94 Acre Residential Development / JV or Sale

Executive Summary:
Broker presents 94 acres of entitled residential land in Cross Roads, TX — fully platted and approved for 32 single-family homes. Located in the heart of the North Dallas growth corridor, this property offers investors and developers a shovel-ready opportunity in one of the most stunning pieces of land in DFW.

This land features a 112 Foot increase of elevation providing stunning views of lake Lewisville and Denton. In addition, there is a small lake filled with fish as well as an island. There is also a 100 foot man made waterfall. There is not another piece like this in all of DFW.

Investment Highlights:
94± total acres with approved plat for 32 residential lots
Entitlements & plat approved by the City of Cross Roads — development-ready
Flexible structure: Seller open to outright sale ($9,500,000) or joint venture with qualified developer
Utilities: Water and electricity available nearby (Blackstone)
Topography: 112 Feet of elevation.
Frontage: Right next to Highway 380
Proximity: Denton, and Little Elm growth corridors. 4 minutes to Fields Frisco.
Surrounding development: Near multiple master-planned communities, retail centers, and schools
Strong demographics: Median household income >$100,000; population growth >3% annually