Sue Milam Reed, Broker Associate
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12153 Mustang Road, Pilot Point, TX 76258

$5,227,200
  • 12153 Mustang Road, Pilot Point, TX 76258 Main Photo

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Active
LOT SIZE 10.000 acres MLS#20980137
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONI Walters SCHOOLPilot Point ISD

Property 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.

12153 Mustang Road | MLS# 20980137

This land located at 12153 Mustang Road, Pilot Point, TX 76258 is currently listed for sale with an asking price of $5,227,200. The property has approximately 10.00 Acres. Mustang Road is located within the Pilot Point ISD school district. Search Pilot Point real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric, Natural Gas
Lot Size: 10.00 Acres
Year Built: 2000

Feature Descriptions

Days on Site: 253
Lot: Acreage, Few Trees, Interior Lot, Pasture
Parcel#: R112225
Utilities: Aerobic Septic, Cable Available, City Water, Co-op Electric, Electricity Available, Electricity Connected, Natural Gas Available

Local Schools

Elementary School: Pilot Point
School District: Pilot Point ISD

Listed By / Shown By

Listed By

Agency Name: Texas Homes and Land
Agency Contact: 214-908-5468
Agent Name: Coryann Johnson

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 13,158.08 per month $11,633.48 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,524.60 Homeowner's Insurance

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