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(940) 727-8307
Real Estate Company
4716 E University Dr, Denton, TX 76208
- $495,000
- 4
- BD
- 3
- BA
- 2,777
- SqFt
- List Price
- $495,000
- MLS#
- 21410033
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Ranch, Detached
- Year Built
- 1963
- Construction Status
- Preowned
- Bedrooms
- 4
- Full Baths
- 3
- Acres
- 1.83
- Living Area
- 2,777
- County
- Denton
- City
- Denton
- Subdivision
- M Forrest
- Number of Stories
- 1
- Architecture Style
- Ranch, Detached
Property Description
Motivated seller. All offers considered. HWY 380 Frontage, 1.825 Acres. Priced Well Below Appraisal. This 1.825-acre property sits on one of North Texas's fastest-growing corridors, with about 200 feet of frontage on US Highway 380 (University Drive) and steady high-traffic exposure. The site has two homes: a 4-bedroom, 3-bath main house and a detached 2-bedroom, 1-bath home. Both need updating. They can produce rental income from two units now while you plan a redevelopment, or they can be converted for office, operations, or other business use. With rezoning, the site's visibility, access, and flexible layout suit a wide range of uses, including retail, office, flex, light industrial, self-storage, and land-lease. There's plenty of room for new buildings and for vehicle circulation. That makes it a strong fit for an owner-user, a build-to-suit project, an income-producing ground lease, or a long-term land hold. Location highlights: 4 miles to Texas Woman's University and 6 miles to the University of North Texas, Minutes from Walmart, Lowe's, Home Depot, Target, Starbucks, McDonald's, CVS, and the future H-E-B, Easy access to Downtown Denton, Little Elm, Prosper, and Frisco, About 10 miles from the PGA of America headquarters, Less than an hour to both Dallas and Fort Worth. Prominent frontage, strong traffic counts, existing homes on site, and nearby employers and shopping, both established and new, make this a well-placed opportunity in the expanding Highway 380 corridor.
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Additional Information
- Unexempt Taxes
- $16,701
- Amenities
- Fireplace
- Lot Size
- 79,497
- Acres
- 1.83
- Lot Description
- Back Yard, Irregular Lot, Lawn
- Interior Features
- High Speed Internet, Open Floor Plan
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Masonry, Wood Burning
- Exterior
- Storage
- Garage Spaces
- 2
- Carport Spaces
- 2
- Parking Garage
- Drive Through, Driveway
- School District
- Denton Isd
- Elementary School
- Hodge
- Middle School
- Strickland
- High School
- Ryan H S
- Possession
- CloseOfEscrow
- Proposed Use
- Commercial, Industrial, Mixed Use
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of CURT ERWIN, JR from Real T Team by eXp. Contact: 940-300-0361
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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