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Unrestricted 10-Acre Commercial Land
For Sale
$5,227,200

12153 Mustang Road, Pilot Point, TX 76258

LAND - Pilot Point, TX

Property SizeContact for details
Lot Size10.00 Acres
Days on Market43

Property Features for 12153 Mustang Road

General Information

Property type Land
Property subtype Other
Zoning description unzoned
Parking features Covered, Driveway, Garage
Subdivision I Walters
Lot features Acreage, Interior Lot, Pasture, Few Trees
Directions Head East on HWY 380 from Denton. Go North on FM 2931 to a 4 way stop, cont. North and turn Right (East) on Mustang Road. GPS address
Standard status Active
APN R112225
Lot size 10.00 Acres

Taxes and HOA fees

Tax Description A1329A I WALTERS, TR 38 & TR 39 Old DCAD
Tax Annual Amount 4549
Legal Description A1329A I WALTERS, TR 38 & TR 39 Old DCAD

Utilities

Sewer type Aerobic Septic
Heating system Central, Natural Gas, Electric (Heating)
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 2000
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Composition
Listing Agency: Texas Homes and Land
Listed By: Coryann Johnson · License #0450333
Added: Jul 12 Changed: Aug 4 Last Checked: Aug 23 at 11:06AM
MLS# 20957404

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.

Set on 10 unrestricted acres, this property is offered as two 5-acre tracts and includes an existing home on each tract. The homes can serve as temporary office space, while the tracts may be developed for commercial uses, storage, or redevelopment. The property is presented as unzoned and unrestricted in the county, offering broad flexibility for buyers and operators evaluating multiple development paths.

Strategically located between FM 1385 and FM 2931 along a high-traffic corridor, the site benefits from strong visibility and straightforward access in an area with rapid surrounding development. The listing also notes that the property sits in front of a future 350-acre residential development, supporting long-term demand considerations for retailers, industrial users, and service-based businesses.

With its size, frontage exposure, and the ability to monetize while planning, this site is well-suited for investors and developers seeking flexible, income-capable land. Whether your goal is a more immediate interim setup using the existing homes or a long-term commercial build-out, the unzoned configuration and corridor placement provide practical options for a variety of growth-oriented concepts.

Key Highlights

  • 10 unrestricted acres on a high‑traffic corridor, made up of two 5‑acre tracts
  • Strategically located between FM 1385 and FM 2931 with visibility and access along the corridor
  • Each 5‑acre tract has an existing home that can serve as temporary office space or rental housing

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 76258, TX

7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 10 unrestricted acres on a high-traffic corridor with flexibility for a range of commercial and service uses.
Where is this commercial land located?
The property is located at 12153 Mustang Road 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 a high‑traffic corridor, made up of two 5‑acre tracts; Strategically located between FM 1385 and FM 2931 with visibility and access along the corridor; Each 5‑acre tract has an existing home that can serve as temporary office space or rental housing
More about this property
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