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$1,540,000

3241 New Hope Rd, Cross Roads, TX, 76227

$2,002,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,846 Sq Ft
FarmFarm
price_per_sqft$589.29 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Garden
Lot Size11 acres

Building Information

Year Built2020
Stories1
Garage Spaces5

Land Information

APNR766208
SubdivisionH. White
Land UseAgriculture / Farming
Legal DescriptionA1332A H. WHITE, TR 67A(2), 11.0 ACRES
Census Tract020121
Assessment Year2025

About this property

Discover this captivating AG EXEMPT custom built Southern French Country ranch gracefully situated on a tranquil 11-acre property in Cross Roads. This picturesque property offers over 100+ oak trees, a serene private pond, and tranquil setting for horses. Separate gated entrance offers access to the 48x60 barn featuring 5-12x12 stalls with runs, Priefert automatic feeders and Comfort Step floors. Feed Room, Wash Rack with hot and cold water, grooming area, heating and cooling, rubber floored mats, covered patio for storing equipment, and climate controlled Tack Room with bathroom, refrigerator, water heater. 80x140 Indoor Arena with sliding screens. This property also offers 3 turnouts and fully fenced pasture with no-climb, pipe and cable fence. Make your way inside the main residence where you'll be greeted by wide plank hickory hardwood floors leading you into the elegant living room showcasing vaulted wood beamed ceilings and built-in cabinets flanking a gas burning fireplace.  This thoughtfully designed layout effortlessly connects the entertainment areas into the fully equipped gourmet kitchen with Top-of-the-line appliances including a Wolf 6 burner gas cook-top, warming drawer, dual ovens, Subzero refrigerator, Quartz counter-tops, prep sink, and 84 inch cabinets with under-mount lighting. The owner's suite is a true escape highlighted by a cozy fireplace, large walk-in closet and a luxurious bath with separate vanities, free-standing soaking tub, expansive walk-in shower with multiple shower heads, and dual water closets. Each bedroom offers ensuite baths and walk-in closets. Additional amenities include a game room, media room with ss speakers, sitting room, built-in workstation, wet bar, large utility room with mud area, and two-2 car over-sized garage with EV charger. Lastly, head outdoors to your peaceful covered patio a picturesque, view, cozy fireplace and grill. Enjoy the gardens, pond with fountain and yard with plenty of space to play and roam!

Investor Tools

Property Icon
$1,540,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,540,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,002,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,670 /month
Positive
Cash Flow Estimate:
$6,890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,454
$1,271,138
2025
N/A
N/A
$2,401,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,454
$1,271,138

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,540,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cross Roads

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3241 New Hope Rd | Property Details | No Agent List