Listing provided courtesy of Listing Results, LLC- MLS# 21286063MLS ProviderContact Information: Jack McLemore - 817-283-5134

TBD De Moye LaneAubrey, TX 76227

Multi-Family · 32 Beds · 16 Full Baths · 1.63 Acres
$399,900 Active

TBD De Moye Lane Overview

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A Shovel-Ready Multifamily Parcel. An entitled 1.63-acre multifamily development site situated in one of North Texas's fastest-growing suburban markets. This parcel — Lot 6, Block A of the De Moye-Magnolia Addition — arrives with City-approved Planned Development zoning designating it for multifamily residential use, entitling a developer to build up to 16 dwelling units without additional zoning action. Updated civil plans included in sale. Begin permitting and construction immediately upon closing. At $399,900 for 16 approved units, land cost per door is $25K - among the lowest available for entitled multifamily in Denton County. All 16 units are approved as 2-bedroom dwellings—maybe the most in-demand unit type in suburban rental markets. Construction materials and fencing TBD.

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TBD De Moye Lane Facts & Features

  • Type Multi-Family
  • Lot 1.63 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Aubrey ISD
  • Elementary School: Pete and Myra West
  • Middle Or Junior School: Aubrey
  • High School: Aubrey

Building Information

  • Year Built: 2026
  • Year Built Details: Proposed

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: AUBREY
  • Subdivision Name: DEMOYE MAGNOLIA ADDITION

Tax Information

  • Tax Annual Amount: 5416.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R982282
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 16
  • Bathrooms Half: 0
  • Bathrooms Total: 16
  • Bedrooms Total: 32

Building Interior

  • Building Area Source: Plans

General Information

  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: See Remarks
  • Foundation Details: Other
  • Interior Features: Other
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Assigned,Open
  • Parking Total: 1.0

Lot Information

  • Lot Features: Acreage,Level
  • Lot Size Acres: 1.63
  • Lot Size Area: 1.63
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 71002.8
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: See Remarks
  • Roof: Composition

General Information

  • Carport: No
  • Fencing: Wood
  • Number Of Units Total: 16
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD De Moye Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD De Moye Lane Market Data

Based on the last 30 days in this zip code

$510,118
Average List Price
$207
Average Price per Square Foot
154
Properties Sold
245
Average Days on Market
1,648
Properties for Sale
Calculations provided by Reliance Network


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