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Listed price in listed location currency (USD).
$895,000

220

MLS® 21102557

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Farm
Levels Residential
Size 2240 sqft
Garage No
Maintenance Fees 
Taxes $3,021
Days Active 45
Approx. Age 1983
Avg. Price Per Sqft $399
MLS® Number 21102557

Property Address: 8771 Fm 2931, Pilot Point, TX, 76258-7707

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

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!
MLS® Number21102557
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1983
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:First Floor13 × 18 ft
Dining Room:First Floor10 × 13 ft
Bedroom 1:First Floor10 × 13 ft
Bedroom 1:First Floor13 × 17 ft
Kitchen:First Floor13 × 7 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
8771 Fm 2931, Pilot Point, TX

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