Listing
$2,000,000
12588 Fl••••• Rd (Sign up for 50 free credits to unlock)Krum, TX 76249
Property Description
Development opportunity in Denton County with no city or ETJ restrictions. +/-23.7 acres on a hard corner of FM 1173 with a fully entitled 20-lot subdivision (final plat pending water meter). Designed for 1-acre homesites, this community offers flexibility for custom homes, barndominiums, or estate-style living in a growing North Texas corridor. A unique feature of the property is optional access to a nearby grass airstrip and Bird Dog Airfield, offering added appeal for aviation enthusiasts without limiting the broader buyer pool. Surrounded by large tracts providing privacy, open space, and limited future density, helping support long-term value. Highlights: 20 one-acre lots No ETJ FM 1173 frontage Entitled plat Flexible use Optional aviation access Ideal for builders, developers, or investors seeking a differentiated project with both mass appeal and niche upside.
Property Facts & Features
- Property Type
- Land
- Status
- For Sale
- Listed
- Apr 2, 2026
- ZIP Code
- 76249
- Property Tax (2025)
- $3,038/yr
- Assessed Value
- $220,000
- County
- Denton
- School District
- Krum Independent School District
Features & Amenities
Land Info
- Lot Description: Acreage, CornerLot, Subdivision, FewTrees
- Lot Size Acres: 23.763
- Lot Size Source: Plans
- Number of Lots: 20
- Lot Size Square Feet: 1035116
Utilities
- Sewer: AerobicSeptic
- ElectricityAvailable
- SepticAvailable
- WaterAvailable
- Water Source: CommunityCoop, Rural
School Information
- Elementary School: Dyer,Krum
- High School: Krum
- Middle School: Krum,Dodd
Other Property Info
- Source Listing Status: Active
- County: Denton
- Current Use: Development
- Directions: corner of flow rd and 1173
- Restrictions: DevelopmentRestriction
- Possible Use: Development, Residential, SingleFamily, Subdevelopment
- Source Neighborhood: Aerovillage
- Parcel Number: 60542
- Postal City: KRUM
- Subdivision: Aerovillage
- Zoning Description: no city limit no etc
- Property Subtype: UnimprovedLand
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: AirportRunway
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Apr 2, 2026 | Listed | $2,000,000 | - |
| Mar 16, 2025 | Sold | - | - |
| Nov 10, 2024 | Listed | $480,000 | - |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2025 | $3,038 | $220,000 | $220,000 | - | $220,000 |
| 2023 | $3,502 | $246,383 | $246,383 | - | $246,383 |
| 2022 | $1,845 | $112,880 | $112,880 | - | $112,880 |
| 2021 | $1,257 | $79,661 | $79,661 | - | $79,661 |
| 2020 | $1,250 | $79,661 | $79,661 | - | $79,661 |
| 2019 | $1,288 | $79,661 | $79,661 | - | $79,661 |
| 2018 | $1,090 | $61,745 | $61,745 | - | $61,745 |
| 2017 | $1,097 | $61,745 | $61,745 | - | $61,745 |
| 2016 | $1,104 | $61,745 | $61,745 | - | $61,745 |
| 2015 | $1,296 | $71,972 | $71,972 | - | $71,972 |
| 2014 | $1,304 | $71,972 | $71,972 | - | $71,972 |
| 2013 | $833 | $45,674 | $45,674 | - | $45,674 |
Nearby Schools
- Dyer Elementary School6.8 mi
Public · Elementary · Grades K-5
- Krum Middle School7.4 mi
Public · Middle · Grades 6-8
- Krum High School7.5 mi
Public · High · Grades 9-12
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W Us••••• 380, 76249For Sale · 4.9 mi awayLocation
Lat 33.30378 · Lng -97.34603