UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision M Forrest
MLS Listing ID 21141847
Total Fin. Sqft 2340
Year Built 1982
Annual Tax Amount $12,029
Lot Size 8.455 Acres
Acres 8.455
Property Sub-Type Business
Property Description
The ±6.7-acre R7 tract allows single-family detached homes, townhomes, duplexes, triplexes, and fourplexes—ideal for missing-middle housing, build-to-rent communities, or small-lot residential product. The adjacent ±1.7-acre MN parcel supports neighborhood retail, medical or professional office, live-work concepts, multifamily, civic space, and limited commercial uses. Together, the zoning framework enables a cohesive master-planned concept integrating residential rooftops with neighborhood-serving commercial activation.
Strategically located along high-visibility E. McKinney Street, the property sits directly across from Billy Ryan High School, generating consistent daily traffic and long-term residential demand support. Access to Mayhill Road and Loop 288 enhances connectivity to employment centers, healthcare, and established neighborhoods—supporting strong absorption fundamentals.
This 8.5-acre footprint allows developers to control both density and activation within one unified plan. Execute a phased residential rollout while activating commercial frontage to serve incoming rooftops. The entitlement structure reduces zoning risk and shortens development timelines, allowing focus on engineering, site planning, and capital deployment.
Mid-size entitled tracts offering both residential density and mixed-use frontage are increasingly limited in Denton. For developers and investors seeking corridor positioning, scalable yield, and product flexibility in a high-growth North Texas submarket, this assemblage represents a developer-ready asset with measurable execution-driven upside.
Location
State TX
County Denton
Zoning R7, Mixed Use
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 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 Build to Suit
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