Denton, TX 76208,5094 E Mckinney Street
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Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
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$ 2,100,000
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5094 E Mckinney Street Denton, TX 76208

4 Beds

3 Baths

2,340 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $897

Subdivision M Forrest

MLS Listing ID 20879225

Style Ranch,Traditional

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1982

Annual Tax Amount $12,029

Lot Size 8.455 Acres

Acres 8.455

Property Sub-Type Single Family Residence

Property Description

Calling all Developers, Investors, and Visionary Business Owners: Seize a rare opportunity to shape the future of a rapidly expanding area with this exceptional 8.455-acre multi-parcel property. Boasting strategic zoning, significant rezoning potential, and unparalleled location.
Strategic Zoning for Diverse Development:
5.76 Acres (Zoned RR - Rural Residential): Envision a thriving custom home community,or modern townhomes catering to the growing demand for quality housing.
0.9267 Acres (Zoned R4 - Mixed-Use): Capitalize on the flexibility of this zoning to create a dynamic commercial hub, establish professional office spaces, develop high-traffic retail, or construct lucrative multi-family residences.
An adjacent 1.7-acre commercial mixed-use offering even greater scale and potential for integrated development.
Maximize Your Investment: Significant Rezoning Potential: Explore opportunities to expand into higher-density residential or unlock further commercial possibilities, maximizing your ROI.
Embrace the Live-Work-Play Concept: Design a vibrant mixed-use community that seamlessly blends residential living with convenient retail and professional spaces, creating a highly desirable destination.
Existing Amenities & Prime Location: While offering immense development potential, the property also features valuable existing assets:
A spacious 4-bedroom, 3-full-bath home with a welcoming layout, perfect for temporary on-site management or potential incorporation into your development plans.Large Barn-Workshop (1200 sq ft): Ideal for storage during development, project staging. Horse-Friendly: The expansive land provides ample space for equestrian activities, appealing to a niche market or offering a unique amenity within a residential development.
Unmatched Development Potential: Situated in a booming corridor experiencing significant residential and commercial growth, your project will be at

Location

State TX

County Denton

Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.

Rooms

Dining Room 1

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Open Floorplan, Pantry, Walk-In Closet(s), Second Primary Bedroom

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Gas

Flooring Ceramic Tile

Fireplaces Number 1

Fireplaces Type Decorative

Appliance Disposal

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Private Entrance

Garage Spaces 2.0

Carport Spaces 4

Fence Fenced, Gate

Utilities Available Electricity Available, Electricity Connected, Individual Gas Meter, Natural Gas Available, Septic, Well

Roof Type Composition

Total Parking Spaces 6

Garage Yes

Building

Lot Description Acreage, Cleared, Few Trees, Interior Lot, Landscaped, Level, Many Trees, Oak

Story One

Foundation Slab

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Rivera

Middle Schools Bettye Myers

High Schools Ryan H S

School District Denton Isd

Others

Ownership See Tax

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20879225


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Veronica Yeary • All City Real Estate, Ltd. Co.
agent

Alex Armstrong

Agent | License ID: 0767214

+1(214) 295-6885

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5094 E Mckinney Street