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$399,900
New Listing

TBD De Moye Lane
Aubrey, TX 76227

For Sale|Multi Family|Active
32
Beds
16
Total Baths
16
Full Baths
2026
Built
Subdivision:
DEMOYE MAGNOLIA ADDITION
County:
Denton
Call Now: (214) 833-9845
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(214) 833-9845
TBD De Moye Lane
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Monthly Payment (Est.)

$1,825
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A Shovel-Ready Multifamily Parcel. An entitled 1.63-acre multifamily development site situated in one of North Texas's fastest-growing suburban markets. This parcel — Lot 6, Block A of the De Moye-Magnolia Addition — arrives with City-approved Planned Development zoning designating it for multifamily residential use, entitling a developer to build up to 16 dwelling units without additional zoning action. Updated civil plans included in sale. Begin permitting and construction immediately upon closing. At $399,900 for 16 approved units, land cost per door is $25K - among the lowest available for entitled multifamily in Denton County. All 16 units are approved as 2-bedroom dwellings—maybe the most in-demand unit type in suburban rental markets. Construction materials and fencing TBD.

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Listing Snapshot
Price 
$399,900
Days On Site 
0 Days
Bedrooms 
32
Inside Area (SqFt) 
N/A
Total Baths 
16
Full Baths 
16
Partial Baths 
N/A
Lot Size 
1.63 Acres
Year Built 
2026
MLS® Number 
21286063
Status 
Active
Property Tax 
$5,416
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
1.63
Foundation 
Other
Levels 
Two
Parking 
AssignedOpen
Parking Spaces 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Appliances 
None
Flooring 
See Remarks
Heating 
Natural Gas
Interior 
Other
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Exterior Features
Construction Details 
See Remarks
Fencing 
Wood
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
School District 
Aubrey ISD
Schools
School District
Aubrey ISD
Elementary School
Pete and Myra West
Middle School
Aubrey
High School
Aubrey
Listing courtesy of Jack McLemore of Listing Results, LLC info@listingresults.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-05-30 03:28 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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