GREAT INVESTMENT OPPORTUNITY! NO HOA! NO KNOWN RESTRICTIONS! WATER WELL WITH INCOME POTENTIAL!
Located directly off Highway 380 in a rapidly developing area of Denton County, this open lot offers excellent investment potential with an existing water well that currently supplies water to 11 neighborhood homes.
The homeowners are currently receiving water at no charge, and the seller does not have any payment agreements or contracts in place with the homeowners. There is potential to establish agreements and generate monthly income from the well. At $200 per home, 11 homes could generate approximately $2,200 per month in gross revenue. The average electric bill to operate the well is approximately $50 per month.
All major components of the water well system have been fully upgraded, including the pump, pressure pump, dual pressure tanks, electrical box, and insulated well cap. The system is in excellent condition per the seller.
The property also offers additional space with water and electric available, creating potential for another income-producing opportunity.
IMPORTANT: Seller will only sell this property together with the nearby home at 1809 N Trinity Road, Denton, TX (MLS #20921141). The home sits on approximately 1.75 acres and features a large metal workshop, oversized garage, swimming pool, and spacious yard.
Multiple neighboring property owners have also expressed interest in selling, creating a possible opportunity to combine up to four properties totaling approximately 3.5 acres along Highway 380.
With the rapid growth along Highway 380, this is a unique opportunity to purchase property ...
+ Read More| Listing Id: | 21409016 |
|---|---|
| List Price: | $139,000 |
| Property Type: | Land |
| Property Sub Type: | Unimproved Land |
| Status: | Active |
| Unexempt Taxes: | $2,363 |
| Lot Size Square Feet: | 12,240.3600 |
| Lot Size Acres: | 0.281 |
| City: | Denton |
| County Or Parish: | Denton |
| Subdivision Name: | M Forrest |
| Postal Code: | 76208 |
| AG Exemption?: | No |
| Association Type: | None |
| Basement Yn: | No |
| Consent for Visitors to Record: | Audio, Video |
| Current Use: | Vacant, Other |
| Development Status: | City Limits, Streets Installed, Utilities Installed |
| Directions: | Located directly off of HWY 380 |
| Easements: | Other |
| Elementary School: | Hodge |
| Elementary School Name: | Hodge |
| Frontage Feet: | 124 |
| High School Name: | Ryan H S |
| Listing Terms: | Cash, Conventional, VA Loan |
| Lot Features: | Cleared, Interior Lot, Level, Lrg. Backyard Grass, Other |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.2810 |
| Lot Size Units: | Acres |
| Middle School Name: | Strickland |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | Audio |
| Number Of Wells: | 1 |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 1204 |
| Restrictions: | Unknown Encumbrance(s) |
| Road Frontage Type: | City Street, Sidewalk |
| Road Surface Type: | Concrete |
| School District: | Denton ISD |
| Utilities: | All Weather Road, Electricity Connected, Private Water, Sidewalk, Well |
| Will Subdivide: | No |
| Zoning Description: | No known restrictions |
Listing Courtesy of: JPAR North Metro
Listing Agent: Josh Tyler
972-836-9295
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North Texas Real Estate Information Systems, Inc. data last updated on October 11, 2026 08:09 PM - CT
Property Last Updated: October 11, 2026 08:09 PM - CT
