with sale
This site presents a rare opportunity to capitalize on strong rental demand in a high-growth corridor with proven absorption and stabilized assets nearby.

Location

State TX

County Wise

Zoning Commercial, multi family

Direction Please use GPS.

Exterior

Utilities Available City Sewer, City Water

Garage No

Building

Structure Type Other


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Kristen Holle • Keller Williams Fort Worth

Nearby Locations

ABOUT US

Our Story


From Humble Beginnings to a Nationwide Movement


At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

 

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

 

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

 
Our Mission: Making Real Estate Simple


We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

 
Innovative Technology Meets Human

SimpliHOM - Making Real Estate Simple

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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