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Investment Highlights

  • Planned Mixed-Use Development in Lake Dallas, TX
  • Planned for up to 340 garden-style multifamily units alongside a horizontal retail component of up to 60,000 SF
  • Lake Dallas sits directly along I-35E with quick access to Denton 10 miles north and Lewisville 6 miles south
  • A 22.23 AC mixed-use development site with multifamily and horizontal retail components in Denton County
  • Strategic Location in a major corridor of Denton County
  • At the center of the Dallas-Fort Worth metroplex. The location draws on a strong workforce housing base, benefiting from proximity to universities

Executive Summary

Lakeshore Landing offers a rare opportunity to acquire a 22-acre mixed-use development site strategically positioned in the heart of Denton County along Interstate 35E. This prime property is planned to accommodate up to 340 garden-style multifamily units complemented by a horizontal retail component of approximately 60,000 square feet, creating a dynamic live-work environment in one of North Texas’s fastest-growing corridors.
The site’s location leverages excellent connectivity, with Denton just 10 miles to the north and Lewisville six miles south, serving as a central destination in the Dallas-Fort Worth metroplex. Nearby universities, robust employment centers, and strong residential growth patterns make the property well-suited for long-term value creation. Zoned PD for mixed-use, the site supports diverse commercial applications such as retail, hospitality, and convenience services. Developers and investors will benefit from its high visibility and adaptable layout, ensuring flexibility for current and future project phases.
This offering places buyers at the intersection of demand and opportunity in a thriving market known for sustained growth and business-friendly infrastructure.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Carwash
  • Convenience Store
  • Fast Food
  • Restaurant
  • Strip Center
Total Lot Size 22.23 AC
Zoning PD - R-3 & C-1 - Multifamily, Retail / Restaurant with one hard corner

1 Lot Available

Lot

Lot Size 22.23 AC

Lakeshore Landing is a 22-acre mixed-use development site in Lake Dallas, TX, zoned PD for multifamily and retail. Positioned along I-35E, it offers exceptional visibility, rapid access to Denton and Lewisville, and strong growth potential in the DFW

Description

The subject property at 502 N Shady Shores Dr is a vacant land parcel totaling approximately 22 acres situated in Lake Dallas, Denton County, Texas. It is located along Interstate 35E, offering significant connectivity to regional markets such as Denton and Lewisville. The parcel is zoned PD for mixed-use, supporting a variety of land uses including multifamily and retail. According to public records, it lies within a flood zone designated as B and X, indicating areas of moderate hazard beyond the 100-year floodplain. Regional infrastructure includes proximity to commuter rail stations operated by the Denton County Transportation Authority and major airports, such as Dallas-Fort Worth International (approximately 19 miles away). Assessment records reflect a combined valuation exceeding $4 million as of the latest tax year.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R62131
Land Assessment
$3,998,982
Improvements Assessment
$87,835
Total Assessment
$4,086,817
  • Listing ID: 41126596

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 502 N Shady Shores Dr, Lake Dallas, TX 75065

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