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$349,900
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Property Description
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.
Full Property Details
Full Property Details for Tbd De Moye Ln
General
- Price: $349,900
- Taxes: $5,416
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21286063
- Updated: 8/13/2026
- Added to Site: 89 day(s) ago
Interior
- Interior Features: Other
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 16
- Full Bathrooms: 16
Bedrooms
- Total Bedrooms: 32
Parking
- Total Spaces: 1
- Parking Features: Assigned, Open
Location
- County: Denton
- Subdivision: DEMOYE MAGNOLIA ADDITION
- Driving 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
School Information
- Elem School District: Aubrey ISD
- Midd School District: Aubrey ISD
- High School District: Aubrey ISD
- Elementary School: Pete and Myra West
- Middle School: Aubrey
- High School: Aubrey
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Composition
- Stories/Levels: 2
- Sq. Ft. Source: Plans
- Year Built: 2026
Lot Features
- Lot Size (Acres): 1.63
- Lot Size (Sq. Ft.): 71,002.8
- Lot Size Source: Public Records
- Lot Features: Acreage, Level
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $5,416
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: DE MOYE-MAGNOLIA ADDITION BLK A LOT 6
- Property ID: R982282
- Block: A
- Lot Number: 6
Listed by Listing Results, LLC, Jack McLemore
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Price & Sales History for Tbd De Moye Ln
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$349,900
-12.5%
MLS
5/30/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd De Moye Ln
Tbd De Moye Lane, Aubrey, TX 76227 (MLS# 21286063) is a Multi-Family property with 16 units containing 32 bedrooms and 16 full bathrooms. Tbd De Moye Lane is currently listed for $349,900 and was received on May 30, 2026. Want to learn more about Tbd De Moye Lane? Do you have questions about finding other Multi-Family real estate for sale in Aubrey? You can browse all Aubrey real estate or contact a Coldwell Banker agent to request more information.

