Land with Home for Sale in Aubrey, Texas
De Moye Ln, Aubrey, TX 76227
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
- Street address
- De Moye Ln
- County
- Denton County
- Zip code
- 76227
- Community
- Demoye Magnolia Addition
- School district
- Aubrey ISD
- Elevation
- 670 feet
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 details
- Acreage
- 1.63 acres71,003 sq ft
- MLS #
- NTREIS 21286063
- Posted
Property taxes
- Recent
- $5,416
Parcels
- R982282
Legal description
DE MOYE-MAGNOLIA ADDITION BLK A LOT 6
Details and features
Listing
- Type
- Residential Multi Family
- Unit Count
- 16
Lot
- Features
- Acreage, Level
Exterior
- Parking Spaces
- 1
- Parking
- Assigned, Open
Structure
- Condition
- Under Construction
- Stories
- 2
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Natural Gas
- Roof
- Composition
Interior
- Rooms
- Bathroom x 16, Bedroom x 32
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Pete and Myra West | Elementary | Aubrey ISD |
| Aubrey | Middle | Aubrey ISD |
| Aubrey | High | Aubrey ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 31, 2026 | New listing | $399,900 | — | NTREIS |