10720 FM 1385, PILOT POINT, TX 76258

Homes for sale in Pilot Point.

Homes for sale in 76258.


Active

List Price$1,299,000

10720 FM 1385

Pilot Point, TX 76258

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21303695

4

Bedrooms

2 full

Bathrooms

3,488

Square Feet

House

Type

About This Property

Investment Opportunity -- Tenant Occupied on 5.04 Acres in the High-Growth FM 1385 Corridor. This property is being offered as an investment purchase only and is currently tenant occupied with monthly rental income of $3,850. The buyer must assume the existing lease, which has approximately 2 years remaining. Situated on 5.04 acres, this stunning two-story home offers immediate cash flow along with exceptional long-term appreciation potential in one of North Texas' fastest-growing corridors. The home features vaulted ceilings, an open-concept floor plan, abundant natural light, 4 bedrooms, 2 bathrooms, a spacious game room or second living area, media room, workout room, additional office or flex space, and a grand primary suite with a large walk-in closet and direct access to the backyard terrace. A covered back porch provides the perfect setting for outdoor entertaining while enjoying expansive acreage views. Investment Highlights. ±5.04 acres with direct frontage along the rapidly expanding FM 1385 corridor Current rental income of $3,850 per month Existing tenant and lease in place for immediate cash flow Professional property management currently in place Strong holding income while benefiting from future growth and development Located in the path of major residential and commercial expansion. Area Growth & Development TxDOT-funded FM 1385 expansion underway, widening from 2 lanes to a 4-lane divided roadway with future 6-lane capacity Approximately 1--2 miles from H-E-B's planned 95-acre development at FM 1385 & Mustang Road Near the Dallas North Tollway Extension (Phase 4A currently under construction with expected completion in Fall 2027) Positioned within the rapidly growing Pilot Point Celina growth corridor. This property offers a rare combination of immediate rental income, acreage ownership, and long-term development potential in one of the most active growth corridors in North Texas.

Property Features

Location Information

County

Denton

Subdivision

Aubrey Ranch Estates

Interior Features

Rooms

First Floor Living Room, Second Floor Primary Bedroom

Has Fireplace

Yes

Interior

Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Number of Fireplaces

1

Master Bedroom Description

18 x 21

Heating

Fireplace(s), Natural Gas

Full Baths

2

Floors

Carpet, Tile, Vinyl

Living Room Description

18 x 25

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Disposal, Tankless Water Heater

Exterior Features

Style

Traditional, Detached

Has Garage

Yes

Stories

2

Garage Spaces

2

Construction

Brick, Concrete, Stone Veneer

Fencing

Wood

Exterior

Private Yard, Rain Gutters

Patio / Deck Description

Covered

Foundation

Slab

Pool Description

None

Roof

Composition, Shingle

Lot Size in Acres

5.04

Utilities

Electricity Available, Septic Available, Water Available

Lot Size in Sq. Ft.

219,542

Security System

Prewired, Security System, Fire Alarm, Smoke Detector

Is One Story

No

Parking Description

Detached Carport, Garage Faces Front, Garage, Garage Door Opener

School

Elementary School District

Pilot Point ISD

Jr. High School

Pilot Point

Elementary School

Pilot Point

High School

Pilot Point

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

SFR

Has a Home Owners Association

No

Property SubType 2

House

HOA Includes

Association Management

Property SubType

Single Family Residence

Lot Acres Source

Public Records

Year Built

2016

Similar Listings

Mortgage Calculator

$6,065

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,680

Monthly Tax

$1,082

Monthly Insurance

$303

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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