Tbd De Moye Ln, Aubrey, TX 76227
- $399,900
- 32
- BD
- 16
- BA
- List Price
- $399,900
- MLS#
- 21286063
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2026
- Construction Status
- Proposed
- Bedrooms
- 32
- Full Baths
- 16
- Acres
- 1.63
- County
- Denton
- City
- Aubrey
- 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.
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Additional Information
- Unexempt Taxes
- $5,416
- Lot Size
- 71,002
- Acres
- 1.63
- Lot Description
- Level
- Interior Features
- Other
- Flooring
- Other
- Foundation
- Other
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Assigned, Open
- School District
- Aubrey Isd
- Elementary School
- Pete and Myra West
- Middle School
- Aubrey
- High School
- Aubrey
- Possession
- Negotiable
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Listing courtesy of Jack McLemore from Listing Results, LLC. Contact: 817-283-5134