4716 E University Drive, Denton, Texas

$495,000

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4

Beds

3

Baths

2,777

Square feet

1.83

Acres

About 4716 E University Drive

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.

Features of 4716 E University Drive

MLS® # 21410033
Price $495,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,777
Acres 1.83
Year Built 1963
Type Residential
Sub-Type Single Family Residence
Style Ranch
Status Active

Community Information

Address 4716 E University Drive
Subdivision M Forrest
City Denton
County Denton
State Texas
Zip Code 76208-1204

Amenities

Utilities Aerobic Septic, Concrete, Curbs, Electricity Connected, Overhead Utilities, Sidewalk, Well
# of Garages 2
Garages Drive Through, Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features High Speed Internet Available, Open Floorplan
Heating Electric, Fireplace(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Brick, Wood Burning

Exterior

Exterior Features Covered Patio/Porch, Storage
Lot Description Acreage, Interior Lot, Lrg. Backyard Grass
Construction Brick, Siding

School Information

District Denton ISD
Elementary Hodge
Middle Strickland
High Ryan H S

Financial Information

HOA None
Tax Unexempt $16,701

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentCurt Erwin, Jr
OfficeReal T Team by eXp
Contact Info940-300-0361

Listing Map

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