12153 Mustang Rd

$5,227,200
Price
435,600 / 10
Lot Size / Acres

Description

10 Unrestricted Acres on High-Traffic Corridor – Ideal for Commercial Development
Strategically located between FM 1385 and FM 2931, this 10-acre property offers outstanding visibility and access along one of the region’s fastest-growing thoroughfares. With significant traffic counts and rapid surrounding development, this site is perfectly positioned for a wide range of commercial uses. The property consists of two 5-acre tracts, each with an existing home—ideal for temporary office space, rental
...10 Unrestricted Acres on High-Traffic Corridor – Ideal for Commercial Development
Strategically located between FM 1385 and FM 2931, this 10-acre property offers outstanding visibility and access along one of the region’s fastest-growing thoroughfares. With significant traffic counts and rapid surrounding development, this site is perfectly positioned for a wide range of commercial uses. The property consists of two 5-acre tracts, each with an existing home—ideal for temporary office space, rental income, development of storage space, or redevelopment. Unzoned and unrestricted in the county, this rare offering provides ultimate flexibility for retail, industrial, mixed-use, or service-based businesses. Whether you're looking to establish a flagship location, develop income-producing assets, or invest in a high-growth corridor, this property delivers the exposure, space, and freedom to bring your vision to life. This property sits in the front of a future 350 ac residential development.
  1. Listed by Coryann Johnson • TREC #0450333 • Texas Homes and Land • 214-908-5468

Property Details for 12153 Mustang Road

Subdivision Name
I Walters
Zoning Description
unzoned
LISTING UPDATED: 12/19/2025 02:07 PM

Property Details for 12153 Mustang Road

StatusActive
MLS #20957404
Days on Market205
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Commercial
Year Built2000
Lot Size10.00 AC
CountyDenton County

Location

Listing Courtesy of Texas Homes and Land, Coryann Johnson
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Building Information for 12153 Mustang Road

Lot Size10.00 AC

Payment Calculator

$26,119 per month

30 year fixed, 6.28% Interest

Principal and Interest

$25,829

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12153 Mustang Road

Summary
Location and General Information
  • Directions: Head East on HWY 380 from Denton. Go North on FM 2931 to a 4 way stop, cont. North and turn Right (East) on Mustang Road. GPS address
  • Year Built Details: Preowned
  • Geocode Confidence: High
  • Latitude: 33.32
  • Longitude: -96.92
  • State: Texas
Parking
  • Parking Features: Additional Parking, Covered, Driveway, Enclosed, Garage
Taxes and HOA Information
  • Tax Legal Description: A1329A I WALTERS, TR 38 & TR 39 Old DCAD
  • Special Taxing Entities: No
  • Tax Lot: 38&39
Virtual Tour
Interior and Exterior Features
Interior Features
  • Heating: Central, Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric
Exterior Features
  • Building Area Source: Public Records
  • Building Use: Other
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories In Building: 1
  • Roof: Composition
  • Number Of Units Total: 2
Property
Utilities
  • Utilities: Aerobic Septic, Cable Available, City Water, Co-op Electric, Electricity Available, Electricity Connected, Natural Gas Available
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Concessions YN: Yes
  • Handicap: No
  • Inclusions: Land & Improvements
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Few Trees, Interior Lot, Pasture
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 435600.0
  • Multi Parcel ID: Yes
  • Parcel Number: R112225
  • Parcel Number 2: R112226
  • Multi Zoning: No
  • SQFT Gross: 435600.0
Multi Family
Multi-Family Information
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Tenant Pays: Other
  • Net Operation Income: $.00
Rent Information
Rent Information
  • Owner Pays: All Utilities

Property History for 12153 Mustang Road

DateEvent & SourcePriceAppreciation
Jun 24, 2025

Listed (Active)

NTREIS #20980137

$5,227,200
Jun 4, 2025

Listed (Active)

NTREIS #20957404

$5,227,200
DateEvent & SourcePrice
06/24/2025

Listed (Active)

NTREIS #20980137

$5,227,200
06/04/2025

Listed (Active)

NTREIS #20957404

$5,227,200

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12153 Mustang Road

Taxable ValueLand-Additions-Total-
Tax Record2024$3,482 ($290 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,032 SqFtAbove Grade Finished SqFt2,032 SqFtStories1Lot Size217,800 SqFtStyleMiscellaneous ResidentialYear Built1986Year Renovated1995CountyDENTONAPNR112226Fireplace TypeHas Fireplace

Schools near 12153 Mustang Road

This home is within Pilot Point Independent School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pilot Point Intermediate School
Public1 to 5

Pilot Point Selz Middle School
Public6 to 8

Pilot Point High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12153 Mustang Road is a 10 ac of land for sale in Pilot Point, TX 76258. This property was listed for sale on June 4, 2025 by Texas Homes and Land, it's currently listed at $5,227,200. This listing's school district is Pilot Point Independent School District. Nearby schools include Pilot Point Intermediate School, Pilot Point Selz Middle School and Pilot Point High School. 12153 Mustang Road is a 0-bed, 0-bath, 2,778 sqft 10 ac of land built in 2000 on a 435,600 sq. ft. / 10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Texas Homes and Land, Coryann Johnson

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/19/2025 02:07 PM