12153 Mustang Rd Pilot Point, TX 76258
Estimated payment $28,861/month
Highlights
- 10 Acre Lot
- Pasture
- Ceiling Fan
- Interior Lot
- Central Heating and Cooling System
About This Lot
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.
Listing Agent
Texas Homes and Land Brokerage Phone: 214-908-5468 License #0450333 Listed on: 06/24/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,549
Year Built
- Built in 2000
Lot Details
- 10 Acre Lot
- Interior Lot
- Few Trees
- Zoning described as Unzoned
Schools
- Pilot Point Elementary School
- Pilot Point High School
Utilities
- Central Heating and Cooling System
- Aerobic Septic System
- Cable TV Available
Additional Features
- Ceiling Fan
- Pasture
Community Details
- I Walters Subdivision
Listing and Financial Details
- Tax Lot 38&39
- Assessor Parcel Number R112225
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $3,482 | $604,537 | $388,165 | $269,835 |
2024 | $6,247 | $514,537 | $0 | $0 |
2023 | $3,108 | $460,680 | $284,920 | $315,080 |
2022 | $5,800 | $405,844 | $239,875 | $198,140 |
2021 | $2,805 | $194,273 | $28,708 | $165,565 |
2020 | $2,812 | $188,234 | $28,720 | $159,514 |
2019 | $2,888 | $183,273 | $28,760 | $154,513 |
2018 | $2,661 | $165,514 | $23,080 | $142,434 |
2017 | $2,716 | $167,817 | $23,080 | $144,737 |
2016 | $1,048 | $154,429 | $19,620 | $134,809 |
2015 | $1,145 | $149,465 | $19,640 | $129,825 |
2013 | -- | $146,059 | $19,580 | $126,479 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/24/2025 06/24/25 | For Sale | $5,227,200 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20980137

APN: R112226
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