$1,300,000
$300K PRICE DROP
Total Views 1,794
4.97 Acres
$261,569 Price per Acre
216,493 Sq Ft Lot

About This Lot

Project will be a 52 unit BTR townhome project. Developer has a rough bid estimate on the land acquisition, vertical and horizontal cost. Strategically located adjacent to Loop 288 in the thriving city of Denton, Texas, this 4.97-acre site presents an exceptional development opportunity within an Opportunity Zone. With direct access to I-35, this property boasts excellent connectivity to the greater Dallas-Fort Worth metroplex and is minutes away from major attractions like the University of North Texas, Texas Woman’s University, and the vibrant Denton Square. The area is known for its diverse mix of residential, retail, and industrial development, making it a dynamic environment for investors and developers alike. This location is ideal for multifamily or mixed-use development with city zoning that allows for apartments, townhomes, boutique hotels, and small-format retail. Broker is Owner. Geotech, Phase 1, Topography, Downstream assessment, tree survey have all be completed. Property will be sold shovel ready. Project will be a 52 unit BTR townhome project. Owner is agent.

Listing Agent

Hayden Houston

Verus Advisors Brokerage Phone: (940) 381-2220 License #0812422 Listed on: 01/22/2026

Property Details

Property Type

  • Land

Lot Details

  • 4.97 Acre Lot
  • Zoning described as Zoned MN

Location

  • City Lot

Schools

  • Alice Moore Alexander Elementary School
  • Strickland Middle School
  • Ryan H S High School

Community Details

  • Audra Subdivision

Listing and Financial Details

  • Assessor Parcel Number R35941

Property Details

Property Type

Land

Lot Details

4.97 Acres

Listing Details

  • OWNERNAME: Loop & Audra LLC
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: (940) 381-2220
  • Co List Office Mls Id: VREB01DE
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48121:R35941
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Schools

  • Elementary School: Alice Moore Alexander
  • High School: Ryan H S
  • Junior High Dist: Denton ISD

Lot Info

  • Lot Features: Acreage, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 4.97
  • Lot Size: 2500
  • Parcel Number: R35941
  • Lot Size Acres: 4.97
  • Lot Size Sq Ft: 216493.2
  • Zoning Description: Zoned MN
  • Present Use: Development

Multi Family

  • Number Of Lots: 1

MLS Schools

  • MiddleOrJuniorSchool: Strickland

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Price Changed $1,300,000 -13.3% --
02/28/2026 02/28/26 Price Changed $1,500,000 -6.3% --
01/22/2026 01/22/26 For Sale $1,600,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Capital Title
Vendors Lien -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Commercial
Previous Owner $800,000 Construction
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21161551

North Texas Real Estate Information Systems (NTREIS)

APN: R35941

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