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Lucy Cervantes
Lucy Cervantes
(214) 986-5512lucydfwrealestate@gmail.com
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  • Lucy Cervantes(214) 986-5512
    lucydfwrealestate@gmail.com
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  • Great Western Realty
    6275 W Plano Parkway Ste 500
    Plano, TX 75093
    214-986-5512
    lucydfwrealestate@gmail.com

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North Texas Real Estate Information Systems

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lucy Cervantes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

$1,275,000
For Sale

8771 Fm 2931

Pilot Point, TX 76258
2240 sqft | 2 beds | 2 baths | 4.95 acres | #21102557
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Browse 40 photos
Type:Purchase
Structure:Condo
Zone:Residential

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!

  • Interior Details
      • InteriorBuilt In Features, Eat In Kitchen, High Speed Internet
      • Fireplaces1
    • Heating & Cooling
      • CoolingCentral Air
      • HeatingCentral
    • Beds & Baths
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior FeaturesAwnings, Deck, Storage
      • Exterior MaterialsAwnings, Deck, Storage
      • Lot FeaturesAcreage, Flag Lot
      • Lot DescriptionAcreage, Flag Lot
    • Measurements
      • Acres4.95
      • Square Feet2240
    • Parking
      • Parking FeaturesAttached Carport, Driveway, On Site, Rv Carport, Shared Driveway, Storage, Boat, Rv Access Parking
      • Parking TypeGarage
  • Construction Details
      • StyleTraditional, Farmhouse
      • Property TypePurchase
      • Property Subtype AdditionalFarm
    • Condition
      • Year Built1983
    • Material information
      • RoofComposition
      • FoundationOther
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Water Available
      • AppliancesElectric Range
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionChambers
    • Location
      • Elementary SchoolJames A Monaco
      • School DistrictAubrey ISD
      • Middle SchoolAubrey
      • High SchoolAubrey
      • CountyDenton
  • Financial Details
      • Taxes Annual$3,021
      • Days on Market (Cumulative)1
  • Other
      • MLS #21102557

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lucy Cervantes shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: Yesterday at 7:49 PM. Source: NTREIS

Provided By
Listing Agent: Austin Holtzman (#0621486), Phone: (972) 317-9586
Listing Office: RE/MAX Cross Country (#RMCC01)

Lucy CervantesReal Estate Group
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