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    12153 Mustang Rd Pilot Point, TX 76258

    Sponsored
    For Sale
    $5,227,200

    Unimproved Land - Pilot Point, TX

    Type:Unimproved Land
    Lot size:
    10.00 Acres
    Days on Market:
    217
    Last Refresh:
    Jan 7 at 12:06 am

    Property Features for 12153 Mustang Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R112225
    Parking features
    Covered, Driveway, Garage
    Lot size
    10.00 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2000
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Texas Homes and Land (214) 908-5468

    Listing agent Coryann Johnson (214) 908-5468 License #0450333

    Listing date Jun 5, 2025

    MLS# 20957404 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land on High-Traffic Corridor

    This 10-acre property is strategically located between FM 1385 and FM 2931, offering visibility and access along a high-traffic corridor. The site is positioned for a range of commercial uses due to significant traffic counts and rapid surrounding development. The property consists of two 5-acre tracts, each with an existing home suitable for temporary office space, rental income, or redevelopment. Unzoned and unrestricted, this property provides flexibility for retail, industrial, mixed-use, or service-based businesses. This property sits in the front of a future 350-acre residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pilot Point
    County
    Denton
    State
    Texas
    Longitude
    -96.921336
    Latitude
    33.321796

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    FAQs

    What type of property is this?
    Commercial land - 10 acres ideal for commercial development in high-growth area.
    Where is this commercial land located?
    The property is located at 12153 Mustang Rd Pilot Point, TX.
    What is the asking price?
    The asking price for this property is $5,227,200.
    What are key features of this property?
    This property features: - 10 Unrestricted Acres on High-Traffic Corridor Ideal for Commercial Development; - Located Between FM 1385 and FM 2931 with Outstanding Visibility and Access; - Unzoned and Unrestricted in the County Offering Ultimate Flexibility
    (214) 908-5468
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    Pilot Point, TX 76258
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12153 Mustang Rd Pilot Point, TX 76258
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