$5,227,200
10± Acres
Active
Denton County, TX

12153 Mustang, Pilot Point, Texas

MLS ID: 20980137
Status: Active
Price: $5,227,200
Acres: 10±
Type: Unimproved, Land
Address: 12153 Mustang
City, State: Pilot Point, TX
County: Denton County
ZIP Code: 76258
Parcel Number: R112225
Year Built: 2000

Description

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.

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

Additional Information

Interior

Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans, Electric
Heating (Yes/no): Yes
Heating: Central, Electric, Natural Gas

Exterior

Lot Features: Acreage, Interior Lot, Pasture, Subdivided, Few Trees
Lot Size Area: 10
Lot Size Source: Public Records
Lot Size Square Feet: 435,600
Water Source: Public

Financial/HOA/Schools

Elementary School: Pilot Point
Elementary School District: Pilot Point ISD
Middle School: Pilot Point
Middle School District: Pilot Point ISD
High School: Pilot Point
High School District: Pilot Point ISD
Subdivision Name: I Walters
Tax Annual Amount: 4549
Zoning Description: Unzoned

Extra Information

Documents Available: Aerial
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 30, 2025 at 12:00:00 PM UTC

Listed By: Coryann Johnson of Texas Homes And Land