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.)
Lot/land
$550,000
1600 N Ruddell St, Denton, TX 76209
--beds
--baths
0.81Acres
Improved Land
Built in 1962
0.81 Acres Lot
$341,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 262 days
- on Zillow |
- 53 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 04, 2025 at 12:24pm
Listed by:
Steven Geis,
Ray Gun Commercial 940-368-5559
Source: NTREIS,MLS#: 20794112
Travel times
Facts & features
Interior
Heating
- None
Property
Lot
- Size: 0.81 Acres
- Features: Many Trees, City Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Residence
- Parcel number: R34549
- Zoning description: Zoned MN - Mixed Use Neighborhood
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Features: Curbs
- Subdivision: Wm Crenshaw
HOA
- Has HOA: No
Location
- Region: Denton
Financial & listing details
- Tax assessed value: $211,884
- Annual tax amount: $4,090
- Date on market: 12/10/2024
- Cumulative days on market: 210 days
- Electric utility on property: Yes
- Road surface type: Asphalt
- Loading