8771 Fm 2931
Pilot Point, TX, 76258
$
995,000
Bedrooms2
Baths2.0
Sq
2,240
Monthly Estimate*
$
6,208
for $995,000 with 2 bedrooms and 2 full baths. This 2,240 square foot home was built in 1983 on a lot size of 4.95.
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!
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Features
Interior
Interior Features
Built-in Features
Eat-in Kitchen
High Speed Internet Available
Flooring
Ceramic Tile
Laminate
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
2
Total Baths
2
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General
Heating
Central
Cooling
Central Air
Utilities
City Water
Electricity Connected
Possession
Closing/Funding
Roof
Composition
Appliances
Electric Range
Number of Garage Spaces
0
Restrictions
No Known Restriction(s)
School District
Aubrey ISD
Pool Y/N
0
Year Built
1983
Architctural Style
Traditional
Levels
One
Property Subtype
Farm/Ranch
Subdivision Name
Chambers
Transaction Type
For Sale
County
Denton
Property Type
Residential
Construction Materials
Aluminum Siding
Frame
Siding
Year Built Details
Preowned
HOA Type
None
Full Baths
2
Status
Active
Directions
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.
City
Pilot Point
Elementary School Name
James A Monaco
High School
Aubrey
Elementary School
James A Monaco
Standard Status
Active
Listing Terms
Cash
Conventional
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Exterior
Waterfront
0
Exterior Features
Awning(s)
Covered Deck
RV/Boat Parking
Stable/Barn
Storage
Lot Features
Acreage
Flag Lot
Fencing
Cross Fenced
Split Rail
Parking Features
Attached Carport
Driveway
On Site
RV Carport
Shared Driveway
Storage
Lot Size
3 to < 5 Acres
Foundation
Other
Structural Style
Apartment
Farm/Ranch House
Mobile Singlewide w/Land
Garage Y/N
0
Attached Garage Y/N
0
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* Excluded Features
List By
Austin Holtzman
Listing Agent
Re/Max Cross Country
Broker
Affordability Calculator
- Monthly Principal & Interest
- $6,208
- Monthly Property Taxes
- $252
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Pilot Point, TX
Average List Price
$995,453
Percent of Sale Price
0%
About Pilot Point, TX
4,189
Population
24%
Since 2002
$
59,023
Median Income
36.9
Median Age
36%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286486
Elementary School
5136363
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
11/18/2025
|
$995,000
|
-13.40%
|
Price Down
|
|
11/11/2025
|
$1,149,000
|
-9.88%
|
Price Down
|
|
11/3/2025
|
$1,275,000
|
|
Listed Price
|