12153 Mustang Rd, Pilot Point, TX 76258

$5,227,200

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List Price
$5,227,200
Status
ACTIVE
MLS#
20980137
Subtype
Land
Year Built
2000
Lot Size
435,600
Acres
10
Subdivision
I Walters

Property Description

Exceptional opportunity for investors and developers to acquire 10 acres of unzoned, unrestricted land in one of North Texas’ fastest-growing areas. Strategically located between FM 1385 and FM 2931, this property offers outstanding frontage and exposure along a major growth corridor — surrounded by new residential and commercial development. Positioned at the front of a planned 350-acre residential community, this property is primed for commercial, mixed-use, or income-producing development. With Denton County’s booming population and infrastructure expansion, the location offers long-term value and short-term opportunity. Investment Highlights: *10 acres (two 5-acre tracts) with excellent road frontage and high visibility *Unzoned & unrestricted in the county – ideal for retail, office, flex space, storage, or mixed-use *Two existing homes on site – suitable for interim use as rental units, site offices, or short-term income *High traffic counts and strong surrounding residential demand *Minimal holding costs with flexible exit strategies – develop now or land bank for future appreciation. With continued expansion along FM 1385 and nearby thoroughfares, this property offers the ideal footprint for scalable development in a high-demand submarket. Bring your vision and capitalize on the momentum.

Additional Information

Taxes
$4,549
Heating
Central, Electric, Natural Gas
Air Conditioning
Central Air, Ceiling Fan(s), Electric
School District
Pilot Point Isd
Elementary School
Pilot Point
Middle School
Pilot Point
High School
Pilot Point

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Calculator source: Real Geeks

Listing courtesy of Coryann Johnson from Texas Homes and Land. Contact: 214-908-5468