5118 East University Drive

Denton, TX 76208

$1,800,000
Price
4
Beds
2
Baths
4,004 Sq. Ft.
$450 / Sq. Ft.
4,004
Sq. Ft.
$450
per Sq. Ft.

Description

Fantastic investment opportunity on hwy 380! - one of the last remaining. Approx 2878 sf office building and 1126 sf house on 2 Ac with TWO direct access drives and generous 522ft frontage at a major bustling Highway 380, ensures high visibility and sees approximately 41,214 vehicles per day. Located near Aubrey, 2-min drive to Cross Roads. Close to Downtown Denton, Highway 35 connection, only 4 minutes to Loop 288, 10 minutes to Little Elm, 8 min to Oak Point, and 20 min to Prosper and Frisco. Opens...Fantastic investment opportunity on hwy 380! - one of the last remaining. Approx 2878 sf office building and 1126 sf house on 2 Ac with TWO direct access drives and generous 522ft frontage at a major bustling Highway 380, ensures high visibility and sees approximately 41,214 vehicles per day. Located near Aubrey, 2-min drive to Cross Roads. Close to Downtown Denton, Highway 35 connection, only 4 minutes to Loop 288, 10 minutes to Little Elm, 8 min to Oak Point, and 20 min to Prosper and Frisco. Opens endless possibilities for your business location with the room to expand or develop in versatile multi-use zoning. PERFECT FOR OFFICE, CHURCH, DAYCARE, RETAIL, RESTAURANT, Multi-family, AND MORE, ask the listing agent for allowed uses. Suitable for multiple storage needs, with plenty of room for vehicles & equipment, the office is renovated with high-end materials such as hand-scraped wood flooring and granite. Owner financing available
  1. Listed by Olga Lund • TREC #0605798 • Lund Realty • 817-829-2386
  2. Listed by Olga Lund • TREC #0605798 • Lund Realty

Property Details for 5118 East University Drive

Subdivision Name
TEXAS 380 RV ADDITION
Architectural Style
Other
Structural Style
Single Detached
Pool
No

Location

Listing Courtesy of Lund Realty, Olga Lund; Lund Realty, Olga Lund
Add your commute
LISTING UPDATED: 05/25/2024 04:20 PM

Property Details for 5118 East University Drive

StatusActive
MLS #20582984
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1985
Lot Size2.04 AC / 88,862 SF
CountyDenton County

Location

Listing Courtesy of Lund Realty, Olga Lund; Lund Realty, Olga Lund
Add your commute

Building Information for 5118 East University Drive

Stories1Year Built1985Building Size-Lot Size2.04 AC / 88,862 SF

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5118 East University Drive

Summary
Location and General Information
  • Block: A
  • Directions: From Denton Hwy 380 go East, the property is at the South side of Hwy 380, just about a mile from the intersection of Hwy 380 and Loop 288
  • Elementary School: Hodge
  • Elementary School Name: Hodge
  • High School: Ryan H S
  • High School Name: Ryan H S
  • Lake Name: Lewisville
  • Middle School: Strickland
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Denton ISD
  • Geocode Confidence: High
  • Latitude: 33.24
  • Longitude: -97.05
  • State: Texas
Parking
  • Parking Features: Gravel, On Site, Open, Parking Lot, Private
  • Carport Spaces: 4
  • Parking Spaces Covered Total: 4
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: TEXAS 380 RV ADDITION BLK A L OT 1(N PT
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Heating: Central, Electric
  • Interior Features: Granite Counters, High Speed Internet Available
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Appliances: Dishwasher, Electric Water Heater
  • Basement: No
  • Cooling: Central Air, Electric
  • Living Area: 4004.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1
Exterior Features
  • Construction Materials: Fiber Cement
  • Fencing: Fenced, Partial, Wood
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Waterfront: No
  • Room and Features: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1
  • Room List: Bedroom-Primary, Master Bedroom, Living Room
  • Exterior Buildings: Other
  • Levels: One
Room 1
  • Room Level: 1
  • Room Type: Bedroom-Primary
Room 2
  • Room Level: 1
  • Room Type: Living Room
Property
Utilities
  • Utilities: Aerobic Septic, Asphalt
Property and Assessments
  • Accessory Unit Type: Other
  • Accessory Unit: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Owner Will Carry
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s), No Mobile Home
Lot Information
  • Easements: Utilities
  • Lot Features: Acreage
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 2.04
  • Lot Size Area: 2.04
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Lot Size Square Feet: 88862.4
  • Multi Parcel ID: No
  • Parcel Number: R707023
  • Property Attached: No

Property History for 5118 East University Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5118 East University Drive

This home is within Denton Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hodge Elementary School
PublicPK to 5

Strickland Middle School
Public6 to 8

Ryan High School
Public9 to 12

Fred Moore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5118 East University Drive is a single family home for sale in Denton, TX 76208. This property was listed for sale on May 8, 2024 by Lund Realty, it's currently listed at $1,800,000. This listing's school district is Denton Independent School District. Nearby schools include Hodge Elementary School, Strickland Middle School and Ryan High School. 5118 East University Drive is a 4-bed, 2-bath, 4,004 sqft single family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lund Realty, Olga Lund; Lund Realty, Olga Lund

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/25/2024 04:20 PM