4716 University Drive

About this home

Priced substantially below appraisal. Motivated seller. All offers considered. HWY 380 Frontage, 1.825 Acres. This 1.825-acre property sits on one of North Texas's fastest-growing corridors, with about 200 feet of frontage on US Highway 380 (University Drive) and steady high-traffic exposure.
The site has two homes: a 4-bedroom, 3-bath main house and a detached 2-bedroom, 1-bath home. Both need updating and have great potential to produce rental income from two units now while you plan a redevelopment, or they can be converted for office, operations, or other business use.
With rezoning, the site's visibility, access, and flexible layout suit a wide range of uses, including retail, office, flex, light industrial, self-storage, and land-lease. There's plenty of room for new buildings and for vehicle circulation. That makes it a strong fit for an owner-user, a build-to-suit project, an income-producing ground lease, or a long-term land hold. Location highlights: 4 miles to Texas Woman's University and 6 miles to the University of North Texas, Minutes from Walmart, Lowe's, Home Depot, Target, Starbucks, McDonald's, CVS, and the future H-E-B, Easy access to Downtown Denton, Little Elm, Prosper, and Frisco, About 10 miles from the PGA of America headquarters, Less than an hour to both Dallas and Fort Worth.
Prominent frontage, strong traffic counts, existing homes on site, and nearby employers and shopping, both established and new, make this a well-placed opportunity in the expanding Highway 380 corridor.