Denton, TX 76208 4724 E University Drive
$165,000



7 more







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Home Details
Great Investment. NO HOA. NO RESTRICTIONS. Seller only open to selling this property attached to the home at 1809 N.Trinity that is two lots over. There are multiple neighbors interested in selling also and you could attach all the land together. Message for details. 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. No Known Restrictions. Seller is also selling home connected to this water well close by on 1.75 acres with large metal building, huge garage, open yard, no HOA, 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. Great opportunity to own a large property and water well in booming area.
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Interior Features for 4724 E University Drive
Other Interior Features
Lock Box TypeNone
General for 4724 E University Drive
CityDenton
CountyDenton
Development StatusCity Limits, Streets Installed, Utilities Installed
DirectionsLocated directly off of HWY 380
EasementsOther
Elementary SchoolHodge
Elementary School NameHodge
HOA TypeNone
High SchoolRyan H S
Listing TermsCash, Conventional
Number Of Wells1
Occupant TypeVacant
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsUnknown Encumbrance(s)
School DistrictDenton ISD
Standard StatusActive
StatusActive
Subdivision NameM Forrest
Unexempt Taxes2363
UtilitiesAll Weather Road, Electricity Connected, Private Water, Sidewalk, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Zoning DescriptionNo known restrictions
current useVacant, Other
Exterior for 4724 E University Drive
Frontage Feet124
Lot FeaturesCleared, Interior Lot, Level, Lrg. Backyard Grass, Other
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2810
Lot Size Area0.2810
Lot Size Square Feet12240.3600
Lot Size UnitsAcres
Road Frontage TypeCity Street, Sidewalk
Road Surface TypeConcrete
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Hodge Elementary School
Middle School
N/A
Josh Tyler
Real Estate Agent