4724 N University Drive, Denton, TX 76208

Property Description

Great Investment. NO HOA. NO RESTRICTIONS. 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. No Known Restrictions. 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. The firework stand and home directly across form 1809 N.Trinity is going to be removed and large luxury home will be built with nice gated entrance. No HOA and opportunity to take home completely off grid if needed. Possible option to change to commercial if acquiring neighboring property. Multiple neighbors open to possible selling. Opportunity to buy just under 3.5 total acres with purchase of connecting 4 properties. You could combine all properties and make a massive lot with no HOA.

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 1:18AM

Listing Office:

JPAR North Metro : 972-836-9295

Listing Agent:

Josh Tyler :

MLS ID:

21218821

Location

• Road/Access: City StreetAll Weather Road
• Originating MLS: NTR
• School District: Denton ISD
• County: Denton

Lot

• Zoning: A0417A M. FORRESTTR 55.281 ACRESOLD DCAR36660
• Current Use: CommercialOtherResidentialSingle Family

Utilities

• Utilities: Electricity ConnectedWater Available
• Water: PrivateWell

Financial

• Source: NTR