Last listed at $925,000, CLOSED ON Oct 2022

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7339 N FM 51, Decatur, TX 76234

About this home

Approximately 18 plus or minus acre horse training facility conveniently located between Decatur and Gainesville on N FM 51. This turnkey trainers paradise offers indoor and outdoor arenas, show barn, turnouts, 3 mare sheds with paddocks, 10 pipe runs, hot walker, feed storage silo and beautiful views. The main barn has 17 12 by 12 show stalls, 6 12 by 18 foaling stalls, wash rack with heated water, tack room, office with bathroom, concrete hallway. The indoor arena is 120 by 90 and fully enclosed with large garage doors and solid curtains wrapping the inside of the arena, excellent ground. Outdoor roping, cutting or cowhorse arena is 125 by 350 feet with roping boxes and return alley, even offers a viewing box. The three large turnouts have Morton buildings for mare sheds that are a spacious 36 by 36 feet. Trailer parking and easy access off of the paved highway. There is a cute bunk house with one bedroom, full bath, kitchen, living and dining.

RanchProperty Type

18 acresLot Size

Listed by Johnny Purselley • Purselley Ranch & Residential

Bought with Johnny Purselley • Purselley Ranch & Residential

Redfin checked: 2 minutes ago

•Source:NTREIS #20119932

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 76234, TX

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

0.1% MoM

Median sale price

$467K

$298 MoM

Avg. days on market

79d

10 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 10 HRS AGO
$279,000
3 beds2.5 baths1,765 sq ft
160 Greathouse Vlg, Decatur, TX 76234
OPEN SAT, 10AM TO 12PM
$425,000
5 beds3.5 baths2,790 sq ft
803 N State St, Decatur, TX 76234
$249,900
3 beds2 baths1,646 sq ft
1403 N Melba Doyle Park Rd, Decatur, TX 76234
FOR SALE BY OWNER
$325,000
3 beds2 baths1,860 sq ft
1501 S Cliff St, Decatur, TX 76234
$779,000
4 beds2.5 baths2,610 sq ft
170 Proctor Ln, Decatur, TX 76234
$625,000
4 beds2.5 baths2,790 sq ft
113 High Vista Rd, Decatur, TX 76234
OPEN SUN, 2PM TO 4PM
$434,900
3 beds2 baths1,325 sq ft
229 Harvey Ln, Decatur, TX 76234
$350,000
4 beds3 baths2,126 sq ft
3107 S Lipsey St, Decatur, TX 76234
$635,000
4 beds2.5 baths2,895 sq ft
696 Indian Trl, Decatur, TX 76234
$650,000
4 beds2 baths2,550 sq ft
139 PR 2660, Decatur, TX 76234
See all

Provided by Redfin

Sale history for 7339 N FM 51

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Sq. Ft.

—

Year built

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Style

Ranch

County

Wise County

APN

R000543513

Parking Spaces

—

Basement

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Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Jun 9, 2023.

Property details

Interior

Virtual Tour

Heating & Cooling
Cooling: Electric
Heating: Electric

Exterior

Exterior Features
Exterior Features: RV/Boat Parking, Stable/Barn
Fencing: Pipe, Wire

Farm Information
Crop Retire Program YN: No
Crops: Coastal Bermuda
Acres Pasture: 12.00
Horse Permitted YN: Yes
Horse Amenities: Arena, Barn(s), Electric to Barn, Equestrian Center, Holding Pens, Indoor Arena, Living Quarters, Loaf Shed(s), Show Barn, Stable(s), Tack Room, Wash Rack, Water to Barn
AG Exemption YN: Yes
Barns Count: 1
Number Of Barns: 4

