The L2 Investment Property is a prime parcel located in the city limits of Cross Roads. This ranch has investment potential for future development while currently being used as a primary residence. The property is one of the few remaining rural tracts of land in this area south of Highway 380. It has access and frontage on Potter Shop Road with some utilities already in place. A 30' x 40' two-car detached garage is adjacent to the home and includes a 700-square-foot apartment with 1 bathroom and a kitchenette. There is also a small barn and a new 20' x 15' loafing shed. Mustang Special Utility District has disclosed there is a 4” water line along on the west side of Potter Shop Road and a 2.5” water line along the north side of Tipps Road. There are also two good ponds and one seasonal creek on this property. There are multiple contiguous properties currently being marketed.
Property Details
Property Features
Property Information:
Year Built: 1977
Living Area: 2,650 SqFt
Listing Office:
Office Name: Republic Ranches, LLC
Office Phone: (888) 726-2481
Listing Agent: J Bryan Pickens
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Detached, Garage
Lot Features
Lot Information:
Lot Size: 29.00 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
School Info
Assigned Schools Information:
Ryan High School, Public District Grades 9-12
Navo Middle School, Public District Grades 6-8
Providence Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: The ranch is slightly over 1/2 mile south of Hwy 380 with frontage and access from Potter Shop Road.
Price Information
Listing Price Info
Price Summary:
List Price: $3,300,000
Price Per SqFt: $1,245/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cross Roads, TX.
This property is $2.9M more than the Median List Price and $1K/SqFt more than other homes in Cross Roads, TX.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #97816551
Listing Office:
Office Name: Republic Ranches, LLC
Office Phone: (888) 726-2481
Listing Agent: J Bryan Pickens
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/5/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.5K
Per Month
Principal & Interest
$16.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,960
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Providence Elementary School
1000 Fm 2931
Distance between this listing and this school2.35 miles
Public District Grades PK-5
Middle School
4
/10
Navo Middle School
1701 Navo Rd
Distance between this listing and this school4.37 miles
Public District Grades 6-8
High School
4
/10
Ryan High School
5101 E Mckinney St
Distance between this listing and this school4.36 miles
Public District Grades 9-12
Assigned Schools
4
/10
Providence Elementary School
1000 Fm 2931
Distance between this listing and this school2.35 miles
Public District Grades PK-5
Nearby Schools
5
/10
Cross Oaks Elementary School
600 Liberty Blvd
Distance between this listing and this school1.44 miles
Public District Grades PK-5
5
/10
James A Monaco
9350 Cape Cod Blvd
Distance between this listing and this school2.52 miles
Public District Grades PK-5
Assigned Schools
4
/10
Navo Middle School
1701 Navo Rd
Distance between this listing and this school4.37 miles
Public District Grades 6-8
Nearby Schools
4
/10
Bettye Myers Middle School
131 N Garza Rd
Distance between this listing and this school4.48 miles
Public District Grades 6-8
3
/10
Lakeside Middle School
400 Lobo Ln
Distance between this listing and this school5.84 miles
Public District Grades 6-8
Assigned Schools
4
/10
Ryan High School
5101 E Mckinney St
Distance between this listing and this school4.36 miles
Public District Grades 9-12
Nearby Schools
4
/10
The Education Center At Aubrey
5411 Hwy 377
Distance between this listing and this school4.79 miles
Public Charter Grades KG-12
5
/10
Aubrey High School
510 Spring Hill Rd
Distance between this listing and this school5.56 miles
The neighbors living near this home have an average income of $88,116. The most common annual income of people living in Cross Roads, TX is between $35k-100k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4700 S Potter Shop Rd
What is the listing price of this property?
The listing price of 4700 S Potter Shop Rd property is $3,300,000.
What type of property is this?
The property 4700 S Potter Shop Rd is land located in Cross Roads, Texas, 76227.
Is this property for sale now?
Active Listing: 4700 S Potter Shop Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4700 S Potter Shop Rd are: Providence Elementary School: GreatSchools Rating 4/10Navo Middle School: GreatSchools Rating 4/10Ryan High School: GreatSchools Rating 4/10
How much acreage is this property?
The property 4700 S Potter Shop Rd is 29.00 acres.
Interested in 4700 S Potter Shop Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4700 S Potter Shop Rd in Cross Roads, TX and zip code 76227. This 2,650 square foot home, which was built in 1977, sits on a 29.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $3,300,000.
The inventory of homes for sale in Cross Roads, TX between September 2024 and October 2024 decreased by 2.9%. While the average time on the market in October 2024 was 89 days, the median list price was $395,495.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
College Football
College Football
Skiing/snowboarding
Extreme Sports
Best Buy
BJs Wholesale Club
Express/Express For Men
Texas Roadhouse
Panera
Sonic
Ram
Infiniti
Kia
Contemporary Christian
Adult Hits
New Country