Cross Roads, TX 76227 - Denton County

The Cross Roads L2 Ranch is a prime parcel located in the city limits of Cross Roads. Currently a primary residence, this ranch holds potential for future development in one of the last remaining rural areas south of Highway 380. Positioned along Potter Shop Road, the property has both access and frontage, with existing utilities in place.

LOCATION

The property is located in central Denton County inside the city limits of Cross Roads and 45 minutes from downtown Dallas. It sits just over half a mile south of Hwy 380, accessible from Potter Shop Road, approximately 7.5 miles east of Denton and east of Lake Lewisville. The areas recent residential developments are located east of Naylor Road.

TOPOGRAPHY, RANGELAND & HABITAT

With over 1,000 feet of road frontage, this property offers versatile subdivision options. About 30% of the ranch comprises pastureland, featuring a mix of improved and native grasses on loamy soils. Mature trees, including oaks, border the pastures and improvements.

IMPROVEMENTS

The ranch features a charming brick home spanning approximately 2,650 sqft encompassing 3 beds and 2.5 baths, constructed in 1977. Adjacent is a spacious 30 x 40 two-car detached garage with a 700 sqft apartment including a bathroom and kitchenette. Additionally, a small barn and a new 20 x 15 loafing shed complement the property.

WATER

Mustang Special Utility District has confirmed the presence of a 4-inch water line along the west side of Potter Shop Road and a 2.5-inch line along the north side of Tipps Road. Roughly 3/10 of a mile south of the property, theres a 6-inch water line at the intersection of Potter Shop Road and Millcreek Road. Moreover, the property features two reliable ponds and a seasonal creek.

ELECTRICITY

The area is serviced by Denton County Electric.

MINERALS

Some mineral rights are available separate from the land contract.

TAXES

The annual property taxes are approximately $417 with no taxes owed for the City of Cross Roads.

OTHER

There are multiple contiguous properties currently being marketed.

Ranch is shown by appointment only.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyers agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLCs sole and absolute discretion.