5,967 / 0.14
Lot Size / Acres

Description

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...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!
  1. Listed by Craig Roberts • TREC #0803018 • Keller Williams Prosper Celina • 972-382-8882

Property Details for 7420 Elm Street

Subdivision Name
Garza Lake Estates
Zoning Description
Commercial Use
LISTING UPDATED: 02/19/2026 04:52 PM

Property Details for 7420 Elm Street

StatusActive
MLS #21159662
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built1976
Lot Size0.14 AC
CountyDenton County

Location

Listing Courtesy of Keller Williams Prosper Celina, Craig Roberts
Add your commute

Building Information for 7420 Elm Street

Lot Size0.14 AC

Payment Calculator

$784 per month

30 year fixed, 6.15% Interest

Principal and Interest

$658

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7420 Elm Street

Summary
Location and General Information
  • Block: 2
  • Directions: From 121 take Main St. right on Lake Highlands Drive, right on Elm Street. Two doors down from M&M Storage and behind Regio Tire shop.
  • Elementary School: Peters Colony
  • Elementary School Name: Peters Colony
  • High School: The Colony
  • High School Name: The Colony
  • Middle School: Lakeview
  • Senior Community Yes/No: No
  • School District: Lewisville ISD
  • Geocode Confidence: Medium
  • Latitude: 33.10
  • Longitude: -96.89
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: GARZA LAKE ESTATES BLK 2 LOT 45,46
  • Association Type: None
  • Tax Lot: 45,46
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Number Of Tanks And Ponds: 0
  • Number Of Wells: 0
  • Waterfront: No
  • Exterior Buildings: Mobile Home, Shed(s)
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Financing Proposed: Cash, Conventional
  • Concessions YN: No
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Property Match: APN
Lot Information
  • Acres Cultivated: 0.0
  • Acres Irrigated: 0.0
  • Acres Pasture: 0.0
  • Acres Bottom Land: 0.0
  • Development: City Limits, Zoned
  • Easements: Utilities
  • Lot Features: Few Trees, Interior Lot, Subdivision
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.137
  • Lot Size Area: 0.137
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5967.72
  • Lots Sold Package: 2
  • Multi Parcel ID: No
  • Number Of Lots: 2
  • Parcel Number: R08069
  • Road Frontage: City Street
  • Current Use: Mobile Home, Residential
  • Lake Pump: No
  • Number Of Lakes: 0
  • Road Surface Type: Asphalt
Farm Information
  • Number Of Barns: 0

Property History for 7420 Elm Street

DateEvent & SourcePriceAppreciation
Feb 20, 2026

Listed (Active)

NTREIS #21186178

$140,000
Jan 23, 2026

Listed (Active)

NTREIS #21159662

$135,000
Dec 9, 2025

Withdrawn

NTREIS #20947211

Jul 29, 2025

Price Change

NTREIS #20947211

$135,000
May 24, 2025

Price Change

NTREIS #20947211

$165,000
May 24, 2025

Listed (Active)

NTREIS #20947211

$175,000
Apr 21, 2025

Withdrawn

NTREIS #20861254

Mar 26, 2025

Price Change

NTREIS #20861254

$165,000
Mar 6, 2025

Listed (Active)

NTREIS #20861254

$170,000
Jan 15, 2025

Withdrawn

NTREIS #20631217

Oct 14, 2024

Price Change

NTREIS #20631217

$170,000
Aug 20, 2024

Price Change

NTREIS #20631217

$175,000
Jul 29, 2024

Price Change

NTREIS #20631217

$180,000
Jun 23, 2024

Price Change

NTREIS #20631217

$190,000
Jun 6, 2024

Listed (Active)

NTREIS #20631217

$200,000
DateEvent & SourcePrice
02/20/2026

Listed (Active)

NTREIS #21186178

$140,000
01/23/2026

Listed (Active)

NTREIS #21159662

$135,000
12/09/2025

Withdrawn

NTREIS #20947211

07/29/2025

Price Change

NTREIS #20947211

$135,000
05/24/2025

Price Change

NTREIS #20947211

$165,000
05/24/2025

Listed (Active)

NTREIS #20947211

$175,000
04/21/2025

Withdrawn

NTREIS #20861254

03/26/2025

Price Change

NTREIS #20861254

$165,000
03/06/2025

Listed (Active)

NTREIS #20861254

$170,000
01/15/2025

Withdrawn

NTREIS #20631217

10/14/2024

Price Change

NTREIS #20631217

$170,000
08/20/2024

Price Change

NTREIS #20631217

$175,000
07/29/2024

Price Change

NTREIS #20631217

$180,000
06/23/2024

Price Change

NTREIS #20631217

$190,000
06/06/2024

Listed (Active)

NTREIS #20631217

$200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7420 Elm Street

Taxable ValueLand$117,000Additions$14,300Total$131,300
Tax Record2024$1,514 ($126 / month)
Home Facts
Total Finished SqFt576 SqFtAbove Grade Finished SqFt576 SqFtStories1Lot Size5,998 SqFtStyleMobile / Manufactured HomeYear Built1976CountyDENTONAPNR08069

Schools near 7420 Elm Street

This home is within Lewisville Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Peters Colony Elementary School
PublicPK to 5

Lakeview Middle School
Public6 to 8

The Colony High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

7420 Elm Street is a 0.14 ac of land for sale in The Colony, TX 75056. This property was listed for sale on January 23, 2026 by Keller Williams Prosper Celina, it's currently listed at $135,000. This listing's school district is Lewisville Independent School District. Nearby schools include Peters Colony Elementary School, Lakeview Middle School and The Colony High School. 7420 Elm Street is a 0-bed, 0-bath, 0.14 ac of land built in 1976 on a 5,967 sq. ft. / 0.14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Prosper Celina, Craig Roberts

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/19/2026 04:52 PM