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De Moye Lane

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Aubrey, TX 76227

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.

1/4

De Moye Lane

$399,900

  • 32 bedrooms
  • 16 baths
  • MLS# : 21286063
  • Built in 2026

Nearby schools

  • Aubrey Independent School District
    • Denton Independent School District
      • Prosper Independent School District

        Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.

        Map & directions

        Contact

        Jack McLemore

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