$1,499,000
For Sale

1200 Tipps Road

Cross Roads, TX 76227
3193 sqft | 4 beds | 3.5 baths | 10.06 acres | #20773543
Type:Purchase
Structure:Farm
Zone:Residential

Description

MAJOR Price Improvement! Owner adding 525sf of Living Space! 30 day Completion. Exceptional 10-acre property offers significant potential for either a private retreat or future development. The owners are currently finalizing the plating process for the eastern 4 acres, allowing plans to add a new home and a guest house. The existing 6-acre parcel, featuring a well-appointed residence, also provides the opportunity to add an additional guest house. Further development potential includes the possibility of subdividing the property into 6-9 individual lots. The 1,222 sq. ft. workshop, which has been professionally finished as a photography studio, also serves as a versatile mother-in-law suite or long-term rental. It includes a full bathroom and kitchenette, offering a range of possible uses. The main residence leans towards a Mid-Century Modern design, with a fully remodeled kitchen and bathrooms. The interior has been freshly painted, presenting a modern and inviting atmosphere. The property itself provides a peaceful and private retreat, offering a welcome escape from the demands of everyday life. Enjoy the serenity of the deck, shaded by mature oak trees, in a quiet, tranquil setting. The property is currently fenced for livestock, including cattle, with ample space available for horses or other animals. A 31x46 metal barn, equipped with both electricity and water, offers substantial storage and utility space. Additionally, a 10x18 lean-to is located on the west side of the property. The owners are in the process of applying for an agricultural exemption, which could significantly reduce the already low tax rate of 1.34%. Buyers are encouraged to verify potential uses and development options with the local authorities. See MLS Listing 20723460 for separate purchase of the eastern 4 acres. (Main Home is 1,971sf 4 bedrooms, 2.5 bath, Studio is 1,222sf with full bath) Great for Multigenerational Living!

  • Property Details
      • InteriorDecorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available
      • Lot DescriptionAcreage, Agricultural, Cleared, Landscaped
      • Utility FeaturesAerobic Septic, Private Sewer, Propane
      • FoundationPillar/Post/Pier
      • Exterior MaterialsStable/Barn
      • SubdivisionRj Moseley
      • School DistrictDenton ISD
      • Elementary SchoolProvidence
      • Property SubtypeFarm/Ranch
      • Property TypePurchase
      • MLS #20773543
      • MLS #20773543
      • Acres10.0600
      • Square Feet3193.00
      • Cost1499000
      • CountyDenton
      • StyleRanch
      • Year Built1973
      • Bathrooms3.5
      • Fireplaces1
      • Bedrooms4
      • Full Baths3
      • Half Baths1

Location

Judy VaughnReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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