Listing Courtesy Of:
Ray Gun Commercial, Steven Geis
Local Realty Services Provided By:
Keller Williams Realty
Overview
What It'll Cost
Neighborhood
Similar Homes
$550,000
1600 N Ruddell Street, Denton, TX 76209
.81
ac
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$550,000
1600 N Ruddell Street, Denton, TX 76209
Estimation provided by Keller Williams Realty Inc.
.81
ac
Active
For Sale
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.)
Assessed Value is a combination of the land and additions.
2023
$4,046
(-10.06%)
$211,884
Land 211,728 +
Additions 156
2022
$4,498
(+1.54%)
$211,884
Land 211,728 +
Additions 156
2021
$4,430
(-2.79%)
$205,000
Land 204,900 +
Additions 100
2020
$4,557
(-6.83%)
$205,000
Land 204,900 +
Additions 100
2019
$4,891
(-3.58%)
$205,000
Land 204,830 +
Additions 170
2018
$5,073
$210,000
Land 209,834 +
Additions 166
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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