6 months on rocket

5118 E University Dr, Denton, TX, 76208

$1,800,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
4,004 SqFt
$450/SqFt
House

Location

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5118 E University Dr, Denton$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, On Site, Open, Parking Lot, Private
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20582984
Lot Size2.04 Acres
StatusActive

About 5118 E University Dr

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, only 4 Miles from a major retailers like Wal-Mart McDonalds and Chick-fil-A.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

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Detached
  • Year Built: 1985
  • Living Area: 4,004 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater
  • Basement: No
  • Interior: Granite Counters, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Gravel, On Site, Open, Parking Lot, Private

Virtual/3D Tour

  • Virtual Tour: 5118 E University Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 2.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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
  • Price Per SqFt: $450/SqFt
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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

$201

Avg. Days On Market

74

# of Sold Homes

136

5118 E University Dr vs Denton

180 DAYS ON ROCKET

+106 Days

$1,800,000

+$1.4M More

$450/SqFt

+$249 More

KEY TAKEAWAY

This property is $1.4M more than the Median List Price and $249/SqFt more than other homes in Denton, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20582984

Listing Office:

  • Office Name: Lund Realty
  • Office Phone: (817) 829-2386
  • Listing Agent: Olga Lund, 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: 11/5/2024, 7:20:53 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.

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$9,051

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2003958
4
/10
  • Hodge Elementary School

  • 3900 Grant Pkwy

  • 2.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2003959
4
/10
  • Strickland Middle School

  • 324 Windsor St

  • 4.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2003960
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. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5118 E University Dr

What is the listing price of this property?

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

What type of property is this?

The property 5118 E University Dr is a house located in Denton, Texas, 76208.

Is this property for sale now?

Active Listing: 5118 E University Dr 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 are:
Hodge Elementary School: GreatSchools Rating 4/10
Strickland Middle School: GreatSchools Rating 4/10
Ryan High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 5118 E University Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5118 E University Dr is 4,004 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5118 E University Dr is 1985.

Rocket HomesTexasDenton CountyDenton762085118 E University Dr

This home is located at 5118 E University Dr in Denton, TX and zip code 76208. This 4,004 square foot home, which was built in 1985, sits on a 2.04 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $1,800,000.

The number of listings in Denton, TX increased by 11% between September 2024 and October 2024. In October 2024 median list price was $399,968 and the average listing age was 74 days.

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

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