8771 FM 2931, PILOT POINT, TX 76258
Homes for sale in Pilot Point.
Homes for sale in 76258.
8771 Fm 2931
Pilot Point, TX 76258
List Price$849,000
Listing #21102557
2
Bedrooms
2 full
Bathrooms
2,240
Square Feet
Farm
Type
About This Property
Invest in an income-generating, turn key equestrian facility on almost 5 meticulously maintained acres. This unique property is designed for the serious horse enthusiast and the savvy investor, offering both premium, state of the art horse amenities and three separate residential rental units that can provide passive income. Based on local market rates, this facility projects a potential revenue of over $10,000 monthly when fully leased, establishing it as a strong financial asset. The core of the operation is the professional 13 stall stable, complete with rubber mats, a dedicated washroom, a tack room, with convenient power and water. Equestrians will appreciate the ability to train year round in the covered riding arena and the oversized lighted covered round pen. Horse health and conditioning are streamlined with a dedicated automatic horse walker, while boarders benefit from 13 individual paddocks, each featuring a run-in shelter. The operational support is robust, including a large hay barn with a work area, equipment storage, and two essential birthing stalls, alongside a separate shaving barn that has ample space for tractor parking. For the investor, the property includes three highly desirable residential units, a 2 bedroom, 2 bathroom apartment, attached to the office, a 1 bedroom, 1 bathroom apartment, and a separate 2 bedroom, 2 bathroom spacious mobile home with a fireplace. All units are currently occupied on month-to-month lease, ensuring immediate cash flow and lease flexibility. This horse facility is positioned adjacent to a residential subdivision that is building approximately 500 homes. It will be an excellent client base, ensuring a sustained demand and future revenue growth for boarding services. 3D tour & video available! This property can be a great cash flowing investment for the right owner!
Property Features
Location Information
County
Denton
Subdivision
Chambers
Interior Features
Rooms
First Floor Bedroom, First Floor Dining Room, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Built-in Features, Eat-in Kitchen, High Speed Internet
Number of Fireplaces
1
Master Bedroom Description
17 x 13
Heating
Central
Full Baths
2
Cooling
Central Air
Dining Room Description
13 x 10
Floors
Ceramic Tile, Laminate
Living Room Description
18 x 13
Laundry
Washer Hookup, Dryer Hookup
Kitchen Description
7 x 13
Appliances
Electric Range
Exterior Features
Style
Traditional, Farmhouse
Patio / Deck Description
Covered, Deck
Stories
1
Pool Description
None
Construction
Aluminum Siding, Frame
Other Structures
Barn(s), Stable(s)
Exterior
Awning(s), Deck, Storage
Lot Description
Acreage, Flag Lot
Foundation
Other
Lot Size in Acres
4.95
Roof
Composition
Lot Size in Sq. Ft.
215,622
Parking Description
Attached Carport, Driveway, On Site, RV Carport, Shared Driveway, Storage, Boat, RV Access/Parking
Is One Story
Yes
Garage Spaces
0
Lot Description
Acreage, Flag Lot
Fencing
Cross Fenced, Split Rail
Windows Description
Window Coverings
School
Elementary School District
Aubrey ISD
Jr. High School
Aubrey
Elementary School
James A Monaco
High School
Aubrey
Additional Information
Year Built Details
Preowned
Year Built
1983
Property Type
FRM
Status
Closed
Property SubType 2
Apartment, House
Has a Home Owners Association
No
Property SubType
Farm
Tax Annual Amount
3021.0
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