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.
Lot/land
$5,227,200
12153 Mustang Rd, Pilot Point, TX 76258
--beds
--baths
10Acres
Unimproved Land
Built in 2000
10 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High visibilityIdeal footprintMajor growth corridorOutstanding frontageExcellent road frontage
- 265 days |
- 50 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 19, 2026 at 10:15am
Listed by:
Coryann Johnson 0450333 214-908-5468,
Texas Homes and Land 214-908-5468
Source: NTREIS,MLS#: 20980137
Facts & features
Interior
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Video & virtual tour
Property
Lot
- Size: 10 Acres
- Features: Acreage, Interior Lot, Pasture, Subdivided, Few Trees
Details
- Parcel number: R112225
- Zoning description: Unzoned
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: I Walters
HOA
- Has HOA: No
Location
- Region: Pilot Point
Financial & listing details
- Tax assessed value: $658,000
- Annual tax amount: $4,549
- Date on market: 6/24/2025
- Cumulative days on market: 266 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,476/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Listed for sale | $5,227,200 |
Source: NTREIS #20980137 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,838 +10.2% | $592,431 +15.1% |
| 2024 | $3,482 +12% | $514,537 +11.7% |
| 2023 | $3,108 -18.4% | $460,680 +13.5% |
| 2022 | $3,808 +262.4% | $405,844 +31.7% |
| 2021 | $1,051 -7.2% | $308,065 +63.7% |
| 2020 | $1,132 +8.5% | $188,234 -36.6% |
| 2019 | $1,044 +2.3% | $297,013 +79.4% |
| 2018 | $1,021 -1.1% | $165,514 -1.4% |
| 2017 | $1,032 | $167,817 +8.7% |
| 2016 | $1,032 -9.9% | $154,429 +3.3% |
| 2015 | $1,145 | $149,465 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 76258
Nearby schools
GreatSchools rating
- NAPilot Point Elementary SchoolGrades: PK-KDistance: 5 mi
- 4/10Pilot Point Selz Middle SchoolGrades: 6-8Distance: 5 mi
- 5/10Pilot Point High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: Pilot Point
- Middle: Pilot Point
- High: Pilot Point
- District: Pilot Point ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76258
- Texas
- Denton County
- Pilot Point
- 76258
- 12153 Mustang Rd



