Lot 6 DeMoye-Magnolia Addition Aubrey
Multifamily | 16 Units
Marketing description
16-Unit Entitled Multifamily Site | DeMoye Lane, Aubrey, TX — $399,900
A rare, shovel-ready land opportunity in one of North Texas's fastest-growing corridors. This 1.63-acre parcel at the corner of DeMoye Lane and North Magnolia Street in central Aubrey carries full multifamily entitlements for 16 units under City of Aubrey Ordinance — no rezoning, no uncertainty, no delay.
Location The site is positioned at US-377 (North Magnolia Street) with walkable access to Historic Downtown Aubrey, Aubrey ISD schools, and local civic services. Denton is 14 miles northwest; Frisco and McKinney are approximately 25 miles southeast; DFW International Airport is roughly 38 miles south — placing future residents squarely within commute range of the region's major employment centers.
Investment highlights
Zoning is approved and in place - no rezoning process required. Begin permitting and construction immediately. At $399,900 for 16 approved units, land cost per door is among the lowest available for entitled multifamily in Denton County. All 16 units are approved 2 bedroom dwellings - the most in-demand type in suburban rental markets.
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