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    7420 Elm St The Colony, TX 75056

    For Sale
    $135,000

    Improved Land - The Colony, TX

    Lot size:
    0.14 Acres
    Days on Market:
    134
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 7420 Elm St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R08069
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    0.14 Acres

    Building Details

    Year built
    1976
    Architectural style
    Other

    Keller Williams North Country (972) 382-8882 [email protected]

    Listing agent Craig Roberts (972) 382-8882 License #0803018

    Listing date Jul 29, 2025

    MLS# 20947211 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Main Street

    This commercial property is positioned just off Main Street FM 423, in a high-growth location. It is located minutes from the Dallas North Tollway, The Star Cowboys Practice Facility, PGA Frisco Golf Course, and the upcoming Universal Studios Park in Frisco. The site offers connectivity to both Love Field and DFW Airports. City utilities are in place. The lot size is 0.137 acres and is located in The Colony, Texas.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.891204
    Latitude
    33.102342

    Nearby Similar for Sale

    • $1,699,995

      Used Car Lot For Sale

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    • $6,066,667
      13,650 SF

      Walgreens Net Lease Investment

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in high-growth location near major destinations.
    Where is this commercial land located?
    The property is located at 7420 Elm St The Colony, TX.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Prime location off Main Street FM 423 in a high-growth area.; - Close proximity to Dallas North Tollway, The Star Cowboys Practice Facility, PGA Frisco Golf Course, and Universal Studios Park in Frisco.; - Easy access to Love Field and DFW Airports.
    (972) 382-8882
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    7420 Elm St The Colony, TX 75056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7420 Elm St The Colony, TX 75056
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