FM 428, Denton, TX 76208 For Sale

This ±184-acre tract is one of the last remaining large developable land positions in the FM 428 corridor, located between N. Loop 288 and the future Denton County Outer Loop and bordered by active residential development on two sides: Stark Farms (Beazer Homes) to the south and Stuart Ridge (D.R. Horton) to the west.

The infrastructure question is answered. Water and wastewater are in place at the southern boundary today, and the City of Denton has confirmed, based on a lift station flow analysis, that existing sewer capacity accommodates approximately 80 single-family units on the southern ±20 acres. The City's Clear Creek Interceptor, an active, funded capital project now advancing through design and easement acquisition, is aligned along the property's northern boundary and upon its scheduled 2028 completion will deliver gravity sewer service to the entire ±184 acres, removing the last infrastructure constraint to full buildout.

Ownership will divide. The southern ±20 acres can be acquired separately at $3.50/SF, either as a standalone, development-ready project or as the initial phase of a full ±184-acre buildout, allowing a buyer to bypass early-stage infrastructure risk and proceed directly to horizontal development while the interceptor delivers sewer to the balance of the tract.

A 450-lot single-family concept plan by LandDesign (2.5 DUA with 81.2 acres of open space), prepared following ownership meetings with City of Denton staff, demonstrates one proven path. The tract's scale, access, and utility position support a range of development and investment strategies at a compelling basis of $55,000 per acre.

Direct access to FM 428 is provided through two permanent easements at the northern and southern ends of the property, with approximately 8,000 vehicles passing daily. The site sits 0.5 miles north of N. Loop 288 with convenient access to Hwy 380 and I-35W.

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HIGHLIGHTS (bullet field)

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- ±184 acres, will divide: southern ±20 AC available separately at $3.50/SF

- $10,120,000 ($55,000/AC)

- Water and sewer in place at the southern boundary today

- City-confirmed sewer capacity for ±80 single-family lots on the southern ±20 AC

- Clear Creek Interceptor (active City of Denton capital project) aligned along the northern boundary, scheduled to serve the full tract in 2028

- 450-lot concept plan by LandDesign completed with City staff input

- Direct FM 428 access via two permanent easements; 8,000 VPD

- Bordered by Beazer Homes and D.R. Horton communities

- 0.5 miles north of N. Loop 288; convenient to Hwy 380 and I-35W

- One of the last large developable tracts between N. Loop 288 and the future Denton County Outer Loop

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KEY FACTS (spec fields)

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Property Type: Land

Proposed Use: Residential / Single-Family Development

Total Size: ±184 Acres

Sale Price: $10,120,000

Price Per Acre: $55,000

Divisible: Yes, southern ±20 AC at $3.50/SF

Zoning: City of Denton

Utilities: Water and sewer at southern boundary; Clear Creek Interceptor scheduled to serve full tract in 2028

Access: FM 428 via two permanent easements

Location: FM 428, Denton, TX 76208