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821 N Mayhill Rd
Denton, TX 76208
Multifamily Development Opportunity in Denton · Land For Sale · 23.69 AC

Executive Summary

Dosch Marshall Real Estate is marketing this ±23.69-acre Denton development opportunity on behalf of ownership. Pricing is available upon request; contact listing brokers John Dosch (john.dosch@dmre.com, 918.629.1386) or Nic Cunningham (nic.cunningham@dmre.com, 817.908.8554) for financials and offer procedures. Ownership will evaluate prospective purchasers based on experience and financial qualifications, and reserves the right to withdraw the property from consideration at any time prior to execution of a purchase agreement. The site sits at the center of significant Denton County momentum, including the 3,200-acre Landmark by Hillwood master-planned community, the 2,500-acre Craver Ranch MPC, MP Materials' 1,500+ job expansion, and the ongoing I-35 widening from four to six lanes between US 77 and FM 3002. DFW was named the #1 Real Estate Market to Watch for 2026 by ULI and PwC.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 23.69 AC
Opportunity Zone Yes
Zoning Multifamily - Entitled for 281 MF and BTR Units

1 Lot Available

Lot

Lot Size 23.69 AC

±23.69-acre development site at 821 N Mayhill Rd in Denton, TX. Parcel ID R35809. Legal Description: A0927A MEP & PRR, TR 17(PT)-, 17.123 Acres, Old DCAD TR 4.

Description

821 N Mayhill Rd is a ±23.69-acre land site in Denton, Texas, offered by Dosch Marshall Real Estate. Located at the northern tip of the Dallas-Fort Worth metroplex, Denton pairs a fast-growing residential base with the youthful energy of a 50,000-plus student population from the University of North Texas and Texas Woman's University. The property is zoned Residential 7, has utilities available to the site, and carries a combined 2025 tax rate of 1.990% (City of Denton, Denton County, and Denton ISD). Students are served by Denton ISD, zoned to Hodge Elementary, Strictland Middle, and Ryan High School. Within a one-mile radius, the site sees an estimated 2026 population of 8,019 with 22% five-year growth projected, average household income of $75,657, and a median owner-occupied home value of $326,045, with even stronger figures at the three- and five-mile rings. The immediate trade area is anchored by Downtown Denton, the Golden Triangle Mall, and national retailers including Kroger, Walmart, Target, Home Depot, HomeGoods, and Ulta. Nearby multifamily development, including Eden Village (222 units), Hummingbird Apartments (360 units), and Olivo Apartments (250 units), underscores continued residential demand in the corridor. Broader momentum across Denton County supports the site's long-term positioning, including the Landmark by Hillwood (3,200 acres, 9,000+ homes planned), Cole Ranch (3,100 acres), and Craver Ranch (2,500 acres, 9,200 homes approved) master-planned communities; employment growth from MP Materials (1,500+ jobs) and the Novartis Radioligand Therapy site (opening 2028); and infrastructure investment including the I-35 widening from four to six lanes between US 77 and FM 3002.

Property Taxes

Property Taxes

Parcel Number
R35809
Land Assessment
$1,491,756
Improvements Assessment
$3,696
Total Assessment
$1,495,452
  • Listing ID: 41560792

  • Date on Market: 8/5/2026

  • Last Updated:

  • Address: 821 N Mayhill Rd, Denton, TX 76208

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