$1,350,000
●
Land -
For Sale
3940 Swisher Road
Denton, TX 76208
Studio
0 Bath
$6,629
Est. Monthly
About This Property
A rare 10 acre opportunity in the Denton ETJ with no deed
restrictions-ideal for investors, developers, or owner users
seeking flexible land in a high growth area. The property is fully
fenced and includes two wells (one 840 ft deep and active; the
second currently inoperable) and two septic systems. Tenants are
month to month, and both mobile homes will be removed post closing,
giving you a clean slate for redevelopment. Perfect for light
industrial, mixed use, or flex space concepts thanks to its
strategic location near major Denton corridors, Medical City
Denton, and I 35E. Appraised at $1,450,000 in 2024, this tract
delivers both convenience and long term upside.
Unit Size
-
Days on Market
-
Land Size
9.99 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2000
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #21296261)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2026 | Listed by Newland Real Estate, Inc. | $1,350,000 | |
| Listed by Newland Real Estate, Inc. | |||
| Jun 9, 2026 | No longer available | - | |
| No longer available | |||
| Mar 31, 2026 | Listed by Compass RE Texas, LLC | $1,395,000 | |
| Listed by Compass RE Texas, LLC | |||
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Location. Location. Location.
This exceptional 10-acre improved parcel offers a rare opportunity for both residential or commercial development, ideally situated just outside the city limits of Denton within the ETJ. Its prime location near Interstate 35 provides excellent accessibility and visibility, making it well suited for a variety of potential uses. Conveniently located near shopping, Texas Woman’s University, and University of North Texas, this property blends a strategic location with strong growth potential. Currently benefiting from an agricultural tax exemption, it presents a valuable investment opportunity for developers or investors. The seller also has a tenant in place who maintains and grounds-keeps the property, helping preserve its condition and usability. Backing up to The Preserve at Pecan Creek, a well-established community, this parcel is perfectly positioned for future residential communities, mixed-use, or commercial projects in one of Denton’s most desirable and expanding areas.
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Property Highlights
Exterior Details
Year Built: 2000
Lot Features: Agricultural, Cleared, Level, Many Trees, Acreage
Lot Size Area: 9.994
Lot Size Units: Acres
Lot Size Acres: 9.994
Lot Size Square Feet: 435338.64
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Denton
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Listed by: Pat Burns, Newland Real Estate, Inc.
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21296261
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21296261
Details provided by NTREIS and may not match the public record
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