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12153 Mustang Road

Pilot Point, TX 76258

Listing courtesy of Coryann Johnson, Texas Homes and Land

$5,227,200
Active
Beds
Baths
Sqft
Year Built
2000

About this home

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.

Schools

Elementary
Pilot Point
Middle
Pilot Point
High
Pilot Point

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
20980137
Property Type
Land
Status
Active
County
Denton
Subdivision
I Walters
Lot Size
10.00 acres
HOA Dues
None
Annual Taxes
$4,549
Days on Market
209 days
Listed
Jun 24, 2025
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$29,725/mo
Principal & interest
$27,821
Property taxes
$379
Homeowner's insurance (est.)
$1,525

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 24, 2025