• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of JPAR North Metro- MLS# 21218821MLS ProviderContact Information: Josh Tyler - 972-836-9295

4724 N University DriveDenton, TX 76208

Vacant Land · 0.28 Acres
$159,999 Active

4724 N University Drive Overview

Visits:
9

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.

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4724 N University Drive Facts & Features

  • Type Vacant Land
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Denton ISD
  • Elementary School: Alice Moore Alexander
  • Middle Or Junior School: Bettye Myers
  • High School: Guyer

Business Information

  • Current Use: Commercial,Other,Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: DENTON
  • Subdivision Name: M Forrest

Community/Development

  • Community Features: Sidewalks
  • Development Status: Other

Tax Information

  • Tax Annual Amount: 2363.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R36660
  • Possible Use: Commercial,Mobile Home,Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Back Yard,Cleared,Interior Lot,Lawn,Level,Other
  • Lot Size Acres: 0.281
  • Lot Size Area: 0.281
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12240.36
  • Lot Size Units: Acres
  • Water Source: Private,Well

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street,All Weather Road
  • Utilities: Electricity Connected,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4724 N University Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4724 N University Drive Market Data

Based on the last 30 days in this zip code

$621,490
Average List Price
$226
Average Price per Square Foot
16
Properties Sold
197
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network


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