- – beds
- – baths
- – sqft
- ~10 acre lot
- 2000 build
- – on site
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.
Last checked:
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Last updated Jun 25, 2025
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MLS# 20980137 —
The Building
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Year Built:2000
Location
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Directions:Head East on HWY 380 from Denton. Go North on FM 2931 to a 4 way stop, cont. North and turn Right (East) on Mustang Road. GPS address
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Latitude:33.32184189
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Longitude:-96.92174846
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:R112225
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Lot Features:Acreage, Few Trees, Interior Lot, Pasture
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Lot Size:10 to < 50 Acres
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Lot Size SqFt:435600.0000
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Lot Size Acres:10.0000
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Lot Size Area:10.0000
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Subdivided:Yes
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Easements:None
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Restrictions:No Known Restriction(s)
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Current Use:Residential
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Zoning Description:Unzoned
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Will Subdivide:Subdivided
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:38&39
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Tax Legal Description:A1329A I WALTERS, TR 38 & TR 39 Old DCAD
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20980137
Heating & Cooling
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Heating:Central, Electric, Natural Gas
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:Aerobic Septic, Cable Available, City Water, Co-op Electric, Electricity Available, Electricity Connected, Natural Gas Available
Schools
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School District:Pilot Point ISD
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Elementary School:Pilot Point
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Elementary School Name:Pilot Point
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Middle School Name:Pilot Point
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High School Name:Pilot Point
The Community
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Subdivision Name:I Walters
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Association Type:None
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Development Status:Unzoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.