#20905460, Lee Shanklin, Listing Office: Real T Team by eXp
5094 E Mckinney St Denton, TX 76208
Property details
About 5094 E Mckinney St
Calling all Developers, Investors, and Visionary Business Owners: Seize a rare opportunity to shape the future of a rapidly expanding area with this exceptional 8.455-acre multi-parcel property. Boasting strategic zoning, significant rezoning potential, and unparalleled location. Strategic Zoning for Diverse Development: 5.76 Acres (Zoned RR - Rural Residential): Envision a thriving custom home community,or modern townhomes catering to the growing demand for quality housing. 0.9267 Acres (Zoned R4 - Mixed-Use): Capitalize on the flexibility of this zoning to create a dynamic commercial hub, establish professional office spaces, develop high-traffic retail, or construct lucrative multi-family residences. An adjacent 1.7-acre commercial mixed-use offering even greater scale and potential for integrated development. Maximize Your Investment: Significant Rezoning Potential: Explore opportunities to expand into higher-density residential or unlock further commercial possibilities, maximizing your ROI. Embrace the Live-Work-Play Concept: Design a vibrant mixed-use community that seamlessly blends residential living with convenient retail and professional spaces, creating a highly desirable destination. Existing Amenities & Prime Location: While offering immense development potential, the property also features valuable existing assets: A spacious 4-bedroom, 3-full-bath home with a welcoming layout, perfect for temporary on-site management or potential incorporation into your development plans.Large Barn-Workshop (1200 sq ft): Ideal for storage during development, project staging. Horse-Friendly: The expansive land provides ample space for equestrian activities, appealing to a niche market or offering a unique amenity within a residential development. Unmatched Development Potential: Situated in a booming corridor experiencing significant residential and commercial growth, your project will be at
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Summary
- MLS Number: 20879225
- MLS Name: NTR
- Office Name: All City Real Estate, Ltd. Co.
- Office Phone: (866) 277-6005
- Listing Agent: Veronica Yeary
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Last updated on: 4/17/2025, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,100,000
5094 E Mckinney St
$10,000
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Price information
Property sales
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Nearby schools
3
Alice Moore Alexander Elementary School
Public District PK-5
1.8 mi
•800 Mack Dr
3
Tomas Rivera Elementary School
Public District PK-5
2.2 mi
•701 Newton St
6
Pecan Creek Elementary School
Public District PK-5
2.6 mi
•4400 Lakeview Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,076. The most common annual income of people living in Denton, TX is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 5094 E Mckinney St
This home is located at 5094 E Mckinney St in Denton, TX and zip code 76208. This 2,340 square foot home, which was built in 1982, sits on a 8.46 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 22, 2025 and is currently priced at $2,100,000.
Between February and March 2025, Denton, TX real estate market has seen increase in the number of listings by 14%. The median list price of listings available in March 2025 was $403,626, while the average time on the real estate market was 73 days.