12153 Mustang Road, Pilot Point, TX 76258
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: coryann johnson
Office: texas homes and land
MLS#:20980137
Source:GDAR
Price summary
- Price:$5,227,200
About this home
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....
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Home facts
- Year built:2000
- Subdivision & Development:I Walters
- Listing ID #:20980137
- Added:415 day(s) ago
- Updated:August 14, 2026 at 12:07 PM
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2000
- Lot area:10 Acres
- Lot Features:Acreage, Few Trees, Interior Lot, Pasture
Schools
- High school:Pilot Point
- Middle school:Pilot Point
- Elementary school:Pilot Point
Finances and disclosures
- Price:$5,227,200
- Tax amount:$4,549
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