LKV Realty
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$5,227,200
$7,200Reward *
12153 Mustang Road, Pilot Point, TX 76258Listing ID 20980137

12153 Mustang Road, Pilot Point, TX 76258

Active
I Walters
Time on site: 417 daysLast updated: Jul 22, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
10
Days on Site
Days on Site
417
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central, Electric, Natural Gas
Year Built
Year Built
2000

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.

Property Information

Property Details

Location

Address
12153 Mustang Road
County
Denton
City
Pilot Point
Zip Code
76258
Subdivision
I Walters
School District
Pilot Point ISD
High School
Pilot Point
Elementary School
Pilot Point

Interior Features

Heating and Cooling

Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric, Natural Gas

Building

Building Information

Year Built
2000

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$4,549
Coryann JohnsonTexas Homes and Land, (214) 908-5468

Market Report for 76258

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for 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.

For corrections to this data please contact Brytecore MLS Support.

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