USATXPilot PointAubrey Ranch Estates10720 Fm 1385

10720 Fm 1385, Pilot Point, TX

House

For Sale

Listed price in listed location currency (USD).

$1,299,000

422

MLS® 21303695

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 3488 sqft

Garage Yes

Taxes

Days Active 1

Lot Size 5.04 Acres

Approx. Age 2016

Avg. Price Per Sqft $372

MLS® Number 21303695

Property Address: 10720 Fm 1385, Pilot Point, TX, 76258-6537

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity – Tenant Occupied on 5.04 Acres in the High-Growth FM 1385 Corridor. This property is being offered as an investment purchase only and is currently tenant occupied with monthly rental income of $3, 850. The buyer must assume the existing lease, which has approximately 2 years remaining. Situated on 5.04 acres, this stunning two-story home offers immediate cash flow along with exceptional long-term appreciation potential in one of North Texas' fastest-growing corridors. The home features vaulted ceilings, an open-concept floor plan, abundant natural light, 4 bedrooms, 2 bathrooms, a spacious game room or second living area, media room, workout room, additional office or flex space, and a grand primary suite with a large walk-in closet and direct access to the backyard terrace. A covered back porch provides the perfect setting for outdoor entertaining while enjoying expansive acreage views. Investment Highlights. ±5.04 acres with direct frontage along the rapidly expanding FM 1385 corridor Current rental income of $3, 850 per month Existing tenant and lease in place for immediate cash flow Professional property management currently in place Strong holding income while benefiting from future growth and development Located in the path of major residential and commercial expansion. Area Growth & Development TxDOT-funded FM 1385 expansion underway, widening from 2 lanes to a 4-lane divided roadway with future 6-lane capacity Approximately 1–2 miles from H-E-B's planned 95-acre development at FM 1385 & Mustang Road Near the Dallas North Tollway Extension (Phase 4A currently under construction with expected completion in Fall 2027) Positioned within the rapidly growing Pilot Point Celina growth corridor. This property offers a rare combination of immediate rental income, acreage ownership, and long-term development potential in one of the most active growth corridors in North Texas.

MLS® Number21303695

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age2016

Basement

DrivewayDetached Carport, Garage Faces Front, Garage, Garage Door Opener

Garage Spaces

HeatFireplaces, Natural Gas

A/C

Extras

Rooms

Change to metres

Bedroom 1:Second Floor21 × 18 ft

Living Room:First Floor25 × 18 ft

Map

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