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4209 Stuart Rd - 78-Unit Multifamily Site - Permit in Hand 2.69 Acres of Commercial Land in Denton, TX 76207

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Investment Highlights

  • Fully entitled multifamily site with permit in hand.
  • Amenitized plan featuring pool, fitness, EV charging, and dog park.
  • Balanced unit mix designed for broad tenant demand.
  • Eliminates entitlement risk and accelerates construction schedules.
  • Strong lender appeal due to approval status.

Executive Summary

Positioned within the rapidly expanding Denton submarket, 4209 Stuart Road offers a rare opportunity to acquire a fully entitled, permit-ready 78-unit multifamily development site. The property eliminates 12–24 months of entitlement timelines, political risk, and pre-development interest burn, allowing a buyer to move directly into vertical construction. With MN(S) Mixed Use Neighborhood zoning already secured and construction documents fully approved, the site provides major predictability for lenders and investors, resulting in stronger financing terms and a faster path to stabilization. The development program includes a balanced unit mix of one-, two-, and three-bedroom homes across two buildings, complemented by modern community amenities including a fitness center, controlled access, EV charging stations, dog park, community room, pool, and perimeter fencing. The 147-space parking ratio supports operational efficiency and marketability. Located near Denton’s major employment, education, and retail corridors, the site sits within a high-demand rental market supported by robust population growth and strong fundamentals. This offering represents a strategic opportunity to deliver new housing stock with reduced development risk and accelerated project timelines.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 2.69 AC
Zoning MN(S) - Mixed Use Neighborhood

1 Lot Available

Lot

Lot Size 2.69 AC

78-Unit Multifamily site on 2.69 AC - Permit in hand.

Property Taxes

Property Taxes

Parcel Number
R34623
Land Assessment
$708,024
Improvements Assessment
$0
Total Assessment
$708,024
  • Listing ID: 39628968

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 4209 Stuart Rd, Denton, TX 76207

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