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… Read More 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. Read Less
Courtesy of Listing Results, LLC, Jack McLemore.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
32
Full Baths
16
Lot Size
1.63 Acres
Year Built
2026
MLS Number
21286063
Additional Details
Building
Built in 2026, Construction materials: SeeRemarks, Levels: Two, 2 buildings, 2
Fence
Wood
Floors
SeeRemarks
Heating
NaturalGas
Lot
1.63 acres, 71,003 sqft, Acreage, Level
Parking
1 total parking, Assigned, Open
Pool
None
Roof
Composition
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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