Denton, TX 76208,5090 E Mckinney Street
Denton, TX 76208,5090 E Mckinney Street
Denton, TX 76208,5090 E Mckinney Street
22
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$1,299,000
Est. payment /mo
6.76 Acres Lot
Price Dropped by $1K

5090 E Mckinney Street Denton, TX 76208

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Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision M Forrest

MLS Listing ID 20773638

HOA Y/N None

Year Built 1982

Annual Tax Amount $12,029

Lot Size 6.760 Acres

Acres 6.76

Property Sub-Type Ranch

Property Description

Prime Development Opportunity! 6.7 Acres
Discover the perfect blend of country charm and future potential with this beautifully updated ranch-style home on 6.7 acres in Denton, TX!
Property Highlights: Charming & Updated Home – 4 spacious bedrooms, 3 full baths, and a warm, inviting layout, Large Barn or Workshop – Ideal for storage, projects, or equestrian use, Horses Welcome! Plenty of space for riding and outdoor activities, Unmatched Development Potential – Located in a high-growth corridor near major residential & commercial expansion, Prime Location – 227 feet of high-visibility frontage on East McKinney Street, directly across from Ryan High School
Zoning & Investment Potential: 5.76 acres (Zoned RR - Rural Residential) – Perfect for a custom home community, single-family subdivision, or townhomes, 0.9267 acres (Zoned R4 - Mixed-Use) – Ideal for commercial, office, retail, or multi-family development, Opportunity for Rezoning – Expand into higher-density residential or commercial projects, Live-Work-Play Concept – Create a vibrant mixed-use community with residential, retail, and office spaces
Priced based on a recent appraisal (November 2024), ensuring a fair market value for buyers and investors
Bonus: An adjacent 1.7-acre commercial mixed-use lot is also available for sale, offering even more expansion potential!

Don't miss this rare investment opportunity! Whether you're looking for a peaceful ranch retreat or a high-potential development site, this property has it all.

Location

State TX

County Denton

Community Gated, Perimeter Fencing

Zoning R4-RR

Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Gas

Heat Source Central, Electric

Exterior

Exterior Feature Rain Gutters, Other

Fence Chain Link, Full, Gate

Community Features Gated, Perimeter Fencing

Utilities Available Aerobic Septic, Septic, Well

Street Surface Gravel

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Few Trees, Interior Lot, Landscaped, Many Trees, Oak, Pine

Schools

Elementary Schools Rivera

Middle Schools Bettye Myers

High Schools Ryan H S

School District Denton Isd

Others

Restrictions No Known Restriction(s)

Ownership See Tax Records

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Aerial Photo, Build to Suit, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20773638


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Veronica Yeary • All City Real Estate, Ltd. Co.

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agent

Kristin Harris

Founding Broker & Realtor® | License ID: 0658327

+1(919) 630-4625

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5090 E Mckinney Street