M Forrest Homes with Cleared Lot description

M Forrest Homes with Cleared Lot description

Welcome to M Forrest, a charming subdivision nestled in the heart of Denton, Texas. This community offers a perfect blend of tranquility and convenience, making it an ideal place to call home.

Located in Denton County, M Forrest is a hidden gem in the city of Denton. With its peaceful surroundings and close proximity to urban amenities, residents here enjoy the best of both worlds.

One of the standout features of M Forrest is the Homes with Cleared Lot description. True to its name, these homes offer spacious lots that have been meticulously cleared, providing a blank canvas for homeowners to create their dream outdoor oasis. Whether you envision a lush garden, a sparkling pool, or a cozy patio, the possibilities are endless in M Forrest.

Imagine coming home to a serene neighborhood where the streets are lined with beautifully manicured lawns and friendly neighbors greet you with a smile. M Forrest offers a sense of community that is hard to find elsewhere, making it a sought-after destination for those looking to settle down in Denton.

If you're searching for a place that combines modern comforts with a touch of nature, look no further than M Forrest. Come and explore all that this wonderful subdivision has to offer – your dream home awaits!

Newest M Forrest Homes with Cleared Lot description

4724 E University Dr, Denton
$139,000
21409016 MLS
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 with an upgraded water well, potential future income, and room for expansion or development. BUYER TO VERIFY ALL RESTRICTIONS, ZONING, WATER WELL OPERATIONS, WATER SERVICE AGREEMENTS, PERMITTED USES, AND DEVELOPMENT POTENTIAL WITH DENTON COUNTY AND ALL APPLICABLE AUTHORITIES.

4724 E University Dr, Denton

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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