A Shovel-Ready Multifamily Parcel. An entitled 1.63-acre multifamily development site situated in one of North Texas's fastest-growing suburban markets. This parcel — Lot 6, Block A of the De Moye-Magnolia Addition — arrives with City-approved Planned Development zoning designating it for multifamily residential use, entitling a developer to build up to 16 dwelling units without additional zoning action. Updated civil plans included in sale. Begin permitting and construction immediately upon closing. At $399,900 for 16 approved units, land cost per door is $25K - among the lowest available for entitled multifamily in Denton County. All 16 units are approved as 2-bedroom dwellings—maybe the most in-demand unit type in suburban rental markets. Construction materials and fencing TBD.
MAJOR PRICE REDUCTION and MOTIVATED SELLERS! Rare income-producing property with three potential rental units on one property! Perfect for investors, multi-generational living, or owner-occupants seeking additional income. NO HOA, NO MUD, NO PID means lower ownership costs and fewer restrictions. The 2,517 SF main home offers 3 bedrooms, 2 baths, 2 living areas, dining, flex space, fireplace, a renovated chef's kitchen with wine and coffee bar, theater or den, and a covered patio with a full outdoor kitchen. Owned propane tank services the main home. The 1,540 SF guest home is approximately 2 years old and features 2 bedrooms, each with an en-suite bath, living room, full kitchen, covered deck, its own gated driveway, finished garage with workspace, covered parking, separate electric meter, all-electric service. The 1,280 SF apartment over the detached garage includes a kitchenette, full bath, closets, storage, and a flexible layout ideal for a third rental, office, studio, or guest suite. This bonus space is approximately 2 years old and has its own electric meter. Luxury vinyl plank and tile flooring throughout all living spaces. Additional highlights include a circular drive, abundant parking, detached garage, completely fenced, and covered boat and RV parking with water and electric hookups. Just minutes from Lake Ray Roberts, this versatile property offers exciting possibilities! With three separate living spaces, expansive outdoor entertaining areas, and room to bring your vision to life, the opportunities are endless. Properties with three separate living spaces are hard to find. With today's price reduction and motivated sellers, this is an exceptional opportunity that won't last. SCHEDULE YOUR PRIVATE SHOWING TODAY!

Aubrey is located in Texas. Aubrey, Texas has a population of 5,229. Aubrey is less family-centric than the surrounding county with 33.49% of the households containing married families with children. The county average for households married with children is 40.87%.
The median household income in Aubrey, Texas is $74,216. The median household income for the surrounding county is $96,265 compared to the national median of $69,021. The median age of people living in Aubrey is 35.5 years.
The average high temperature in July is 95.8 degrees, with an average low temperature in January of 31.9 degrees. The average rainfall is approximately 39.9 inches per year, with 1.2 inches of snow per year.