Highmeadow Dr Aubrey, TX 76227

Property Details for 0 Highmeadow Dr

Lot size

6.65 lot acres

Property type

Land

Description

This exceptional 6.65-acre commercial development site in Aubrey, Texas, presents a compelling investment opportunity. Located on Highmeadow Dr. and Betty Ln, the property boasts a prime location just a quarter-mile from Aubrey High School and within easy reach of major retailers including Walmart, McDonald's, and Chick-fil-A. The site is zoned for mixed-use development, featuring approximately 5.65 acres designated for multifamily use (with a potential density of 18-21 units per acre) and approximately 1 acre zoned for shopping center use. Its strategic position offers superb connectivity, situated 24 miles from The Dallas Cowboys' Headquarters and 36 miles from DFW Airport, catering to both commuters and travelers. Aubrey's robust growth trajectory, projected at 28.5% population increase over the next five years, and average household incomes exceeding $100,000 within a 7-mile radius, underscore the strong demand for both residential and retail development in this area. The site is further enhanced by existing infrastructure, including a 10-foot wastewater stub and an 8-foot water looped system, facilitating immediate development potential. The property's APN is R964441, and its zoning allows for both multifamily (MF) and shopping center (SC) development. This unique offering combines prime location, desirable zoning, and ready infrastructure, making it an ideal investment in a rapidly expanding community. Offers are due October 17, 2024.

Location Insight

City

Aubrey

County

Denton

State

Texas

Longitude

-96.9797

Latitude

33.2922