Versatile Development Land in
Selma Drive Little Elm, TX 75068
For Sale
$500,000
LAND - Other - Little Elm, TX
Lot Size1.00 Acres
Days on Market177
Property Features for Selma Drive
General Information
Property type
Land
Property subtype
Other
Standard status
Active
APN
R43893
Lot size
1.00 Acres
Taxes and HOA fees
Tax Description
A0662A M. JONES, TR 180, 0.999 ACRES, OLD DCA
Tax Annual Amount
2516
Utilities
Sewer type
Septic Tank, Private Sewer
Water source
Private
Building Details
Architectural style
Other
Listing Agency:
Saima Malik Dhillon
(214) 351-1116
Listed By:
Saima Dhillon · License #0525211
(214) 351-1116
Added: Feb 1
Changed: Jul 12
Last Checked: Jul 28 at 6:06AM
MLS# 21150966
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Investment Insights
Based on property information with market context.
This nearly 1-acre parcel presents flexible development potential, with the lot currently not zoned for residential or commercial use, which the seller notes results in no zoning restrictions at present. The property is positioned in the ETJ, outside city limits, giving buyers additional options to explore residential, commercial, or multifamily concepts. A rough rendition is available for 6–11 townhomes, and the listing states builders are in place should the buyer choose that direction, with all details subject to county approval.
The site is located on Selma Drive in Little Elm and is described as within walking distance of the lake. The listing also notes fence placement partially extends over the neighboring property line, and buyers are directed to refer to the survey. The seller recommends confirming development and approval items with Denton County Development Services and/or the Denton County Fire Marshall.
For prospective buyers, this land is best suited to those planning for a range of use scenarios and who want the opportunity to pursue residential or townhome-style development through the county review process. Because all outcomes are subject to county approvals, it can also be an appropriate fit for investors or builders who are prepared to validate feasibility early and move forward with the required permitting steps.
The site is located on Selma Drive in Little Elm and is described as within walking distance of the lake. The listing also notes fence placement partially extends over the neighboring property line, and buyers are directed to refer to the survey. The seller recommends confirming development and approval items with Denton County Development Services and/or the Denton County Fire Marshall.
For prospective buyers, this land is best suited to those planning for a range of use scenarios and who want the opportunity to pursue residential or townhome-style development through the county review process. Because all outcomes are subject to county approvals, it can also be an appropriate fit for investors or builders who are prepared to validate feasibility early and move forward with the required permitting steps.
Key Highlights
- Almost 1‑acre lot in Little Elm, located in the ETJ and outside city limits
- Potential for multiple uses: residential, commercial, or multifamily (subject to county approval)
- No zoning restrictions stated for residential or commercial use
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Nearly an acre outside city limits offers flexibility for residential, multifamily, or other development concepts subject to county approval.
Where is this residential land & home lot located?
The property is located at Selma Drive Little Elm, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Almost 1‑acre lot in Little Elm, located in the ETJ and outside city limits; Potential for multiple uses: residential, commercial, or multifamily (subject to county approval); No zoning restrictions stated for residential or commercial use