4724 E University Drive

Great Investment. NO HOA. Rapidly developing area. Open lot with a money making water well on it. There is a well on the property that supplies water to the neighborhood of 11 meters. Located right off of hwy 380. Average electric bill is around 50.00 to operate well. Pump, pressure pump, upgraded dual, pressure tanks, electrical box, and an insulated well cap have all been recently updated by the owner. Everything is in great shape. There is room on the lot property with water & electric to add a second money making opportunity! Income producing well. No Known Restrictions. Seller is also selling home connected to this water well close by on 1.75 acres with large metal building, huge garage, open yard, no HOA, and swimming pool, MLS# 20921141, 1809 N Trinity Road, Denton, TX. The firework stand and home directly across form 1809 N.Trinity is going to be removed and large luxury home will be built with nice gated entrance. No HOA and opportunity to take home completely off grid if needed. Multiple neighbors open to possible selling. You could combine all properties and make a massive lot with no HOA. Great opportunity to own a large property and water well in booming area.