$550,000

1600 N Ruddell Street, Denton, TX 76209

  • Property Icon Land
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Potential High Density Student Housing or Townhome Development Site Next to TWU Campus. Site located just off US-380 (University Dr.) & N. Ruddell St next to TWU campus. This 0.808 acre lot is zoned MN (Mixed-Use Neighborhood) and could potentially work for a high density student housing site or townhome development. Two lots over from Vitae Residences. The owner has a preliminary concept plan for 43 units, 4 story multi-family building and the pre-submittal meeting with the City of Denton went well but it's been over 6 months since the meeting so can't be relied on. Owner has since retired from development. Buyer would have to confirm zoning and approved usage. There is a small single family house on site that is currently rented at $1,200 per month.Buyer to confirm zoning and allowed usage with City of Denton Investment Highlights - Within Walking Distance to Texas Woman’s University (approx. 16k students and 1,300 faculty members) .Potential High Density Student Housing Site Attractive to Both Students & University Faculty. Preliminary Concept Plan is 43 unit, 4 Story Multi-Family Building. Small Residential House On Site Leased for $1,200 month. Immediate Access to US-380 (University Dr.)

Listing Status:
Active
Listing Office:
Ray Gun Commercial : (940) 368-5559
Listing Agent:
Steven Geis :
MLS ID:
20794112
  • Heating: None

This listing courtesy of Steven Geis, Ray Gun Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Shultz Elementary School

1306 E Windsor Dr, Denton, TX, 76209

Grades PK-5

0.91 miles away

C

Calhoun Middle School

709 W Congress St, Denton, TX, 76201

Grades 6-8

1.50 miles away

D

Denton High School

1007 Fulton St, Denton, TX, 76201

Grades 9-12

1.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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