$5,227,200

12153 Mustang Rd Pilot Point, TX 76258

Estimated payment $28,861/month

Total Views 1,266
10 Acres
$522,720 Price per Acre
435,600 Sq Ft Lot

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

Coryann Johnson

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

Property Details

Property Type

Land

Est. Annual Taxes

$4,549

Year Built

Built in 2000

Lot Details

0

Listing Details

  • OWNERNAME: See Tax Role
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 214-908-5468
  • Co List Office Mls Id: TXHL01C
  • Special Features: VirtualTour

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric

Utilities

  • Sewer: Aerobic Septic
  • Heating: Central, Electric, Natural Gas
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Septic Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Pilot Point
  • High School: Pilot Point
  • Junior High Dist: Pilot Point ISD

Lot Info

  • Lot Features: Acreage, Interior Lot, Pasture, Subdivided, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 10.0
  • Parcel Number: R112225
  • Lot Size Acres: 10.0
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: Unzoned
  • Present Use: Residential, Single Family

Building Info

  • Year Built: 2000

Tax Info

  • Tax Lot: 38&39
  • Tax Annual Amount: 4549.0

MLS Schools

  • MiddleOrJuniorSchool: Pilot Point

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $5,227,200 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20980137

North Texas Real Estate Information Systems (NTREIS)

APN: R112226