Listing provided courtesy of The Michael Group Real EstateMLS# 20242899MLS ProviderContact Information: Charles Horton - 469-363-0209
  • 1256 days on site
  • 25 views

Prime ±3.5-acre redevelopment opportunity located along heavily traveled N Mayhill Rd in one of Denton’s rapidly expanding growth corridors. The property offers exceptional frontage, visibility, and accessibility with strong surrounding residential and commercial growth. According to the City of Denton Future Land Use Map, the site is designated Moderate Residential, supporting potential future development opportunities including townhomes, duplexes, cottage developments, small-lot residential, or multifamily concepts, subject to City approvals. Excellent opportunity for developers, investors, or land bankers seeking a strategic infill location with long-term redevelopment potential. Buyer responsible for all due diligence, zoning verification, entitlements, development approvals, utility availability, density allowances, and any required zoning changes or site plan approvals with the City of Denton.

Source: North Texas MLS, MLS#: 20242899

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  • Property Type
    Commercial Sale
  • Lot
    3.50 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 870 N Mayhill Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/22/2026Source: North Texas MLS Price Reduction
$3,500 -12.5%
12/17/2025Source: North Texas MLS Price Increase
$1,750,000 40.0%
12/9/2025Source: North Texas MLS Price Increase
$1,250,000 25.0%
12/5/2025Source: North Texas MLS Price Increase
$4,000 14.3%
9/9/2025Source: North Texas MLS Price Reduction
$999,999 -20.0%
6/20/2025Source: North Texas MLS Price Reduction
$1,250,000 -10.1%
5/11/2025Source: North Texas MLS Price Reduction
$1,390,000 -15.8%