Land Information
Soil Type: Sandy Loam
Surface Rights: All
Vegetation: Grassed

Lot Information
Easements: Utilities
Lot Features: Acreage, Agricultural, Cleared, Pasture
Lot Size: 10 to < 50 Acres
Lot Size Acres: 18.0000
Lot Size Area: 18.0000
Lot Size Source: Owner
Lot Size Square Feet: 784080.0000
Lot Size Units: Acres
Other Structures: Arena, Barn(s), Bunk House, Corral(s), Covered Arena, Guest House, Shed(s), Stable(s)
Parcel Number: R000543513
RATIO List Price By Lot Size Acr: 51388.88889
Road Frontage Type: FM Road
Subdivided YN: Yes
Will Subdivide: No
Zoning Description: unzoned

Property Information
Property Type: Land
Property Sub Type: Ranch
Possible Use: Agricultural, Cattle, Equine, Grazing, Horses, Pasture, Ranch, Recreational, Residential
Current Use: Agricultural, Cattle, Crops and Livestock, Grazing, Horses, Livestock, Pasture, Ranch, Recreational, Residential
Development Status: Unzoned
Multi Parcel IDYN: Yes
Property Key: 48497|A0105700100|1|75499005
Property Match: APN
Restrictions: No Known Restriction(s)
US Property MUI: 400290967

Financial

Tax Information
Special Taxing Entities: No

Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: Septic

Location

HOA Information
Association Type: None

School Information
Elementary School Name: Slidell
High School Name: Slidell
Middle School Name: Slidell
School District: Slidell ISD

Location Information
County Or Parish: Wise
Country: United States
Directions: From Decatur go north of N FM 51 towards Gainesville. Property on left (Richard Johnson Cutting Horses).
Latitude: 33.36223700
Longitude: -97.43200900
Geocode Confidence: High
Subdivision Name: acreage

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Ranch
Year Built: —
Year Renovated: —
County: Wise County
APN: R000543513

Home facts updated by county records on Jun 8, 2023

Other

Listing Information
Listing Agreement: Exclusive Right To Sell
Listing Id: 20119932
Listing Key Numeric: 418433255
Listing Terms: Cash, Conventional
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 16
Possession: Negotiable
Seller Contributions: 0
Special Listing Conditions: Standard
Special Notes: Aerial Photo
Standard Status: Closed
Third Party Assistance Program Y: No

Listing Date Information
Days On Market: 24
Cumulative Days On Market: 24
Close Date: 2022-10-06
Purchase Contract Date: 2022-08-14
Expiration Date Option: 2022-08-31
Listing Contract Date: 2022-07-21
Off Market Date: 2022-08-14
Status Change Timestamp: 2022-10-09T21:18:38.903

Listing Price Information
Original List Price: 925000.00
List Price: 925000.00
RATIO Close Price By Lot Size Ac: 51388.88889
RATIO Current Price By Lot Size: 51388.88889

Around this home

Schools

Slidell Schools

Public PreK-12 • Assigned • 2.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

8% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 108° expected this year, 21 days in 30 years

4/10 Wind Factor

24% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Decatur, TX • 76234

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 5.6 hours in December, placing it above the U.S. average for solar exposure.

10.2 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 76234

NEW 10 HRS AGO

$279,000

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OPEN SAT, 10AM TO 12PM

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1403 N Melba Doyle Park Rd, Decatur, TX 76234

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1501 S Cliff St, Decatur, TX 76234

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170 Proctor Ln, Decatur, TX 76234

$625,000

4 beds2.5 baths2,790 sq ft

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OPEN SUN, 2PM TO 4PM

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Home values near 7339 N FM 51

Data from public records.

Address	Redfin Estimate
6890 North FM 51, Decatur, TX - Beds \| 2 Baths \| 3270 Sq. Ft.	—
County Road 2735, Decatur, TX - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
7332 North FM 51, Decatur, TX - Beds \| 6 Baths \| 6898 Sq. Ft.	$1,509,101

Address	Redfin Estimate
1010 County Road 2625, Decatur, TX 3 Beds \| 2 Baths \| 1795 Sq. Ft.	$617,693

Property information provided by NTREIS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 76234, TX

Sale history for 7339 N FM 51

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 76234

Home values near 7339 N FM 51

More real estate resources