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12153 Mustang Road, Pilot Point, Texas– $5,227,200
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  • $5.2M Price
  • 10 Acres
  • 2000 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $5.2M Price
  • 10 Acres
  • 2000 Year Built
  • Study
  • Game Room
  • Media
  • Pool

12153 Mustang Road
Pilot Point, Texas 76258-7701

County: Denton I Walters

Exceptional opportunity for investors and developers to acquire 10 acres of unzoned, unrestricted land in one of North Texas’ fastest-growing areas. Strategically located between FM 1385 and FM 2931, this property offers outstanding frontage and exposure along a major growth corridor — surrounded by new residential and commercial development. Positioned at the front of a planned 350-acre residential community, this property is primed for commercial, mixed-use, or income-producing development. With Denton County’s booming population and infrastructure expansion, the location offers long-term value and short-term opportunity. Investment Highlights: *10 acres (two 5-acre tracts) with excellent road frontage and high visibility *Unzoned & unrestricted in the county – ideal for retail, office, flex space, storage, or mixed-use *Two existing homes on site – suitable for interim use as rental units, site offices, or short-term income *High traffic counts and strong surrounding residential demand *Minimal holding costs with flexible exit strategies – develop now or land bank for future appreciation. With continued expansion along FM 1385 and nearby thoroughfares, this property offers the ideal footprint for scalable development in a high-demand submarket. Bring your vision and capitalize on the momentum.

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Essential Information

  • Price$5,227,200
  • Cumulative Days on MarketUnlock
  • MLS® #20980137
  • Acres10.00
  • Year Built2000
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 4 Active Listings

Pricing Trends from 4 Active Listings in I Walters

This Home's Price $5,227,200 This Home's Price Per SqFt $
Average Price $3,398,425 Average Price Per SqFt $
Highest Price $6,067,500 Highest Price Per SqFt $
Lowest Price $899,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address12153 Mustang Road
  • SubdivisionI Walters
  • CityPilot Point
  • CountyDenton
  • StateTexas
  • Zip Code76258-7701
  • HOANone
  • UtilitiesAerobic Septic, Cable Available, City Water, Co-op Electric, Electricity Available, Electricity Connected, Natural Gas Available
  • Taxes4549

Exterior

  • Lot DescriptionAcreage, Few Trees, Interior Lot, Pasture

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric, Natural Gas

Additional Information

  • ZoningUnzoned

Private Listing Information (Registration Required)

Listing Details

  • AgentCoryann Johnson
  • OfficeTexas Homes And Land

Similar Listings

10127 Fm 1385 Pilot Point, Texas 76258 Denton | Pilot Point ISD I Walters

- $6,067,500

Land, Unimproved Land
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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 Annuall...

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Listing information last updated on October 27th, 2026 at 3:00am CDT.