4724 E University Drive
Denton, Texas 76208
0.28Acre(Lot)
GREAT INVESTMENT OPPORTUNITY! NO HOA! NO KNOWN RESTRICTIONS! WATER WELL WITH INCOME POTENTIAL! Located directly off Highway 380 in a rapidly developing area of Denton County, this open lot offers excellent investment potential with an existing water well that currently supplies water to 11 neighborhood homes. The homeowners are currently receiving water at no charge, and the seller does not have any payment agreements or contracts in place with the homeowners. There is potential to establish agreements and generate monthly income from the well. At $200 per home, 11 homes could generate approximately $2,200 per month in gross revenue. The average electric bill to operate the well is approximately $50 per month. All major components of the water well system have been fully upgraded,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
All Weather Road,Electricity Connected,Private Water,Sidewalk,Well
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Lot Information
Lot Size (Acr): 0.2810 Lot Size Units: Acres Lot Size Square Feet: 12,240 Lot Features: Cleared,Interior Lot,Level,Lrg. Backyard Grass,Other -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: M Forrest City: Denton State: Texas Directions: Located directly off of HWY 380 Property Status: Active
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Listing Price Information
Original List Price: $139,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: R36660 Tax Block: A Tax Legal Description: A0417A M. FORREST, TR 55, .281 ACRES, OLD DCA Unexempt Taxes: $2,363
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Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Hodge Middle School: Strickland High School: Ryan H S School District: Denton ISD -
Utility Information
Utilities: All Weather Road,Electricity Connected,Private Water,Sidewalk,Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5024 E University Drive, Denton, TX, 76208 | $987,450 | -- | -- | -- | 1 Acre(Lot) |
| 4716 E University Drive, Denton, TX, 76208 | $749,000 | -- | -- | -- | 1.83 Acres(Lot) |
| TBD E University, Denton, TX, 76208 | $4,250,000 | -- | -- | -- | 60 Acres(Lot) |
| 4400 E University, Denton, TX, 76208 | $8,900,000 | -- | -- | -- | 85.50 Acres(Lot) |
| 5165 Hartlee Field Road, Denton, TX, 76208 | $16,500,000 | 4 | 5 | 5,621 | 247 Acres(Lot) |
| 2701-2757 Greenleaf Cir.., Denton, TX, 76208 | $4,599,499 | -- | -- | -- | 22.68 Acres(Lot) |
| 3940 Swisher Road, Denton, TX, 76208 | $1,350,000 | -- | -- | -- | 9.99 Acres(Lot) |
| 5200 E Mckinney Street, Denton, TX, 76208 | $900,000 | -- | -- | -- | 2.49 Acres(Lot) |
| 5130 E Mckinney Street, Denton, TX, 76208 | $590,000 | -- | -- | -- | 1.70 Acres(Lot) |
| 2.53 AC E University Dr.., Denton, TX, 76208 | $1,200,000 | -- | -- | -- | 2.53 Acres(Lot) |
Similar Land To 4724 E University Drive
Nearby For Sale
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ByOwner last updated this listing 10/11/2026 @ 22:48
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