TBD De Moye Lane Active Save Request In-Person Tour Request Virtual Tour
Aubrey,TX 76227
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 21062516
Bedrooms 16
Full Baths 16
HOA Y/N None
Annual Tax Amount $5,416
Lot Size 1.630 Acres
Acres 1.63
Property Sub-Type Multiple Single Units
Property Description
Opportunity to acquire a 1.63-acre shovel-ready multifamily development in fast-growing Aubrey, TX. The $599,000 purchase price includes complete civil engineering and building plans for two 8-unit apartment buildings (16 units total). The property is fully designed and permit-ready, saving you time and upfront costs. With a favorable unit mix and rising rental demand in the DFW growth corridor, this is an ideal turnkey project for developers or investors looking to scale in North Texas. Construction not included, allowing buyers flexibility to control costs and select contractors. Ready to pull permits and break ground.
Location
State TX
County Denton
Direction From Route 377 turn onto DeMoye Ln. Take first left onto Magnolia St. Property is second lot on left.
Interior
Interior Features Other
Heating Central,Natural Gas
Cooling Central Air,Electric
Flooring Carpet,Vinyl
Appliance Dishwasher,Electric Oven
Heat Source Central,Natural Gas
Exterior
Fence Wood
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Lot Description Acreage
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Board & Batten Siding
Schools
Elementary Schools Pete And Myra West
Middle Schools Aubrey
High Schools Aubrey
School District Aubrey Isd
Others
Ownership LONESTAR IMPERIAL PROPERTIES LLC
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21062516