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 #21102786
6,000
Square Feet
3
Number of Units
Commercial
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! Sqft on building & leasable size is a guesstimate. All info deemed to be accurate, buyer to verify.
Property Features
Location Information
County
Denton
Subdivision
Chambers
Interior Features
Has Fireplace
No
Floors
Ceramic Tile, Laminate
Heating
Central
Total Number of Units
3
Cooling
Central Air
Exterior Features
Construction
Aluminum Siding, Frame
Lot Size in Sq. Ft.
215,622
Foundation
Other
Possible Best Use
Other
Roof
Composition
Zoning
Farm/Residential Use
Parking Description
Attached Carport, Driveway, On Site, RV Carport, Shared Driveway, Storage
Building Total Area (Sq. Ft.)
6,000
Lot Description
Acreage, Flag Lot
Is One Story
No
Lot Size in Acres
4.95
Lot Description
Acreage, Flag Lot
Additional Information
Year Built Details
Preowned
Status
Closed
Property Type
COM
Tax Annual Amount
3021.0
Property SubType
Business
Lot Acres Source
Public Records
Year Built
1983
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