Mike Browning

Tag: Flower Mound Land

  • Somebody Should Own This by Now.

    Somebody Should Own This by Now.

    Don’t be sorry you missed it.

    If you’re interested in Flower Mound or are an agent working with people looking there, you’ve probably seen this listing already.

    4.38 acres on Hawk Road, room for a horse inside the city. That combination doesn’t come up often out here.

    The price just dropped to $1,225,000, down from $1,245,000, and further down from where it opened back in January. Not a fire sale, just a seller adjusting to a market that hasn’t moved as fast as everyone assumed it would.

    The size is more unique than people give it credit for. Smaller tracts don’t qualify for a horse under Flower Mound’s rules. Bigger tracts jump into a different price bracket and a different kind of buyer. This one sits in the gap between those two, and there isn’t much else sitting there with it.

    There’s a 2005 mobile home on the property, valued at zero. Three bedroom, two bath, 1,512 square feet, sellers live there now. May work as a caretaker setup, or a place to live while a buyer plans something bigger. Flower Mound may have something to say about that (they do about most things), so check with them. There’s a chicken coop too. Not a selling point for everyone, but it tells you something about how the place has actually been lived on.

    It backs up to the future Eden Ranch subdivision without being part of it. No HOA. No committee approving your paint color. Denton ISD schools, Adkins, Harpool, Guyer.

    Seller to keep the minerals and they will need a short leaseback.

    In MLS as both land (#21161389) and residential (#21144467), pictures and aerial are below, also a flyer is linked below.

    Showings are by confirmed appointment only. The land can be shown most any time, but the sellers still live on the property so advance notice is required. The home won’t be shown initially since the value is primarily in the land, but it can be made available later if needed.

    Get the Flyer Here

    PS If you’d rather just keep an eye on what’s moving in this market before it shows up somewhere else, you can sign up below.

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  • 4.38 Acres in Flower Mound (Yes, You Can Have a Horse)

    4.38 Acres in Flower Mound (Yes, You Can Have a Horse)

    A rare mid-sized tract with room to build and a realistic timeline.

    This one just went live, and it’s a little different than what you usually see in this part of Flower Mound.

    The property is 4.38 acres on Hawk Road, asking $1.249M. The size matters, because it’s large enough to allow a horse on the property under current city rules.

    If you’ve spent any time looking in Flower Mound, you already know how rare that is. Most listings are either smaller acreage that won’t qualify, or much larger tracts that come with a very different price tag.

    The value here is in the land. That’s the honest way to say it.

    There is an existing house on the property, but most buyers will be looking at this as a future new-build site.

    Between planning, design, permitting, and approvals, it’s not unusual for that process to take a year or more anyway. Because of that, the seller’s situation is unlikely to slow a serious buyer down.

    The seller will need a leaseback on the existing house for up to one year (at no rent) while they locate and purchase a new home. They fully intend to move sooner if possible.

    Importantly, the seller is not opposed to a buyer beginning construction on a new home during the leaseback period, subject to city approval, as long as the existing house remains accessible.

    That flexibility is a big part of why we don’t see this as a deal killer for the right buyer.

    From a practical standpoint, many buyers would not be able to take possession and start building immediately anyway. This simply aligns the timeline with reality.

    A new survey will be required, and the survey will be a buyer’s expense with an acceptable offer. The seller will retain any minerals owned and will execute a surface waiver.

    If you’re an agent, please review the full offer guidelines before submitting. If you’re a buyer, your agent should already be walking you through those details. Either way, it will save everyone time and prevent misunderstandings.

    Showings are by appointment only. Do not enter the property without explicit authorization.

    That’s not a suggestion.

    The seller is still living there, and we intend to keep disruptions to a minimum. Showing instructions are available and should be followed exactly.

    This is one of those listings where the details matter. The acreage matters. The leaseback matters. If you understand how those pieces fit together, this is a very compelling opportunity in an area where land like this almost never comes up.

    And if you’re looking for a place in Flower Mound where you can build, have room, and even keep a horse, this is one you should not ignore.

    If you want to see it, click below for showing instructions and offer guidelines. Share those with your agent, and they’ll know what to do.

    If you don’t have an agent, I’m happy to help walk you through it.

    Click Here to Get Started