$135,000
$40K PRICE DROP

7420 Elm St The Colony, TX 75056

Estimated payment $873/month

Total Views 16,478
0.14 Acre
$985,401 Price per Acre
5,968 Sq Ft Lot

Highlights

  • Interior Lot
  • Wood Fence
  • 5-minute walk to Pawesome Playground Dog Park
  • Lakeview Middle School Rated A-

About This Lot

Don't miss this exceptional commercial property, now at an even more attractive price! Ideally positioned just off Main Street FM 423, this high-growth location is minutes from major destinations, including the Dallas North Tollway, The Star Cowboys Practice Facility, PGA Frisco Golf Course, and the highly anticipated Universal Studios Park in Frisco. With effortless connectivity to both Love Field and DFW Airports, this site is a gateway to unparalleled business potential. Plus, with city utilities already in place, development is seamless. Secure this prime investment before it's gone!

Listing Agent

Craig Roberts

Keller Williams Prosper Celina Brokerage Phone: 972-382-8882 License #0803018 Listed on: 05/24/2025

Keller Williams Prosper Celina

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1976

Lot Details

  • 5,968 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Few Trees
  • 2 Lots in the community
  • Zoning described as Commercial Use

Schools

  • Peters Colony Elementary School
  • The Colony High School

Community Details

  • Garza Lake Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 45,46 / 2
  • Assessor Parcel Number R08069

Property Details

Property Type

Land

Est. Annual Taxes

$1,666

Year Built

Built in 1976

Lot Details

0

Listing Details

  • OWNERNAME: Yolanda and Matthew Melero
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Attribution Contact: 972-382-8882
  • Co List Office Mls Id: KWPCG01
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Wood
  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Association/Amenities

  • DevelopmentStatus: Zoned

Schools

  • Elementary School: Peters Colony
  • High School: The Colony
  • Junior High Dist: Lewisville ISD

Lot Info

  • PossibleUse: Commercial, Residential
  • Lot Features: Interior Lot, Subdivision, Few Trees, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.137
  • Parcel Number: R08069
  • Lot Size Acres: 0.137
  • Lot Size Sq Ft: 5967.72
  • Zoning Description: Commercial Use
  • Present Use: Mobile Home, Residential, Single Family

Building Info

  • Year Built: 1976
  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 2

Tax Info

  • TaxBlock: 2
  • Tax Lot: 45,46
  • Tax Annual Amount: 1666.0

MLS Schools

  • MiddleOrJuniorSchool: Lakeview

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $135,000 -22.9% --
05/24/2025 05/24/25 For Sale $175,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20947211

North Texas Real Estate Information Systems (NTREIS)