4716 E University Drive, Denton, TX 76208
4716 E University Drive, Denton, TX 76208
4716 E University Drive, Denton, TX 76208
4716 E University Drive, Denton, TX 76208
4716 E University Drive, Denton, TX 76208
4716 E University Drive, Denton, TX 76208
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$ 495,000
Est. payment | /mo

4 Beds

3 Baths

2,777 SqFt


$ 495,000
Est. payment | /mo

4 Beds

3 Baths

2,777 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,777 sqft

Subdivision M Forrest

MLS Listing ID 21410033

Style Ranch

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1963

Annual Tax Amount $16,701

Lot Size 1.825 Acres

Acres 1.825

Property Sub-Type Single Family Residence

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.

Location

State TX

County Denton

Direction From Denton, east on University Drive, the property is on the right, sign in front yard.

Rooms

Dining Room 1

Interior

Interior Features High Speed Internet Available, Open Floorplan

Heating Electric, Fireplace(s)

Cooling Window Unit(s)

Fireplaces Number 1

Fireplaces Type Brick, Wood Burning

Appliance Electric Range

Heat Source Electric, Fireplace(s)

Exterior

Exterior Feature Covered Patio/Porch, Storage

Garage Spaces 2.0

Carport Spaces 2

Fence Chain Link

Utilities Available Aerobic Septic, Concrete, Curbs, Electricity Connected, Overhead Utilities, Sidewalk, Well

Street Surface Concrete

Total Parking Spaces 4

Garage Yes

Building

Lot Description Acreage, Interior Lot, Lrg. Backyard Grass

Story One

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Hodge

Middle Schools Strickland

High Schools Ryan H S

School District Denton Isd

Others

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21410033

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by CURT ERWIN, JR • Real T Team by eXp

Schools and Properties Nearby

Robyn Thomas

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4716 E University Drive