8771 Fm 2931 new Save Request In-Person Tour Request Virtual Tour
Pilot Point,TX 76258
Key Details
Property Type Single Family Home
Sub Type Farm/Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $569
Subdivision Chambers
MLS Listing ID 21102557
Style Traditional
Bedrooms 2
Full Baths 2
Year Built 1983
Annual Tax Amount $3,021
Lot Size 4.950 Acres
Property Sub-Type Farm/Ranch
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
Rooms
Dining Room 1
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Laminate
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry Full Size W/D Area,Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Awning(s),Covered Deck,RV/Boat Parking,Stable/Barn,Storage
Fence Cross Fenced,Split Rail
Utilities Available City Water,Electricity Connected
Roof Type Composition
Building
Lot Description Acreage,Flag Lot
Story One
Foundation Other
Structure Type Aluminum Siding,Frame,Siding
Schools
Elementary Schools James A Monaco
Middle Schools Aubrey
High Schools Aubrey
School District Aubrey Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/8771-Fm2931-Pilot-Point-Tx-76258--HPI64176534