7 months on rocket

5118 E University Dr Unit A, Denton, TX, 76208

$1,800,000

2.04 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeWarehouse
Year Built1985
CoolingCentral Air, Electric
MLS #20429887
Lot Size2.04 Acres
StatusActive

About 5118 E University Dr Unit A

FANTASTIC INVESTMENT OPPORTUNITY ON HWY 380! Approx 2878 sf office building and 1126 sf house on 2 Ac with direct access and generous 522ft frontage on a major bustling Highway, ensures a high visibility sees approximately 41,214 vehicles per day. Located near Aubrey and 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. SUITABLE FOR MULTIPLE STORAGE NEEDS, WITH PLENTY OF ROOM FOR VEHICLES & EQUIPMENT, PERFECT FOR OFFICE, CHURCH, DAYCARE, and a future RETAIL, RESTAURANT, Multi-family AND MORE, ask agent for allowed uses. THE OFFICE IS RENOVATED WITH HIGH-END MATERIALS SUCH AS HAND-SCRAPED WOOD FLOORING AND GRANITE.

Property Details

Property Features

Property Information:

  • Year Built: 1985

Listing Office:

  • Office Name: Lund Realty
  • Office Phone: (817) 829-2386
  • Listing Agent: Olga Lund

Virtual/3D Tour

  • Virtual Tour: 5118 E University Dr Unit A

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Lot Features

Lot Information:

  • Lot: Level, City Lot
  • Lot Size: 2.04 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Ryan High School, Public District Grades 9-12
  • Strickland Middle School, Public District Grades 6-8
  • Hodge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
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Housing Market Comparison

See how this home compares to others in Denton, TX.

Med. List Price

$399.9K

Med. Price/SqFt

$199

Avg. Days On Market

64

# of Sold Homes

123

5118 E University Dr Unit A vs Denton

233 DAYS ON ROCKET

+169 Days

$1,800,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median List Price in Denton, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20429887

Listing Office:

  • Office Name: Lund Realty
  • Office Phone: (817) 829-2386
  • Listing Agent: Olga Lund

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/3/2024, 10:20:45 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5250586
4
/10
  • Hodge Elementary School

  • 3900 Grant Pkwy

  • 2.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5250587
5
/10
  • Strickland Middle School

  • 324 Windsor St

  • 4.55 miles

  • Public District Grades 6-8

High School

school-card-donut-5250588
4
/10
  • Ryan High School

  • 5101 E Mckinney St

  • 2.59 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,444. The majority of Denton, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5118 E University Dr Unit A

What is the listing price of this property?

The listing price of 5118 E University Dr Unit A property is $1,800,000.

What type of property is this?

The property 5118 E University Dr Unit A is land located in Denton, Texas, 76208.

Is this property for sale now?

Active Listing: 5118 E University Dr Unit A is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5118 E University Dr Unit A are:
Hodge Elementary School: GreatSchools Rating 4/10
Strickland Middle School: GreatSchools Rating 5/10
Ryan High School: GreatSchools Rating 4/10

How much acreage is this property?

The property 5118 E University Dr Unit A is 2.04 acres.
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Rocket HomesTexasDenton CountyDenton762085118 E University Dr Unit A

This home is located at 5118 E University Dr Unit A in Denton, TX and zip code 76208. This home, which was built in 1985, sits on a 2.04 acre lot. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $1,800,000.

The number of listings in Denton, TX increased by 15.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $399,900, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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