821 N Mayhill Rd
Denton, TX 76208
Multifamily Development Opportunity in Denton · Terrain À vendre · 9,59 ha

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.