$1,800,000
SOLD FEB 22, 2025
Last list price

5118 E University Dr Unit A Denton, TX 76208

East Denton Neighborhood
2.04 Acres
$882,353 Price per Acre
88,862 Sq Ft Lot

Recently Sold

526 Days on Market

Highlights

  • 2.04 Acre Lot
  • Wood Fence
  • Level Lot
  • Central Air

About This Lot

As of February 2025

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, please inquire with the broker for allowed uses. THE OFFICE IS RENOVATED WITH HIGH-END MATERIALS SUCH AS HAND-SCRAPED WOOD FLOORING AND GRANITE.

Last Agent to Sell the Property

Olga Lund

Lund Realty Brokerage Phone: 817-829-2386 License #0605798 Listed on: 09/12/2023

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Property Type

  • Land

Year Built

  • Built in 1985

Lot Details

  • 2.04 Acre Lot
  • Property fronts a highway
  • Wood Fence
  • Level Lot
  • Zoning described as Industrial, Office, Office/Warehouse, Storage Warehouse, Other

Home Design

  • Ranch Property

Schools

  • Hodge Elementary School
  • Rodriguez Middle School
  • Ryan H S High School

Utilities

  • Central Air
  • Co-Op Electric
  • Co-Op Water
  • Septic Tank
  • Cable TV Available

Community Details

  • Texas 380 Rv Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number R707023
  • $8,360 per year unexempt tax

Property Details

Property Type

Land

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Water Body Name: Lewisville
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 817-829-2386
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Wood
  • Bottom Land Acres: 2.04
  • Soil Type: Clay, Fill, Sandy Loam, Unknown
  • Topography: LEVELED, ELEVATED
  • Waterfront: No
  • Road Assessment Y N: No
  • RoadFrontageType: Highway
  • RoadSurfaceType: Concrete

Garage/Parking

  • Cooling System: Central Air, Electric

Utilities

  • Utilities: Cable Available, Co-op Electric, Co-op Water, Concrete, Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Zoned

Schools

  • School District: Denton ISD
  • Elementary School: Hodge

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Level
  • Lot Size Units: Acres
  • Lot Size Area: 2.0400
  • Parcel Number: R707023
  • Lot Size Acres: 2.0400
  • Lot Size Sq Ft: 88862.4000
  • Zoning Description: Industrial, Office, Office/Warehouse, Storage Warehouse, Other
  • Possible Use: Industrial, Mini-Storage, Mixed Use, Warehouse, See Remarks, Other
  • Present Use: Commercial, Industrial, Mini-Storage, Unimproved, Vacant, Warehouse, See Remarks

Building Info

  • Year Built: 1985

Tax Info

  • Unexempt Taxes: 8360
  • Special Taxing Entities: No
  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Rodriguez
  • Elementary School Name: Hodge
  • High School Name: Ryan H S

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2025 02/22/25 Sold -- -- --
02/20/2025 02/20/25 Pending -- -- --
02/20/2024 02/20/24 Price Changed $1,800,000 +0.2% --
12/19/2023 12/19/23 Price Changed $1,796,000 -0.1% --
12/09/2023 12/09/23 Price Changed $1,797,000 -0.1% --
12/03/2023 12/03/23 Price Changed $1,798,000 -0.1% --
11/26/2023 11/26/23 Price Changed $1,800,000 -0.4% --
11/22/2023 11/22/23 Price Changed $1,808,000 -0.1% --
11/17/2023 11/17/23 Price Changed $1,810,000 -0.3% --
11/14/2023 11/14/23 Price Changed $1,816,000 -0.2% --
11/08/2023 11/08/23 Price Changed $1,820,000 -2.2% --
09/12/2023 09/12/23 For Sale $1,860,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Olga Lund

    Seller's Agent in 2025

    Olga Lund

    Lund Realty

    (817) 829-2386

    2 in this area

    18 Total Sales

    Olga Lund
    Section Image

  • N

    Buyer's Agent in 2025

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20429887

North Texas Real Estate Information Systems (NTREIS)
Texas Denton County Denton 76208 East Denton

5118 E University Dr Unit A, Denton, TX

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