Tbd De Moye Ln, Aubrey, TX 76227

$399,900
32
BD
16
BA

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List Price
$399,900
Status
ACTIVE
MLS#
21286063
Subtype
ResidentialIncome
Construction Status
Proposed
Year Built
2026
Bedrooms
32
Bathrooms
16
Full Baths
16
Lot Size
71,002
Acres
1.63
Subdivision
DEMOYE MAGNOLIA ADDITION
Building Name
See Remarks

Property Description

A Shovel-Ready Multifamily Parcel. An entitled 1.63-acre multifamily development site situated in one of North Texas's fastest-growing suburban markets. This parcel — Lot 6, Block A of the De Moye-Magnolia Addition — arrives with City-approved Planned Development zoning designating it for multifamily residential use, entitling a developer to build up to 16 dwelling units without additional zoning action. Updated civil plans included in sale. Begin permitting and construction immediately upon closing. At $399,900 for 16 approved units, land cost per door is $25K - among the lowest available for entitled multifamily in Denton County. All 16 units are approved as 2-bedroom dwellings—maybe the most in-demand unit type in suburban rental markets. Construction materials and fencing TBD.

Additional Information

Interior Features
Other
Taxes
$5,416
Flooring
Other
Heating
Natural Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Composition
Foundation
Other
Parking Features
Assigned, Open
School District
Aubrey Isd
Elementary School
Pete and Myra West
Middle School
Aubrey
High School
Aubrey

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Calculator source: Real Geeks

Listing courtesy of Jack McLemore from Listing Results, LLC. Contact: 817-283-5134