1200 Tipps Road

Cross Roads, TX 76227
$1,499,000
3193 sqft | 4 beds | 3.5 baths | 10.06 acres | #20773543

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!
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  • Property Details
      • Interior:Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available
      • Fireplaces:1
      • Bedrooms:4
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
      • Lot description:Acreage, Agricultural, Cleared, Landscaped
      • Exterior materials:Stable/Barn
      • Acres:10.0600
      • Square Feet:3193.00
      • Property type:Purchase
      • Style:Ranch
      • Year built:1973
      • Foundation:Pillar/Post/Pier
      • Utility features:Aerobic Septic, Private Sewer, Propane
      • Subdivision:Rj Moseley
      • School district:Denton ISD
      • Elementary School:Providence
      • County:Denton
      • MLS #:20773543
      • Cost:1499000
      • Property subtype:Farm/Ranch
      • MLS #:20773543

Location

Carpé Residential Real 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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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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