4716 E University DR Denton, TX 76208

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,777 sqft
Subdivision M Forrest
MLS Listing ID 21410033
Style Ranch,Detached
Bedrooms 4
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $16,701
Lot Size 1.825 Acres
Acres 1.825
Property Sub-Type Single Family Residence
Property Description
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
Community Curbs, Sidewalks
Direction From Denton, east on University Drive, the property is on the right, sign in front yard.
Rooms
Other Rooms Garage(s), Second Residence
Interior
Interior Features High Speed Internet, Open Floorplan
Heating Electric, Fireplace(s)
Cooling Window Unit(s)
Fireplaces Number 1
Fireplaces Type Masonry, Wood Burning
Fireplace Yes
Appliance Electric Range
Exterior
Exterior Feature Storage
Parking Features Drive Through, Driveway
Garage Spaces 1.0
Carport Spaces 2
Fence Chain Link
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Overhead Utilities, Septic Available, Water Available
Water Access Desc Well
Present Use Single Family
Street Surface Concrete
Porch Covered
Road Frontage Highway
Garage Yes
Private Pool No
Building
Lot Description Acreage, Back Yard, Interior Lot, Lawn
Dwelling Type House
Sewer Aerobic Septic
Water Well
Level or Stories One
Additional Building Garage(s), Second Residence
Construction Status Resale
Schools
Elementary Schools Hodge
Middle Schools Strickland
High Schools Ryan H S
School District Denton Isd
Others
Tax ID R36673
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21410033

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