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$645,000 -$50,000 (-7.19%) Price Reduced
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Property Description
This is a rare opportunity to secure land at a significantly reduced price - and opportunities like this don't last long. If you've been waiting for the right time to make a move, this is it. Rare Find, 12+ beautiful acres of open and private land with utilities! Looking for the perfect place to build your dream home? Or maybe you just want space, privacy, and incredible views without the hassle of city living? This stunning Ag Exempt, 12+ acre property offers endless possibilities with no deed restrictions and no builder permits required. The property includes a 2021 modern, bright, and barely lived in mobile home on the land, giving you comfort and flexibility if you choose to build. Plus, the heavy lifting is already done with the aerobic system, underground electric, and private well with filtered water were installed in the last 3 years. This is the perfect place to live if you plan on building your dream home! Vast, open space with raised garden beds, breathtaking sunrises, and play set for the kids. Ultimate privacy while staying close to Denton's thriving shopping, dining, and conveniences. No restrictions, build what you want, when you want! Ag Exempt, Fully fenced property with gate. Investment potential, divide and sell a few acres, or keep it all for yourself. Whether you're ready to build your forever home, need a peaceful retreat, or want a smart investment with options, this property is a rare gem that won't last long. Come see it for yourself.
Full Property Details
Full Property Details for 16384 FM1173
General
- Price: $645,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21068236
- Updated: 2/23/2026
- Added to Site: 153 day(s) ago
Exterior
- Exterior Features: Storage
Location
- County: Denton
- Subdivision: None
- Driving Directions: From I-35E, exit university heading west. Exit 156 and head North. Make a left at 1173 heading west. Continue on 1173 for 12 miles; after passing Doyle Rd, the property is on the right (east side of 1173). White sign at entrance Or use GPS
School Information
- Elem School District: Krum ISD
- Midd School District: Krum ISD
- High School District: Krum ISD
- Elementary School: Dodd
- Middle School: Krum
- High School: Krum
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Septic Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
- Year Built: 2021
Lot Features
- Lot Size (Acres): 12.698
- Lot Size (Sq. Ft.): 553,124.88
- Lot Size Source: Owner
- Frontage: Farm to Market Road, Private Road, Asphalt
- Lot Features: Acreage, Back Yard, Lawn
- Zoning: None
Disclosures and Reports
- Property ID: R744705
Listed by Funk Realty Group, LLC, Cherie Reed
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Schools
Schools serving 16384 FM1173
School District:Krum Independent School District
| Name | Grades | Distance |
|---|---|---|
Dyer Elementary School 304 North 3rd Street, Krum, TX 76249 | PK-5 | 7.3 mi |
Blanche Dodd Intermediate School 915 East McCart Street, Krum, TX 76249 | PK-5 | 8.1 mi |
Krum Early Education Center 1513 Sequoia Drive, Krum, TX 76249 | PK-5 | 8.7 mi |
Krum Middle School 805 East McCart Street, Krum, TX 76249 | 6-8 | 8 mi |
Krum High School 700 Bobcat Boulevard, Krum, TX 76249 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16384 FM1173
Date
Details
Price
Change
Source
2/23/2026
Price Reduced
$645,000
-7.19%
MLS
11/14/2025
Price Reduced
$695,000
-7.21%
MLS
9/23/2025
Listed
$749,000
—
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 16384 FM1173
16384 Fm 1173, Krum, TX 76249 (MLS# 21068236) is a Lots/Land property with a lot size of 12.698 acres. 16384 Fm 1173 is currently listed for $645,000 and was received on September 23, 2025. Want to learn more about 16384 Fm 1173? Do you have questions about finding other Lots/Land real estate for sale in Krum? You can browse all Krum real estate or contact a Coldwell Banker agent to request more information.

