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    9016 Fm 423 Frisco, TX 75033

    For Sale
    $6,000,000

    Unimproved Land - Frisco, TX

    Type:Unimproved Land
    Lot size:
    8.80 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 9016 Fm 423

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R43427
    Lot size
    8.80 Acres

    Building Details

    Year built
    2024
    Architectural style
    Other

    REAL T TEAM (940) 243-7653

    Listing agent Jonathan King (940) 243-7368 License #0606981

    Listing date Sep 16, 2025

    MLS# 20592981 Listing URL

    Copyright © 2025 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

    Frisco Land Development Opportunity

    This 8.79-acre parcel of land presents a prime development opportunity in Frisco, Texas. Located off 423 and Main Street, the land is currently agriculturally exempt. The future land use, as determined by the city, is Single Family Residential or SN Zoning, allowing up to 8 homes per acre. The property includes an old pond and an old vacant brick home. Utilities such as water, electric, and natural gas are located near the land. The property is priced to sell, factoring in the dirt work needed, water easements on the edges of the property, and the cost to fill in the pond and prep the land for development. This is an opportunity to develop a neighborhood in Frisco.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.889487
    Latitude
    33.154539

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    FAQs

    What type of property is this?
    Land - 8.79 acres in Frisco, TX, prime for residential development.
    Where is this land located?
    The property is located at 9016 Fm 423 Frisco, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Prime development opportunity in rapidly growing Frisco, Texas.; - Large 8.79-acre parcel of land.; - Zoned for single-family residential or SN zoning, allowing up to 8 homes per acre.
    (940) 243-7368
    Request Owner's contact information
    9016 Fm 423 Frisco, TX 75033
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    Frisco, TX 75033
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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
    9016 Fm 423 Frisco, TX 75033
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