10127 Fm 1385, Pilot Point, TX 76258

$6,067,500

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List Price
$6,067,500
MLS#
21116032
Status
ACTIVE
Type
Land
Subtype
Land
Acres
48.54
County
Denton
City
Pilot Point
Subdivision
I Walters

Property Description

Nearly 50 acres positioned along a major arterial roadway in one of the fastest-expanding corridors in North Texas. This area has been experiencing explosive residential and commercial growth, with population increases exceeding 25 percent annually and demand continuing to accelerate. The momentum of development has been further validated by H-E-B’s recent acquisition of approximately 95 acres less than one mile from the entrance of this property - a powerful indicator of what’s coming to this market. This tract sits at the center of a wave of master-planned communities and large-scale residential projects that are transforming the region. Major developments either under construction or preparing to break ground include, but are not limited to: Bryson Ranch – 3,000+ planned residential lots; Green Brick – 2,200 planned lots; Talley Ranch – approximately 3,500 lots; Maverick Farms – 364 acres of planned development. Collectively, these communities represent thousands of homes, millions of square feet of future rooftops, and enormous demand for retail, services, schools, medical, entertainment, and supporting commercial uses. This acreage offers an exceptional opportunity to acquire a premium development tract while the boom is still unfolding. Whether you choose to move immediately into planning and development or hold the property as a long-term investment, this site checks the key boxes of location, visibility, neighboring growth, and upward market trajectory. With the surge of residential expansion already shaping the landscape, this property stands positioned to benefit from tremendous near-term and long-term upside in one of the most rapidly growing cities in Texas.

Additional Information

Unexempt Taxes
$9
Lot Size
2,114,402
Acres
48.54
Lot Description
Pasture
School District
Pilot Point Isd
Elementary School
Pilot Point
Middle School
Pilot Point
High School
Pilot Point
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of Steve Montagna from Steve Montagna Real Estate LLC. Contact: 214-998-9001