7801 Fishtrap RdCross Roads, TX 76227

  • Commercial land
  • 1,320 SF

Property Details for 7801 Fishtrap Rd

Year built
1959
Lot size
1.04 AC
Property size (Sq ft)
1,320 SF
Property type
Commercial land
APN
R38323
APU
R38323

Description

This exceptional 10.3-acre commercial land parcel presents a prime investment opportunity in Cross Roads, Texas. Strategically located at the hard corner intersection of FM 424 and Fishtrap Road, this property boasts a traffic light and enjoys immediate proximity to a city park. The high daily vehicle count ensures unparalleled visibility and accessibility for any commercial venture. Zoned for commercial use by the City of Cross Roads, this site is ideally suited for a diverse range of developments. Its location near major retailers such as Walmart, a future HEB, Starbucks, McDonald's, CVS, and Bank of America, guarantees a robust customer base. The property's proximity to significant thoroughfares and growth corridors provides convenient access to major job centers and residential areas. Furthermore, its location just eight miles from the PGA of America Headquarters and within ten miles of the upcoming Universal Studios theme park in Frisco, TX (via Hwy 380), significantly enhances its long-term value and potential. The planned expansion of FM 424 to four lanes further underscores the area's rapid development and future growth prospects. This is a rare opportunity to acquire a substantial, high-visibility commercial land parcel in a rapidly expanding Texas market. The property's address is 7801 Fishtrap Rd, Cross Roads, TX 76227. The lot is conveniently located just a block from Highway 380.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $407,929
    Hospitality
    $373,661
    Educational
    $310,882
    Medical
    $321,573
    Retail
    $483,594

Location Insight

City
Cross Roads
County
Denton
State
Texas
Latitude
33.2341
Longitude
-96.989
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,150
$452,588
-
$452,588
-
$452,588
-
$452,588

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