Price Reduction
Listed By:
JPAR North Metro
Address
4724 N University Drive, Denton, TX
Price
$ 129,999
Property Attributes
  • MLS#21345432
  • TypeSingle Family
  • Listing Status Active
  • CountyDENTON
  • CityDenton
  • NeighborhoodM Forrest
  • Zip76208
  • StyleSingle Family Residence
  • Year Built2024
  • Taxes$ 2363
  • Price$ 129,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.281 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.

Elementary School
Alice Moore Alexander Elementary School
Price History
8/1/2026 Listed $154,999
8/12/2026 17$129,999

General Features

Utilities All Weather Road,Electricity Connected,Private Water,Sidewalk,Well,Other
Possession Closing/Funding
Appliances Other
Easements Utilities,Water Lines
current use Commercial,Residential,Other
Restrictions No Mobile Home,Unknown Encumbrance(s),Other
School District Denton ISD
Year Built 2024
Levels One
AG Exemption No
Unexempt Taxes 2363
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name M Forrest
Possible Use Commercial,Mobile Home,Residential
Transaction Type For Sale
Occupant Type Vacant
County Denton
Property Type Residential
Construction Materials Aluminum Siding
HOA Type None
Status Active
Directions Located directly off of HWY 380
City Denton
Elementary School Name Alice Moore Alexander
High School Guyer
Elementary School Alice Moore Alexander
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21345432
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Other
Room Count 1
Lock Box Type None

Exterior Features

Exterior Features RV/Boat Parking
Lot Features Cleared,Interior Lot,Level,Lrg. Backyard Grass,Other
Other Structures Shed(s)
Lot Size Source Assessor
Parking Features Additional Parking,Parking Lot,RV Access/Parking,Unpaved
Lot Size Less Than .5 Acre (not Zero)
Lot Size Area 0.2810
Lot Size Units Acres
Structural Style Single Detached
Road Frontage Type City Street,Sidewalk
Lot Size Square Feet 12240.3600
Lot Size Acres 0.2810

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 76208

Price
AVG $670K
$130K
Taxes
AVG $9,646
$2,363
Year Built
AVG 2011
2024
Visits
AVG 215
48
Data Provided by Inside Real Estate®

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