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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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12153 Mustang Rd , Pilot Point, TX 76258
$5,227,200
Est. Payment: $26,911.90/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 426
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Coryann Johnson , Texas Homes and Land , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
10

Year Built

2000

County

Denton

Neighborhood

I Walters

School District

Pilot Point ISD

Listing ID

20980137

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:

Exterior Features

Lot:Acreage,Few Trees,Interior Lot,Pasture,10 to < 50 Acres
Zoning:Unzoned
Principal Interest
$26,912
Taxes
$379

Home Price

$5,227,200

Loan Details

30 yrs
6.674%

Down Payment

20%
$1,045,440
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,911.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,911.90 $379.08 $0.00 $27,290.98
Yearly $322,942.75 $4,549.00 $0.00 $327,491.75
Total $9,688,282.44 $136,470.00 $0.00 $9,824,752.44

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Pilot Point, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems