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    5601 Fishtrap Rd Cross Roads, TX 76227

    For Sale
    Contact for pricing

    44 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 44.48-acre mixed-use land parcel presents a remarkable development opportunity in the rapidly growing Cross Roads, Texas. Located in Denton County, this strategically positioned property boasts convenient access to major thoroughfares, including less than two miles of proximity to US-380 with direct eastbound and westbound access, and direct north/south access via US-377 and Fishtrap Rd (5601 Fishtrap Rd, Cross Roads, TX 76227). The site is zoned Agricultural (Cross Roads AG) and comprises APN R38318 and R38319. Its location offers unparalleled connectivity to significant employment centers, with Denton, Frisco, Prosper, and McKinney all within a 35-minute commute. The area is experiencing substantial growth, underscored by its proximity to Prosper, Texas's third fastest-growing city. This property presents a unique chance to capitalize on the burgeoning development potential of this thriving community. The property is served by Denton ISD, including Providence Elementary, Rodriguez Middle, and Ray E Braswell High School. Detailed legal descriptions are available upon request. Contact us today to discuss this exceptional investment opportunity. The tax rate is 1.348%.

    Property Features for 5601 Fishtrap Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,937,549 SF

    HighLights

    • 44.48‑acre mixed‑use development site in Cross Roads, Denton County, TX.
    • Located less than 15 miles from Prosper, TX, the third fastest‑growing city in Texas.
    • Less than 2 miles from US‑380, providing direct eastbound and westbound access.
    • Offers direct north/south access via US‑377 and Fishtrap Rd.
    • Convenient proximity to major employment centers: Denton (18 minutes), Frisco (26 minutes), Prosper (32 minutes), and McKinney (35 minutes).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cross Roads
    County
    Denton
    State
    Texas
    Longitude
    -96.9971333
    Latitude
    33.232245

    Nearby Comparable

    • $2,565,327
      2.92 Acres

      Commercial Land on Highway 380

      2.92 acre commercial lot with high visibility on Highway 380.
      8400 E Us Hwy 380 Hwy, Cross Roads, TX 76227
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    • Contact for pricing
      1.00 Acre

      Cross Roads Commercial Land

      High-traffic corner lot, prime commercial location.
      5001 Fishtrap Rd, Cross Roads, TX 76227
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    • $2,400,000
      3.60 Acres

      Highway 377 Retail Corner Lot

      Prime 3.6-acre commercial land, high traffic
      1000 Potter Shop Rd, Cross Roads, TX 76227
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    • $1,025,000
      2.87 Acres

      Commercial Land on US 380

      Commercial property on US 380 suitable for various business types.
      7200 Us Highway 380, Aubrey, TX 76227
      View Details
    • $3,286,766
      3.74 Acres

      Prime Commercial Land on Highway 380

      Fantastic investment opportunity: 3.74 AC commercial lot on Hwy 380.
      8400 Us Highway 380, Aubrey, TX 76227
      View Details
    • Contact for pricing
      6.16 Acres

      Cross Roads Commercial Land

      6 Acres, US Hwy 380 Frontage
      9100 Us Hwy, Cross Roads, TX 76227
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 44 Acres, Prime Development Site
    Where is this multifamily property located?
    The property is located at 5601 Fishtrap Rd Cross Roads, TX.
    What are key features of this property?
    This property features: 44.48-acre mixed-use development site in Cross Roads, Denton County, TX.; Located less than 15 miles from Prosper, TX, the third fastest-growing city in Texas.; Less than 2 miles from US-380, providing direct eastbound and westbound access.
    Request Owner's contact information
    5601 Fishtrap Rd Cross Roads, TX 76227
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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
    5601 Fishtrap Rd Cross Roads, TX 76227
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