Project will be a 52 unit BTR townhome project. Developer has a rough bid estimate on the land acquisition, vertical and horizontal cost. Strategically located adjacent to Loop 288 in the thriving city of Denton, Texas, this 4.97-acre site presents an exceptional development opportunity within an Opportunity Zone. With direct access to I-35, this property boasts excellent connectivity to the greater Dallas-Fort Worth metroplex and is minutes away from major attractions like the University of North Texas, Texas Woman’s University, and the vibrant Denton Square.
The area is known for its diverse mix of residential, retail, and industrial development, making it a dynamic environment for investors and developers alike. This location is ideal for multifamily or mixed-use development with city zoning that allows for apartments, townhomes, boutique hotels, and small-format retail.
Broker is Owner. Geotech, Phase 1, Topography, Downstream assessment, tree survey have all be completed. Property will be sold shovel ready. Project will be a 52 unit BTR townhome project. Owner is agent.
Lot/land
Price cut: $200K (3/4)
$1,300,000
1201 S Loop 288, Denton, TX 76205
--beds
--baths
4.97Acres
Unimproved Land
Built in ----
4.97 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 71 days |
- 58 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2026 at 12:29pm
Listed by:
Hayden Houston 0812422 (940)381-2220,
Verus Advisors 940-381-2220
Source: NTREIS,MLS#: 21161551
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 4.97 Acres
- Dimensions: 2500
- Features: Acreage, City Lot
Details
- Parcel number: R35941
- Zoning description: Zoned MN
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Audra
HOA
- Has HOA: No
Location
- Region: Denton
Financial & listing details
- Tax assessed value: $5,121,437
- Annual tax amount: $101,827
- Date on market: 1/27/2026
- Cumulative days on market: 77 days
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,858/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $1,300,000-13.3% |
Source: NTREIS #21161551 Report a problem | ||
| 2/28/2026 | Price change | $1,500,000-6.3% |
Source: NTREIS #21161551 Report a problem | ||
| 1/27/2026 | Listed for sale | $1,600,000 |
Source: NTREIS #21161551 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $101,827 +9.7% | $5,121,437 +6.5% |
| 2024 | $92,830 +5.7% | $4,809,369 +4.6% |
| 2023 | $87,831 +20% | $4,600,000 +33.4% |
| 2022 | $73,194 | $3,447,970 +3.5% |
| 2021 | -- | $3,331,286 +0.7% |
| 2020 | $73,520 +17.7% | $3,307,186 +21% |
| 2019 | $62,450 -9.2% | $2,732,186 -5.3% |
| 2018 | $68,809 | $2,883,813 +15.4% |
| 2017 | -- | $2,500,000 +104.1% |
| 2016 | -- | $1,224,601 -38.8% |
| 2015 | $50,089 | $2,000,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76205
Nearby schools
GreatSchools rating
- 2/10Alice Moore Alexander ElementaryGrades: PK-5Distance: 1 mi
- 4/10Strickland Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Ryan High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Alice Moore Alexander
- Middle: Strickland
- High: Ryan H S
- District: Denton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76205
- Texas
- Denton County
- Denton
- 76205
- 1201 S Loop 288



