4724 N University Drive, Denton, TX 76208
4724 N University Drive, Denton, TX 76208
4724 N University Drive, Denton, TX 76208
4724 N University Drive, Denton, TX 76208
4724 N University Drive, Denton, TX 76208
4724 N University Drive, Denton, TX 76208
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$ 154,999
Est. payment | /mo

0.28 Acres Lot


$ 154,999
Est. payment | /mo

0.28 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision M Forrest

MLS Listing ID 21345432

HOA Y/N None

Year Built 2024

Annual Tax Amount $2,363

Lot Size 0.281 Acres

Acres 0.281

Property Sub-Type Single Family Residence

Property Description

Great Investment. Zoned residential and commercial. Buyer and buyers agent to verify all information with county. Lot is not large enough to build a home, but can add structures that are approved by Denton county. Great for parking or small business. Located on Hwy 380. Rapidly developing area. Open lot with a money generating water well on it. This well supplies water to the neighborhood of 11 meters. $200 per house. Average electric bill is around 50.00 to operate well. Pump, pressure pump, upgraded dual, pressure tanks, electrical box, and an insulated well cap have all been recently updated by the owner. Everything is in great shape. There is room on the lot property with water & electric to add a second money making opportunity! Income producing well. Great opportunity to own a large property and water well in booming area.

Seller is also selling home connected to this water well close one lot over on 1.75 acres with large metal building, huge garage, large open yard, no HOA or restrictions, and swimming pool, MLS# 20921141, 1809 N Trinity Road, Denton, TX. No HOA and opportunity to take home completely off grid if needed. Possible option to change to commercial if acquiring neighboring property and making lot larger. Multiple neighbors open to possible selling.

Location

State TX

County Denton

Direction Located directly off of HWY 380

Rooms

Dining Room 0

Interior

Interior Features Other

Appliance Other

Exterior

Exterior Feature RV/Boat Parking

Utilities Available All Weather Road, Electricity Connected, Private Water, Sidewalk, Well, Other

Garage No

Building

Lot Description Cleared, Interior Lot, Level, Lrg. Backyard Grass, Other

Story One

Level or Stories One

Structure Type Aluminum Siding

Schools

Elementary Schools Alice Moore Alexander

Middle Schools Bettye Myers

High Schools Guyer

School District Denton Isd

Others

Restrictions No Mobile Home,Unknown Encumbrance(s),Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21345432

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Josh Tyler • JPAR North Metro

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4724 N University Drive