4724 N University Drive

What's special

• Single story

Great Investment. Zoned residential and commercial. Buyer and buyers agent to verify all information with county. Lot is not large enough to build a home, but can add structures that are approved by Denton county. Great for parking or small business. Located on Hwy 380. Rapidly developing area. Open lot with a money generating water well on it. This well supplies water to the neighborhood of 11 meters. $200 per house. Average electric bill is around 50.00 to operate well. Pump, pressure pump, upgraded dual, pressure tanks, electrical box, and an insulated well cap have all been recently updated by the owner. Everything is in great shape. There is room on the lot property with water & electric to add a second money making opportunity! Income producing well. Great opportunity to own a large property and water well in booming area. Seller is also selling home connected to this water well close one lot over on 1.75 acres with large metal building, huge garage, large open yard, no HOA or restrictions, and swimming pool, MLS# 20921141, 1809 N Trinity Road, Denton, TX. No HOA and opportunity to take home completely off grid if needed. Possible option to change to commercial if acquiring neighboring property and making lot larger. Multiple neighbors open to possible selling.

Home facts

Overview

Price

$129,999

Status

Active

Property type

Single Family Residence

Year built

2024

Style

Detached

Stories

1

Levels

One

Days on market

21

Price last changed

Aug 12, 2026

Bedrooms & bathrooms

Bedrooms

0

Full bathrooms

0

Exterior & lot

Lot size

0.281 acres · 12,240.36 sq ft

Lot

Back Yard, Cleared, Interior Lot, Lawn, Level

Construction

Aluminum Siding

Parking

Parking

Additional Parking, Parking Lot, Unpaved, Boat, Rv Access Parking

HOA & taxes

HOA

No

Community features

Sidewalks

Annual property tax (per MLS)

$2,363

Utilities & efficiency

Utilities

Electricity Connected, Water Available

Water

Private, Well

Take the virtual tour

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

• ElementaryAlice Moore AlexanderDenton ISDRatings on GreatSchools
• MiddleBettye MyersDenton ISDRatings on GreatSchools
• HighGuyerDenton ISDRatings on GreatSchools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

M Forrest subdivision · Denton, TX 76208 · Denton County

Parks

• Fish Trap Park 0.5 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.

Street view