1200 Tipps Road Cross Roads TX 76227 MLS #20773543

MAJOR Price Improvement! Owner adding 525sf of Living Space! 30 day Completion. Exceptional 10-acre property offers significant potential for either a private retreat or future development. The owners are currently finalizing the plating process for the eastern 4 acres, allowing plans to add a new home and a guest house. The existing 6-acre parcel, featuring a well-appointed residence, also provides the opportunity to add an additional guest house. Further development potential includes the possibility of subdividing the property into 6-9 individual lots. The 1,222 sq. ft. workshop, which has been professionally finished as a photography studio, also serves as a versatile mother-in-law suite or long-term rental. It includes a full bathroom and kitchenette, offering a range of possible uses. The main residence leans towards a Mid-Century Modern design, with a fully remodeled kitchen and bathrooms. The interior has been freshly painted, presenting a modern and inviting atmosphere. The property itself provides a peaceful and private retreat, offering a welcome escape from the demands of everyday life. Enjoy the serenity of the deck, shaded by mature oak trees, in a quiet, tranquil setting. The property is currently fenced for livestock, including cattle, with ample space available for horses or other animals. A 31×46 metal barn, equipped with both electricity and water, offers substantial storage and utility space. Additionally, a 10×18 lean-to is located on the west side of the property. The owners are in the process of applying for an agricultural exemption, which could significantly reduce the already low tax rate of 1.34%. Buyers are encouraged to verify potential uses and development options with the local authorities. See MLS Listing 20723460 for separate purchase of the eastern 4 acres. (Main Home is 1,971sf 4 bedrooms, 2.5 bath, Studio is 1,222sf with full bath) Great for Multigenerational Living!