Paragon Realtors Real Estate

Tbd De Moye LaneAubrey, TX 76227Price: $399,900

  • Price: $399,900
  • Est. Mortgage of $/month
  • 3 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.53% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $399,900List Price
  • 32Bedrooms
  • 16Bathrooms
  • 1.63Acreage

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Listed by Jack McLemore of Listing Results,LLC (817-283-5134)
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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Based on information submitted to North Texas Real Estate Information Services as of June 1, 2026 2:09 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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