8771 Fm 2931, Pilot Point, TX 76258 - MLS#21102557 - John Mays

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John Mays

john@john-mays.com +1(817) 681-2167

$1,275,000

Est. payment - /mo

2 Beds

2 Baths

2,240 SqFt

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Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Subdivision Chambers

MLS Listing ID 21102557

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N None

Year Built 1983

Annual Tax Amount $3,021

Lot Size 4.950 Acres

Acres 4.95

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

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

Dining Room 1

Interior

Interior Features Built-in Features, Eat-in Kitchen, High Speed Internet Available

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Laminate

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Electric Range

Heat Source Central

Laundry Full Size W/D Area, Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Awning(s), Covered Deck, RV/Boat Parking, Stable/Barn, Storage

Carport Spaces 2

Fence Cross Fenced, Split Rail

Utilities Available City Water, Electricity Connected

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Acreage, Flag Lot

Story One

Foundation Other

Level or Stories One

Structure Type Aluminum Siding,Frame,Siding

Schools

Elementary Schools James A Monaco

Middle Schools Aubrey

High Schools Aubrey

School District Aubrey Isd

Others

Restrictions No Known Restriction(s)

Ownership Ask Agent

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/8771-Fm2931-Pilot-Point-Tx-76258--HPI64176534

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Austin Holtzman • RE/MAX Cross Country

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John Mays

+1(817) 681-2167

Agent | License ID: 0691996

Agent License ID: 0691996

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8771 Fm 2931 Pilot Point, TX 76258

John Mays

Key Details

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