UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision M Forrest
MLS Listing ID 20773638
HOA Y/N None
Year Built 1982
Annual Tax Amount $12,029
Lot Size 6.760 Acres
Acres 6.76
Property Sub-Type Ranch
Property Description
This exceptional 6.7-acre land parcel on E. McKinney St. offers a significant opportunity for developers and investors in a rapidly growing Denton corridor.
With unparalleled visibility and access directly across from Ryan High School, this property boasts valuable frontage, making it ideal for your next project. The desirable Mixed-Use zoning (RR & R4) provides incredible flexibility for a range of developments, from residential communities to thriving commercial ventures.
Priced based on a recent November 2024 appraisal, this land represents a sound investment at fair market value. While a charming, updated 4-bedroom, 3-bath ranch home currently sits on the property, the true value lies in the expansive acreage and its prime location.
Developers, take note: An adjacent 1.7-acre commercial-mixed-use lot is also available, offering the exciting opportunity to expand your land holdings and create a larger, more impactful development.
Capitalize on Denton's growth! Envision and build your next successful project on this prime McKinney St. land.
Location
State TX
County Denton
Community Gated, Perimeter Fencing
Zoning R4-RR
Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Gas
Heat Source Central, Electric
Exterior
Exterior Feature Rain Gutters, Other
Fence Chain Link, Full, Gate
Community Features Gated, Perimeter Fencing
Utilities Available Electricity Available, Electricity Connected, Individual Gas Meter, Septic, Well
Street Surface Gravel
Garage No
Building
Lot Description Acreage, Agricultural, Cleared, Few Trees, Interior Lot, Landscaped, Many Trees, Oak, Pine
Schools
Elementary Schools Rivera
Middle Schools Bettye Myers
High Schools Ryan H S
School District Denton Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax Records
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Aerial Photo, Build to Suit, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20773638
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Therese Johnson
Broker Associate | License ID: 0634934
Broker Associate License ID: 0634934