4724 N University DR, Denton, TX 76208
4724 N University DR, Denton, TX 76208
4724 N University DR, Denton, TX 76208
4724 N University DR, Denton, TX 76208
4724 N University DR, Denton, TX 76208
4724 N University DR, Denton, TX 76208
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$ 157,500
Est. payment | /mo

0.28 Acres Lot


$ 157,500
Est. payment | /mo

0.28 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision M Forrest

MLS Listing ID 21218821

HOA Y/N No

Annual Tax Amount $2,363

Lot Size 0.281 Acres

Acres 0.281

Property Sub-Type Unimproved Land

Property Description

Great Investment. Zoned residential. 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. The firework stand and home directly across form 1809 N.Trinity is going to be removed and large luxury home will be built with nice gated entrance. No HOA and opportunity to take home completely off grid if needed. Possible option to change to commercial if acquiring neighboring property. Multiple neighbors open to possible selling. Opportunity to buy just under 3.5 total acres with purchase of connecting 4 properties. You could combine all properties and make a massive lot with no HOA.

Location

State TX

County Denton

Community Sidewalks

Zoning No known restrictions

Direction Located directly off of HWY 380

Interior

Fireplace No

Exterior

Community Features Sidewalks

Utilities Available Electricity Connected, Water Available

Water Access Desc Private,Well

Present Use Commercial,Other,Residential,Single Family

Road Frontage City Street, All Weather Road

Private Pool No

Building

Lot Description Back Yard, Cleared, Interior Lot, Lawn, Level, Other

Water Private, Well

Schools

Elementary Schools Alice Moore Alexander

Middle Schools Bettye Myers

High Schools Guyer

School District Denton Isd

Others

Tax ID R36660

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21218821

Nearby Locations

Sam Ruben

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(214) 228-1431

sam@samruben.com

3000 Custer Pkwy #270-220, Plano, Texas, 75075, USA

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4724 N University DR