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
- 173 days |
- 42 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: June 24, 2025 at 06:10pm
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
- 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% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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.
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