$122,400
4724 E University Dr, Denton, TX, 76208
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Great Investment! 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. 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. Great opportunity to own a large property and water well in booming area. Seller mainly interested in selling water well lot and home together.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Denton
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