5094 E Mckinney St, Denton, TX 76208

$1,675,000

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List Price
$1,675,000
Price Change
▼ $199,000 1785451086
MLS#
21141847
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1982
Construction Status
Preowned
Acres
8.46
County
Denton
City
Denton
Subdivision
M Forrest

Property Description

Price improved to $1,675,000. ±8.45 acres on E. McKinney St inside Denton city limits, with two zoning districts already in place: ±6.7 acres zoned R7 residential and an adjacent ±1.7 acres zoned MN mixed-use. One purchase puts the housing and the neighborhood-serving frontage under one owner, planned together from day one. Two zonings. One plan. The R7 tract suits single-family, townhome, and duplex-style product, a fit for small-lot residential or build-to-rent. The MN parcel fronting E. McKinney suits neighborhood retail, medical and professional office, and live-work. Buyer to verify permitted uses, density, and all development requirements with the City of Denton. Because the zoning is already in place, the next step is platting and site planning, not a rezoning case. The R7 tract includes an existing 3-bed, 3-bath home, 2-car garage, 6-car covered carport, and oversized barn, currently used as residential, so the property can stay in use while plans move forward. Utilities on the R7 tract: well, septic, electric, and gas. R7 tract is outside the 100-year floodplain. Directly across from Billy Ryan High School, with access to Mayhill Rd, Loop 288, and I-35E. Offered as a single acquisition. Parcels also available individually.

Additional Information

Unexempt Taxes
$12,029
Tenant Pays
None
Lot Size
368,299
Acres
8.46
Lot Description
Cleared, Hardwood Trees, Irregular Lot, Landscaped, Level, Trees, Few Trees
Flooring
Tile
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Attached, Additional Parking, Circular Driveway, Paved, Covered, Garage - Single Door, Electric Gate, Garage, Gravel, Private
Possession
ClosePlus30To60Days
Proposed Use
Other
Inclusions
Land & Improvements

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Veronica Yeary from All City. Contact: 469-441-8890

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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