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Entitled Multifamily Development Parcel

De Moye Lane Aubrey, TX 76227

De Moye Lane, Aubrey, TX, 76227
$399,900
For Sale
$399,900

MULTI_FAMILY - Aubrey, TX

Lot Size1.63 Acres
Days on Market45

Property Features for De Moye Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
32
Bathrooms
16
Rooms
Bedroom 29, Bedroom 32, Bedroom 25, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 24, Bedroom 9, Bedroom 31, Bathroom 10, Bedroom 19, Bathroom 14, Bedroom 16, Bathroom 7, Bathroom 4, Bedroom 22, Bedroom 12, Bathroom 1, Bathroom 16, Bedroom 8, Bathroom 8, Bathroom 12, Bedroom 23, Bedroom 15, Bedroom 28, Bedroom 20, Bathroom 9, Bedroom 17, Bedroom 18, Bathroom 11, Bedroom 26, Bathroom 2, Bedroom 5, Bedroom 14, Bathroom 13, Bathroom 3, Bedroom 10, Bedroom 2, Bedroom 27, Bedroom 30, Bathroom 5, Bedroom 6, Bedroom 13, Bedroom 21, Bathroom 6, Bedroom 7, Bathroom 15
Parking
1
Parking features
Assigned, Open
Standard status
Active
APN
R982282
Lot size
1.63 Acres

Taxes and HOA fees

Tax Description
DE MOYE-MAGNOLIA ADDITION BLK A LOT 6
Tax Annual Amount
5416

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
2026
Floors in Building
2
Number of units
16
Roof type
Composition
Listing Agency Listing Results, LLC
Euless, TX
Listed by Jack McLemore · License #0460808
Added: Jun 2 Checked: Jul 16 at 9:06 pm
MLS# 21286063 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.


Investment Insights

Based on property information with market context.

Offered for sale is a shovel-ready multifamily development parcel in the De Moye-Magnolia Addition, identified as Lot 6, Block A. The property is 1.63 acres and comes with City-approved Planned Development zoning for multifamily residential use. According to the entitlement, a developer may build up to 16 dwelling units without additional zoning action. Updated civil plans are included with the sale, positioning the buyer to begin permitting and construction immediately upon closing. The seller notes that construction materials and fencing are still to be determined, so the project’s build-out plan can be tailored during development.

The site is located in Aubrey, Texas, within Denton County, in a suburban market described in the offering as one of North Texas’s fastest-growing areas. With city approval already in place for the planned number of units, the parcel is designed to reduce entitlement risk and streamline the path from closing to permitting.

This property is well suited for developers seeking an entitled multifamily opportunity with a clear unit program. All 16 units are approved as 2-bedroom dwellings, which aligns with a commonly sought suburban rental format. For an investor or builder looking to move quickly after closing, the included civil plans and ready-to-permit status make it practical for underwriting and scheduling early construction steps.

Key Highlights

  • 1.63‑acre multifamily development site (Lot 6, Block A, De Moye‑Magnolia Addition) with city‑approved Planned Development zoning for multifamily residential use
  • Entitled to build up to 16 dwelling units without additional zoning action; begin permitting and construction immediately upon closing
  • Updated civil plans included with the sale

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

What type of property is this?
Residential land & home lot - Shovel-ready, city-entitled site approved for up to 16 two-bedroom units with updated civil plans.
Where is this residential land & home lot located?
The property is located at De Moye Lane Aubrey, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1.63‑acre multifamily development site (Lot 6, Block A, De Moye‑Magnolia Addition) with city‑approved Planned Development zoning for multifamily residential use; Entitled to build up to 16 dwelling units without additional zoning action; begin permitting and construction immediately upon closing; Updated civil plans included with the sale
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