Priced substantially below appraisal. Motivated seller. All offers considered. HWY 380 Frontage, 1.825 Acres. 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 and have great potential to 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.
Listed By
Agency Name: Real T Team by eXp
Agency Contact: 940-300-0361
Agent Name: CURT ERWIN, JR
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,004.38 per month $888.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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4716 E University Drive | MLS# 21410033
This single family home located at 4716 E University Drive, Denton, TX 76208 is currently listed for sale with an asking price of $399,000. This property was built in 1963 and has 4 bedrooms and 3 full baths with 2777 sq. ft. E University Drive is located in the M Forrest subdivision within the Denton ISD school district. Search M Forrest real estate on www.254properties.com today.