Listing Courtesy of: NTREIS / Listed By: Jpar North Metro - Contact: 972-836-9295
4724 E University Drive Denton, TX 76208
Active (1 Days)
$139,000 (USD)
0.28
ACRES
Description
MLS #:
21409016
21409016
Lot Size
0.28 acres
0.28 acres
Type
Land
Land
School District
Denton Isd
Denton Isd
County
Denton County
Denton County
Listed By
Josh Tyler, Jpar North Metro, Contact: 972-836-9295
Source
NTREIS
Last checked Oct 13 2026 at 1:42 AM GMT+0000
NTREIS
Last checked Oct 13 2026 at 1:42 AM GMT+0000
Bathroom Details
Subdivision
- M Forrest
Lot Information
- Interior Lot
- Lrg. Backyard Grass
- Cleared
- Other
- Level
Utility Information
- Utilities: All Weather Road, Sidewalk, Well, Private Water, Electricity Connected
School Information
- Elementary School: Hodge
Additional Information: Jpar North Metro | 972-836-9295
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 North Texas Real Estate Information System (NTREIS). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/12/26 18:42
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, including the pump, pressure pump, dual pressure tanks, electrical box, and insulated well cap. The system is in excellent condition per the seller.
The property also offers additional space with water and electric available, creating potential for another income-producing opportunity.
IMPORTANT: Seller will only sell this property together with the nearby home at 1809 N Trinity Road, Denton, TX (MLS #20921141). The home sits on approximately 1.75 acres and features a large metal workshop, oversized garage, swimming pool, and spacious yard.
Multiple neighboring property owners have also expressed interest in selling, creating a possible opportunity to combine up to four properties totaling approximately 3.5 acres along Highway 380.
With the rapid growth along Highway 380, this is a unique opportunity to purchase property with an upgraded water well, potential future income, and room for expansion or development.
BUYER TO VERIFY ALL RESTRICTIONS, ZONING, WATER WELL OPERATIONS, WATER SERVICE AGREEMENTS, PERMITTED USES, AND DEVELOPMENT POTENTIAL WITH DENTON COUNTY AND ALL APPLICABLE AUTHORITIES.