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$795,000

4716 E University Dr, Denton, TX, 76208

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,913 Sq Ft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesStorage
Lot Size1.82 acres

Building Information

Year Built1963
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR36673
SubdivisionM. Forrest
Land UseResidential
Legal DescriptionA0417A M. FORREST, TR 50, 1.825 ACRES, OLD DCAD TR 7B(3),7B(8) BLK A
Census Tract021414
Assessed Land Value$794,970
Assessed Improvement Value$45,030
Assessment Year2025

About this property

High-Visibility Development Opportunity on US Highway 380. Positioned along one of North Texas’s busiest growth corridors, this 1.825-acre site offers approximately 200 feet of Highway 380 (University Drive) frontage and exposure to a high-traffic area. The property’s visibility, access, and flexible multi-use zoning create a compelling opportunity for investors and developers pursuing retail, office, flex, light industrial, storage, or land-lease strategies. The site is 4 miles from Texas Woman's University, 6 miles from University of North Texas, and minutes from Walmart, Lowe’s, Home Depot, Target, Starbucks, McDonald’s, CVS, and the future H-E-B, with convenient access to Downtown Denton, Little Elm, Prosper, and Frisco. It is also approximately 10 miles from the PGA of America headquarters and less than an hour to both Dallas and Fort Worth. Existing improvements include a 4-bedroom, 3-bath residence and a detached 2-bedroom, 1-bath residence. Both structures require updating but may offer adaptive-reuse potential for offices, operations, or other business purposes. With ample room for development, vehicle circulation, and equipment, the property is well suited for an owner-user, build-to-suit project, income-producing land lease, or long-term investment. Its prominent location, strong traffic counts, existing improvements, and proximity to established and emerging demand drivers provide a strategic foothold in the expanding Highway 380 corridor.

Investor Tools

$164,285Estimated Mortgage Balance
$675,715Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,040 /month
Positive
Cash Flow Estimate:
$1,680 /month

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CURT ERWIN JR

Real T Team by eXp

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,966
$840,000
2025
$794,970
$45,030
$840,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,966
$840,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$165,000
No
First
Jun 9, 2026
Jul 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,285
$675,715
80%
20%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$990/mo
+$1,100/mo
3.0%

City: Denton

4716 E University Dr | Property Details | No Agent List