UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision M Forrest
MLS Listing ID 21141879
Total Fin. Sqft 2340
Year Built 1982
Annual Tax Amount $12,029
Lot Size 8.455 Acres
Acres 8.455
Property Sub-Type Unimproved Land
Property Description
Positioned directly across from Billy Ryan High School, the site enjoys built-in daily traffic and a stable neighborhood anchor that reinforces housing demand. This strategic infill location places future residents near schools, retail, employment nodes, and regional connectivity.
R7 zoning allows for a wide range of residential product types, including single-family detached homes, townhomes, duplexes, triplexes, and fourplexes. This flexibility enables developers to design projects aligned with Denton's strongest-performing segments: missing-middle housing, build-to-rent communities, and attainable ownership product. The ±6.7-acre scale supports a cohesive master-planned concept, phased development strategy, or diversified unit mix to optimize yield while managing absorption risk.
In today's environment, securing higher-density zoning within city limits is increasingly difficult and time-consuming. This property eliminates rezoning uncertainty and shortens the path from acquisition to site planning and vertical development. Denton's steady population growth, university presence, healthcare expansion, and strong regional job base further strengthen long-term fundamentals.
For developers and investors seeking scale, density, corridor positioning, and entitlement security in one of North Texas's most active growth markets, this is a developer-ready asset with measurable upside and execution-driven return potential.
Location
State TX
County Denton
Zoning R7
Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Gas
Flooring Ceramic Tile
Heat Source Central, Electric
Exterior
Utilities Available Electricity Connected, Propane, Septic, Well
Roof Type Composition
Garage No
Building
Lot Description Acreage, Cleared, Few Trees, Interior Lot, Landscaped, Level, Many Trees, Oak
Foundation Slab
Structure Type Aluminum Siding,Wood
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Survey Available, Other
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