Project will be a 52 unit BTR townhome project. Developer has a rough bid estimate on the land acquisition, vertical and horizontal cost. Strategically located adjacent to Loop 288 in the thriving city of Denton, Texas, this 4.97-acre site presents an exceptional development opportunity within an Opportunity Zone. With direct access to I-35, this property boasts excellent connectivity to the greater Dallas-Fort Worth metroplex and is minutes away from major attractions like the University of North Texas, Texas Woman’s University, and the vibrant Denton Square.The area is known for its diverse mix of residential, retail, and industrial development, making it a dynamic environment for investors and developers alike. This location is ideal for multifamily or mixed-use development with city zoning that allows for apartments, townhomes, boutique hotels, and small-format retail.Broker is Owner. Geotech, Phase 1, Topography, Downstream assessment, tree survey have all be completed. Property will be sold shovel ready. Project will be a 52 unit BTR townhome project. Owner is agent.
Listed By
Agency Name: Verus Advisors
Agency Contact: (940) 381-2220
Agent Name: Hayden Houston
Shown By
Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Estimated Payment
$ 3,272.40 per month $2,893.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $379.17 Homeowner's Insurance
1201 Loop 288 | MLS# 21161551
This land located at 1201 Loop 288, Denton, TX 76205 is currently listed for sale with an asking price of $1,300,000. The property has approximately 4.97 Acres. Loop 288 is located within the Denton ISD school district. Search Denton real estate on suemilamreed.kellyrealtors.com today.