TBD De Moye Lane, Aubrey, TX 76227
TBD De Moye Lane, Aubrey, TX 76227
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$399,900
Est. payment /mo
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32 Beds
16 Baths
1.63 Acres Lot
New

TBD De Moye Lane Aubrey, TX 76227

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Demoye Magnolia Addition

MLS Listing ID 21286063

Bedrooms 32

Full Baths 16

HOA Y/N None

Year Built 2026

Annual Tax Amount $5,416

Lot Size 1.630 Acres

Acres 1.63

Property Sub-Type Multiple Single Units

Property Description

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.

Location

State TX

County Denton

Direction From US-377 in Aubrey, turn west onto DeMoye Lane — northbound traffic turns left, southbound turns right. The property, Lot 6, Block A, is the 1.63-acre tract just ahead at the corner of DeMoye Lane and North Magnolia Street

Interior

Interior Features Other

Heating Natural Gas

Cooling None

Flooring See Remarks

Appliance None

Heat Source Natural Gas

Exterior

Fence Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Acreage, Level

Story Two

Foundation Other

Level or Stories Two

Structure Type See Remarks

Schools

Elementary Schools Pete And Myra West

Middle Schools Aubrey

High Schools Aubrey

School District Aubrey Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jack McLemore • Listing Results, LLC

NEARBY SCHOOLS & PROPERTIES

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Priya Patel

Priya Patel

Agent | License ID: 760495

+1(806) 518-1385

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TBD De Moye Lane