Prime 28-Acre Corner Lot in the Heart of Flower Mound – A Rare Mixed-Use Development Opportunity! Seize the opportunity to own one of Flower Mound’s last premier parcels—an exceptional 28-acre corner lot offering unlimited potential for both residential and commercial development. Ideally positioned in one of the most sought-after locations in town, this rare gem is perfect for developers looking to make a lasting impact on the community. With its Mixed-Use zoning potential, this property invites endless possibilities—luxury condominiums, stylish townhomes, or an elegantly integrated master-planned community with ample green space. Imagine a vibrant neighborhood featuring walking trails, scenic overlooks, or even a dog park nestled beside two picturesque ponds that enhance the property’s natural charm. Surrounded by thriving residential neighborhoods and established commercial centers, this site offers both short- and long-term investment appeal. Whether you’re envisioning a dynamic live-work-play destination or a private, exclusive estate retreat, this land is a canvas for visionary development. Don't miss your chance to secure the last crown jewel of Flower Mound—transform these 28 acres into the area’s next iconic destination.
Lot/land
$9,850,000
5400 Long Prairie Rd, Flower Mound, TX 75028
--beds
--baths
28.05Acres
Unimproved Land
Built in ----
28.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample green spaceTwo picturesque ponds
- 1 day |
- 55 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 01:11am
Listed by:
Michael Hershenberg 0668097 817-657-2470,
Real Broker, LLC 855-450-0442,
Brad Cook 0741303 817-909-9512,
Real Broker, LLC
Source: NTREIS,MLS#: 21203373
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Barbed Wire,Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Lot
- Size: 28.05 Acres
- Features: Acreage, Back Yard, Corner Lot, Greenbelt, Lawn, Many Trees, Few Trees, Waterfront, City Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Parcel number: R966111
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Whyburn Add
HOA
- Has HOA: No
Location
- Region: Flower Mound
Financial & listing details
- Tax assessed value: $4,887,484
- Annual tax amount: $17
- Date on market: 3/23/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$3,316/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $9,850,000 |
Source: NTREIS #21203373 Report a problem | ||
| 2/16/2026 | Listing removed | $9,850,000 |
Source: NTREIS #20865765 Report a problem | ||
| 4/8/2025 | Listed for sale | $9,850,000 |
Source: NTREIS #20865765 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8 -54.3% | $449 -100% |
| 2024 | $17 -63.4% | $4,887,484 -60% |
| 2023 | $45 -10.6% | $12,211,140 |
| 2022 | $51 -19% | $12,211,140 |
| 2021 | $63 | $12,211,140 |
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.
See how much you could borrow to make a competitive offer.
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 75028
Nearby schools
GreatSchools rating
- 9/10Prairie Trail Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Lamar Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Marcus High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Prairie Trail
- Middle: Lamar
- High: Marcus
- District: Lewisville 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 75028
- Texas
- Denton County
- Flower Mound
- 75028
- 5400 Long Prairie Rd






