12153 MUSTANG ROAD, PILOT POINT, TX 76258

Homes for sale in Pilot Point.

Homes for sale in 76258.


12153 Mustang Road

Pilot Point, TX 76258

Active

List Price$5,227,200

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20980137

10

Acres

Lots / Land

Type

About This Property

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.

Property Features

Location Information

County

Denton

Subdivision

I Walters

Interior Features

Has Fireplace

No

Cooling

Central Air, Ceiling Fan(s), Electric

Heating

Central, Electric, Natural Gas

Exterior Features

Utilities

Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Septic Available, Water Available

Current Use

Residential, Single Family

Lot Description

Acreage, Interior Lot, Pasture, Subdivided, Few Trees

Zoning

Unzoned

Lot Size in Acres

10

Is One Story

No

Lot Size in Sq. Ft.

435,600

Lot Description

Acreage, Interior Lot, Pasture, Subdivided, Few Trees

School

Elementary School District

Pilot Point ISD

Jr. High School

Pilot Point

Elementary School

Pilot Point

High School

Pilot Point

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

4549.0

Year Built

2000

Documents Available

Aerial

Status

Active

Lot Acres Source

Public Records

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Mortgage Calculator

$24,411

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$18,836

Monthly Tax

$4,356

Monthly Insurance

$1,219

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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