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Days166Days on Market
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$1,094,000

$1,095,000

5094 E Mckinney Street, Denton, TX, 76208

On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths2,340 Sq Ft
price_per_sqft$467.52 / 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

**±6.7 Acres • R7 Zoning Secured • Denton Growth Corridor** **5090–5094 E. McKinney St., Denton, TX** A shovel-ready development opportunity with the hardest part already done: **entitlements are secured.** This ±6.7-acre site carries R7 (Residential 7) zoning today — no rezoning risk, no lengthy approval timeline, no uncertainty. Just a clear path from acquisition to site planning to vertical construction. **Why R7 matters right now:** securing higher-density zoning inside city limits has become slow and unpredictable across North Texas. This property removes that obstacle entirely and lets you move directly to execution. **Build what the Denton market actually wants.** R7 supports a broad mix of residential product: - Single-family detached homes - Townhomes, duplexes, triplexes, and fourplexes - Build-to-rent communities and missing-middle housing The ±6.7-acre scale is large enough for a cohesive master-planned concept or phased development, yet flexible enough to diversify your unit mix, optimize yield, and manage absorption risk. **Location that drives demand.** - Directly across from Billy Ryan High School — a built-in traffic and neighborhood anchor - Strong arterial frontage and high visibility along the expanding E. McKinney corridor - Convenient access to major thoroughfares, retail, employment nodes, and regional connectivity - Backed by Denton's steady population growth, university presence, healthcare expansion, and deep regional job base **Also available:** an adjacent ±1.7 acres zoned MN — combine the parcels for added scale and a broader product strategy. For developers and investors seeking density, corridor positioning, and entitlement security in one of North Texas's most active submarkets, this is a **developer-ready asset with measurable upside.** Serious inquiries welcome — contact us to request the full offering package and site plan.

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
$6,564 /month
Positive
Cash Flow Estimate:
$2,188 /month

Interested in this property?

Veronica Yeary

All City

ContactContact

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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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Explore

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