The Subject Property is an excellent infill opportunity to acquire 75 Townhome lots in fast-growing Denton, TX. The property is within walking distance of the Texas Women's University campus and its 16,000+ students. The University of North Texas campus, with a current enrollment of over 46,000, is less than 2.5 miles away. Additionally, the Historic Downtown Denton Square, home to unique
shopping and dining, is just over 1.5 miles from the property. Mingo Road connects to Downtown Denton to the southeast and both University Drive/US 380 and Loop 288 to the northeast.
Seller has begun the process with the City of Denton to rezone the +/- 8.8 acre tract to R7 and has a preliminary concept plan in place based on that zoning. The concept plan calls for 75 Townhome Lots with green space, parking, and a small dedicated amenity space. Seller has already received approval from Planning and Zoning and goes to City Council on March 25, 2025. Buyer to verify all plans and zoning with the City of Denton and Close on Preliminary Plat approval.