$849,000
$849,000
For more information regarding the value of a property, please contact us for a free consultation.
8771 Fm 2931 Pilot Point, TX 76258
2 Beds
2 Baths
2,240 SqFt
Key Details
Sold Price $849,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $379
Subdivision Chambers
MLS Listing ID 21102557
Sold Date 03/26/26
Style Traditional,Farmhouse
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1983
Annual Tax Amount $3,021
Lot Size 4.950 Acres
Acres 4.95
Property Sub-Type Farm
Property Description
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!
Location
State TX
County Denton
Direction From 377, Go East on Spring Hill Rd. Left on FM 2931. GPS on Google Maps is accurate. Look for a white gate on the left. Pull up close and the gate will open, stay left to get to the horse facility.
Rooms
Other Rooms Barn(s), Stable(s)
Interior
Interior Features Built-in Features, Eat-in Kitchen, High Speed Internet
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Window Features Window Coverings
Appliance Electric Range
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Awning(s), Deck, Storage
Parking Features Attached Carport, Driveway, On Site, RV Carport, Shared Driveway, Storage, Boat, RV Access/Parking
Carport Spaces 2
Fence Cross Fenced, Split Rail
Pool None
Utilities Available Electricity Connected, Water Available
Water Access Desc Public
Roof Type Composition
Porch Covered, Deck
Garage No
Building
Lot Description Acreage, Flag Lot
Foundation Other
Water Public
Level or Stories One
Additional Building Barn(s), Stable(s)
Schools
Elementary Schools James A Monaco
Middle Schools Aubrey
High Schools Aubrey
School District Aubrey Isd
Others
Tax ID R52478
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP





