L2 Investment Property - Denton County, Cross Roads, TX
L2 Investment Property - Denton County, Cross Roads, TX
The L2 Investment Property is a prime parcel located in the city limits of Cross Roads. This ranch has investment potential for future development while currently being used as a primary residence. The property is one of the few remaining rural tracts of land in this area south of Highway 380. It has access and frontage on Potter Shop Road with some utilities already in place.
Property Types
Location
The property is located in central Denton County inside the city limits of Cross Roads and 45 minutes from downtown Dallas. The ranch is slightly over 1/2 mile south of Hwy 380 with frontage and access from Potter Shop Road. This property is approximately 7.5 miles east of Denton and just east of Lake Lewisville. The most recent residential developments in the area are east of Naylor Road.
Utilities
Denton County Electric services this area.
Improvements
The moderate brick home is approximately 2,650 square feet, 3 bed 2.5 bath, and was built in 1977. A 30′ x 40′ two car detached garage is adjacent to the home and includes a 700 sqft apartment 1 bathroom and a kitchenette. There is also a small barn and a new 20′ x 15′ loafing shed.
Minerals
Some minerals are available separately from the land contract.
Other
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There is over 1,000′ of road frontage that provides many options to subdivide
- There are multiple contiguous properties currently being marketed
- Ranch shown by appointment only
Taxes
The annual property taxes are approximately $417 with no taxes owed for the City of Cross Roads.
