16 Acres in Cross Roads, TX - $1,295,000

Only minutes from the North Dallas Tollway is a rare opportunity to own 16 +\- acres of land with a beautiful custom home, office/guesthouse, helicopter hanger and pond in the Town of Cross Roads. Ten minutes from the North Dallas Tollway, just south of US 380 at Naylor Road on Historic Lane, this home was developed to offer maximum privacy. This general area of far North DFW has long been a highly desirable area for raising horses due to the sandy soil, horse trainers, farriers and veterinarians. The US Highway 380 Corridor in Cross Roads is experiencing unprecedented growth and development as northern DFW continues to grow. Commercial retail stores and restaurants have been recently developed in Cross Roads and become the new center of convenient shopping for approximately 10 miles in every direction. Denton County, in partnership with the Town of Cross Roads plan to expand numerous roads in the near future. Due to the growing population in the area, the Denton ISD, which includes Cross Roads, is building a new high school on Navo Road, on the south side of US 380. Located minutes away from the property, the new Braswell High School is scheduled to be completed in August 2016. In addition, Denton ISD has plans for a new Middle School just south of the property off Naylor Road.

The main house sits well back from Historic Lane at the end of an asphalt drive lined with a pipe and cable fence. Completed in 1990, the 5,639 square foot custom home features a contemporary design with a horseshoe shaped floorplan that allows an abundance of light throughout the house. The large open kitchen, breakfast room and den overlook the landscaped backyard that includes a heated pool and separate spa. In addition to the 5 bedrooms with private baths, the home also includes a workout room, playroom, and two offices off a second floor balcony with panoramic views of the entire ranch. The first floor master suite includes separate his and hers bathrooms and a sitting area. A separate 1,566 sf building used as an office/guesthouse is nestled in a grove of tall oak trees with three walls of windows, a kitchenette, bathroom with shower and a wood-burning fireplace. A metal hangar and pad were built for the owners private helicopter in 2002. The home utilizes the Mustang Utility District for water and a 1,000 deep well and adjacent pond for irrigation. The land on the north and east side of the residence has been cleared and would be ideal for grazing horses.

There is an additional 95+\- acres of land available for sale, adjacent to the 16+\- acres mentioned above. This 95+\- acres of land (same owner) includes three stock ponds, an 11 stall barn, two hay sheds and an equipment barn. The entire 111+\- acre Shooting Star Ranch and improvements are available for $4,720,000.

From the ranch, Downtown Dallas is a 50 minute drive via the Dallas North Tollway, DFW Airport is a 40 minute drive via Naylor Road to the Lake Lewisville toll bridge south to Highway 121, Frisco is a 20 minute drive and Denton is a 15 minute drive west on US 380.

Listed exclusively by Burgher-Ray Ranch Sales of Briggs Freeman Sothebys International Realty.

For more information contact David Burgher 214.213.8715 or Harlan Ray 214.908.7770.

Broker must register prospects at first contact.

Buyers/Prospects may be asked for proof of funds prior to scheduling a showing.