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$5,227,200

12153 Mustang Rd Pilot Point, TX 76258

10.0 acres
Land

Property details

About 12153 Mustang Rd

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.

Highlights

Home typeUnimproved Land
HeatingCentral, Electric, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size10 Acres
Year built2000
MLS #20980137

Virtual tour

Summary

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $5,227,200
  • Annual Tax Amount: $3,107
  • Tax Year: 2024
  • Lot: Interior Lot, Pasture, Subdivision, Few Trees
  • 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: 2000
  • Lot Size: 10 Acres
  • MLS Number: 20980137
  • MLS Name: NTR
  • Office Name: Texas Homes and Land
  • Office Phone: (214) 908-5468
  • Listing Agent: Coryann Johnson

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/16/2025, 9:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$585,000$3,107
2023$600,000$3,808
2021$194,273$3,808
2020$188,234$2,717
2019$180,992$2,640
2018$165,514$2,640
2017$167,817$2,698

History based on county public records data.

Nearby schools

6

HL Brockett Elementary School

Public District KG-5

4.1 mi

900 Chestnut St

6

Jackie Fuller Elementary School

Public District KG-5

4.9 mi

10825 Quicksilver Blvd

2

Pilot Point Intermediate School

Public District 3-6

5.9 mi

501 E Carol St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $125,484. The most common annual income of people living in Pilot Point, TX is between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
25%
35k-100k
48%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
6%
Single, with Kids
41%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12153 Mustang Rd

The listing price of 12153 Mustang Rd property is $5,227,200.

The property 12153 Mustang Rd is land located in Pilot Point, Texas, 76258.

Active Listing: 12153 Mustang Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12153 Mustang Rd are: HL Brockett Elementary School (GreatSchools Rating 6/10), Jackie Fuller Elementary School (GreatSchools Rating 6/10), Pilot Point Intermediate School (GreatSchools Rating 2/10), Aubrey Middle School (GreatSchools Rating 5/10), Pilot Point Selz Middle School (GreatSchools Rating 5/10), Navo Middle School (GreatSchools Rating 5/10), Aubrey High School (GreatSchools Rating 7/10), Pilot Point High School (GreatSchools Rating 5/10), Braswell High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $3,107 (source: MLS/based on county public records data).

The property 12153 Mustang Rd is 10 acres.

The year of construction for 12153 Mustang Rd is 2000.

This home is located at 12153 Mustang Rd in Pilot Point, TX and zip code 76258. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $5,227,200.

The number of listings in Pilot Point, TX increased by 21.7% between May and June 2025. In June 2025 median list price was $369,000 and the average listing age was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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