For sale

$399,900

De Moye Ln, Aubrey, TX 76227

32beds

--sqft

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Multi Family

Built in 2026

-- sqft lot

$390,000 Zestimate^®

$--/sqft

$-- HOA

What's special

A Shovel-Ready Multifamily Parcel. An entitled 1.63-acre multifamily development site situated in one of North Texas's fastest-growing suburban markets. This parcel — Lot 6, Block A of the De Moye-Magnolia Addition — arrives with City-approved Planned Development zoning designating it for multifamily residential use, entitling a developer to build up to 16 dwelling units without additional zoning action. Updated civil plans included in sale. Begin permitting and construction immediately upon closing. At $399,900 for 16 approved units, land cost per door is $25K - among the lowest available for entitled multifamily in Denton County. All 16 units are approved as 2-bedroom dwellings—maybe the most in-demand unit type in suburban rental markets. Construction materials and fencing TBD.

49 days

377

13

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 32
Bathrooms: 16
Full bathrooms: 16

Heating

Natural Gas

Cooling

None

Features

Other
Flooring: See Remarks
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 1
Parking features: Assigned, Open
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Pool features: None
Fencing: Wood

Lot

Size: 1.63 Acres
Features: Acreage, Level

Details

Parcel number: R982282

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Foundation: Other
Roof: Composition

Condition

Year built: 2026

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Demoye Magnolia Addition

HOA

Has HOA: No

Location

Region: Aubrey

Financial & listing details

Annual tax amount: $5,416
Date on market: 5/30/2026
Cumulative days on market: 50 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$390,000

$371,000 - $410,000

$1,635/mo

Price history

Date	Event	Price
5/30/2026	Listed for sale	$399,900-16.5%
Source: NTREIS #21286063 Report a problem
3/16/2026	Listing removed	$479,000
Source: NTREIS #21062516 Report a problem
2/2/2026	Price change	$479,000-4%
Source: NTREIS #21062516 Report a problem
12/30/2025	Price change	$499,000-9.1%
Source: NTREIS #21062516 Report a problem
11/13/2025	Price change	$549,000-8.3%
Source: NTREIS #21062516 Report a problem
10/8/2025	Price change	$599,000-14.3%
Source: NTREIS #21062516 Report a problem
9/17/2025	Listed for sale	$699,000
Source: NTREIS #21062516 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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