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Days166Days on Market
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$1,675,000

$1,874,000

5094 E Mckinney Street, Denton, TX, 76208

On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths2,340 Sq Ft
price_per_sqft$715.81 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile

Exterior

Lot Size5.76 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR37314
SubdivisionM. Forrest
Land UseAgriculture / Farming
Legal DescriptionA0417A M. FORREST, TR 150, 5.76 ACRES, (OUTSIDE CITY)
Census Tract021415
Assessed Land Value$473,846
Assessed Improvement Value$140,741
Assessment Year2025

About this property

JUST REDUCED — $1,675,000. ±8.5-Acre Mixed-Density Assemblage — R7 + MN Zoning Secured A rare chance to control both the rooftops and the retail that serves them. This ±8.5-acre assemblage pairs ±6.7 acres of R7 residential zoning with an adjacent ±1.7-acre MN mixed-use parcel — giving one developer the scale, flexibility, and entitlement certainty to execute a fully integrated, master-planned community inside Denton city limits. Two zoning designations. One cohesive vision. The ±6.7-acre R7 tract supports single-family detached homes, townhomes, duplexes, triplexes, and fourplexes — ideal for missing-middle housing, build-to-rent, or small-lot residential. The ±1.7-acre MN parcel fronting E. McKinney supports neighborhood retail, medical and professional office, live-work, multifamily, and civic uses. Together, they let you build both the housing and the neighborhood-serving commercial that captures its demand — all within a single unified plan. Entitlement certainty, corridor position. Secured zoning eliminates rezoning risk and shortens the path to site planning and vertical construction. The site sits directly across from Billy Ryan High School, delivering steady daily traffic and a stable neighborhood anchor, with direct access to Mayhill Road and Loop 288 connecting to employment, healthcare, and established neighborhoods. Mid-size entitled tracts offering both residential density and mixed-use frontage are increasingly scarce in Denton. Assembling this combination from scratch would mean multiple acquisitions, rezoning risk, and years of timeline. Here it's already done — and available as a single, developer-ready acquisition. For developers and investors seeking corridor positioning, scalable yield, and product flexibility in one of North Texas's most active submarkets, this is an execution-ready opportunity with measurable upside. Parcels also available individually.

Investor Tools

$0Estimated Mortgage Balance
$614,587Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

Interested in this property?

Veronica Yeary

All City

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,220
$614,587
2025
$473,846
$140,741
$614,587
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,220
$614,587

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$614,587
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denton

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5094 E Mckinney Street | Property Details | No Agent List