TBD De Moye Lane
Aubrey, Texas 76227
32
Bed
16
Bath
1.63Acres(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 32Bathroom Information
Total Baths: 16 Full Baths: 16 Half Baths: 0 -
Interior Features
OtherAppliances
NoneUtilities
City Sewer,City Water -
Cooling Features
NoneHeating Source
Natural GasFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 2026 Building Area Total: 0 Construction: See Remarks Roof Type: Composition -
Foundation
Other -
Fencing
WoodConstruction Materials
See Remarks
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Lot Information
Lot Size (Acr): 1.6300 Lot Size Units: Acres Lot Size Square Feet: 71,003 Lot Size Source: Public Records Lot Features: Acreage,Level -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: DEMOYE MAGNOLIA ADDITION City: Aubrey State: Texas Directions: 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 Property Status: Active Levels: Two Property Age: 0 Year Built Details: Proposed
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Listing Price Information
Original List Price: $399,900 -
Listing Information
Possession: Negotiable
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Tax Information
Parcel Number: R982282 Tax Block: A Tax Legal Description: DE MOYE-MAGNOLIA ADDITION BLK A LOT 6 Tax Lot: 6 Unexempt Taxes: $5,416
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Parking Information
Garage Space: 0 Carport Spaces: 0 Parking: 1 Parking Features: Assigned,Open -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Pete and Myra West Middle School: Aubrey High School: Aubrey School District: Aubrey ISD -
Utility Information
Utilities: City Sewer,City Water
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8713 Kentucky Derby Str.., Aubrey, TX, 76227 | $399,990 | 4 | 3 | 2,098 | 2,098 SqFt |
| 5337 Hybern Avenue, Aubrey, TX, 76227 | $635,705 | 5 | 4 | 3,192 | 3,192 SqFt |
| 5425 Varian Drive, Aubrey, TX, 76227 | $499,990 | 4 | 3 | 2,196 | 2,196 SqFt |
| 5032 Lily Creek Drive, Aubrey, TX, 76227 | $469,990 | 4 | 3 | 2,646 | 2,646 SqFt |
| 4718 Firewheel Court, Aubrey, TX, 76227 | $320,000 | 3 | 2 | 1,599 | 1,599 SqFt |
| 2021 Jumper Fields Drive, Aubrey, TX, 76227 | $499,000 | 4 | 3 | 2,664 | 2,664 SqFt |
| 4731 Firewheel Court, Aubrey, TX, 76227 | $540,000 | 4 | 4 | 2,895 | 2,895 SqFt |
| 2013 Jumper Fields Drive, Aubrey, TX, 76227 | $625,000 | 4 | 3 | 2,400 | 2,400 SqFt |
| 2001 Calumet Drive, Aubrey, TX, 76227 | $660,000 | 5 | 6 | 3,244 | 3,244 SqFt |
| 1925 Pelham Drive, Aubrey, TX, 76227 | $450,000 | 4 | 3 | 2,330 | 2,330 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 00:41
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