Prime 28-Acre Corner Lot in the Heart of Flower Mound – A Rare Mixed-Use Development Opportunity! Seize the opportunity to own one of Flower Mound’s last premier parcels—an exceptional 28-acre corner lot offering unlimited potential for both residential and commercial development. Ideally positioned in one of the most sought-after locations in town, this rare gem is perfect for developers looking to make a lasting impact on the community. With its Mixed-Use zoning potential, this property invites endless possibilities—luxury condominiums, stylish townhomes, or an elegantly integrated master-planned community with ample green space. Imagine a vibrant neighborhood featuring walking trails, scenic overlooks, or even a dog park nestled beside two picturesque ponds that enhance the property’s natural charm. Surrounded by thriving residential neighborhoods and established commercial centers, this site offers both short- and long-term investment appeal. Whether you’re envisioning a dynamic live-work-play destination or a private, exclusive estate retreat, this land is a canvas for visionary development. Don't miss your chance to secure the last crown jewel of Flower Mound—transform these 28 acres into the area’s next iconic destination.
Lot/land
$9,850,000
5400 Long Prairie Rd, Flower Mound, TX 75028
--beds
--baths
28.05Acres
Unimproved Land
Built in ----
28.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Scenic overlooksCorner lotPicturesque pondsWalking trailsDog park
- 266 days |
- 147 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: December 27, 2025 at 09:26am
Listed by:
Michael Hershenberg 0668097 817-657-2470,
Real Broker, LLC 855-450-0442,
Brad Cook 0741303 817-909-9512,
Real Broker, LLC
Source: NTREIS,MLS#: 20865765
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Barbed Wire,Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Lot
- Size: 28.05 Acres
- Features: Acreage, Back Yard, Corner Lot, Greenbelt, Lawn, Many Trees, Few Trees, Waterfront, City Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Parcel number: R966111
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Whyburn Add
HOA
- Has HOA: No
Location
- Region: Flower Mound
Financial & listing details
- Tax assessed value: $4,887,484
- Annual tax amount: $17
- Date on market: 4/8/2025
- Cumulative days on market: 267 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Listed for sale | $9,850,000 |
Source: NTREIS #20865765 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8 -54.3% | $449 -100% |
| 2024 | $17 -63.4% | $4,887,484 -60% |
| 2023 | $45 -10.6% | $12,211,140 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 75028
Nearby schools
GreatSchools rating
- 9/10Prairie Trail Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Lamar Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Marcus High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Prairie Trail
- Middle: Lamar
- High: Marcus
- District: Lewisville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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