Active

10720 Fm 1385

Pilot Point, Texas 76258
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt3,488

Sqft

Acres5.04

Acres(Lot)

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 backya rd 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,299,000

AD Id : 85047752

MLS Id : 565046653

Beds : 4

Lot Size : 5.04 Acres

Living Area Size : 3,488

Year Built : 2016

Garage : 2

County : Denton

Subdivision: Aubrey Ranch Estates

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Decorative Lighting,Double Vanity,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)

    Appliances

    Dishwasher,Disposal,Electric Cooktop,Electric Oven,Tankless Water Heater

    Utilities

    Aerobic Septic,City Water,Electricity Available
  • Heating Source

    Fireplace(s),Natural Gas

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Living Room

  • Building Information

    Built Year: 2016 Construction: Brick,Concrete,Stone Veneer Roof Type: Composition,Shingle
  • Exterior Features

    Covered Patio/Porch,Rain Gutters,Private Yard

    Foundation

    Slab

    Security Features

    Burglar,Fire Alarm,Prewired,Smoke Detector(s)
  • Fencing

    Wood

    Construction Materials

    Brick,Concrete,Stone Veneer

  • Lot Information

    Lot Size (Acr): 5.0400 Lot Size Units: Acres Lot Size Square Feet: 219,542 Lot Size Source: Public Records
  • Property Information

    SQ ft (Living Area): 3,488 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Aubrey Ranch Estates City: Pilot Point State: Texas Directions: Use the GPS Property Status: Active Levels: Two Property Age: 10 Year Built Details: Preowned Other Equipment: Other

  • Listing Price Information

    Original List Price: $1,299,000 List Price Tot SqFt: $372
  • Listing Information

    Possession: Other

  • Tax Information

    Parcel Number: R163363 Tax Block: 1 Tax Legal Description: AUBREY RANCH ESTATES BLK 1 LOT 3 Tax Lot: 3

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Detached Carport,Garage,Garage Door Opener,Garage Faces Front
  • Homeowners Association Information

    Included Fees: Management Fees HOA Type: None

  • School Information

    Elementary School: Pilot Point Middle School: Pilot Point High School: Pilot Point School District: Pilot Point ISD
  • Utility Information

    Utilities: Aerobic Septic,City Water,Electricity Available
Sell a home like this and save $77,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15962 Fritcher Road, Pilot Point, TX, 76258 $500,000 4 2 1,568 1,568 SqFt
16531 Fm 455 E, Pilot Point, TX, 76258 $500,000 3 2 2,192 2,192 SqFt
394 Emerald Glenn Lane, Pilot Point, TX, 76258 $695,000 4 3 3,012 3,012 SqFt
14847 Bigelow Street, Pilot Point, TX, 76258 $318,999 3 2 1,952 1,952 SqFt
14837 Bigelow Street, Pilot Point, TX, 76258 $299,999 3 2 1,801 1,801 SqFt
76258 Bigelow Street, Pilot Point, TX, 76258 $372,999 3 2 1,801 1,801 SqFt
14843 Bigelow Street, Pilot Point, TX, 76258 $325,999 4 2 2,062 2,062 SqFt
14828 Lovelace Street, Pilot Point, TX, 76258 $361,999 4 3 2,210 2,210 SqFt
14814 Bigelow Street, Pilot Point, TX, 76258 $345,999 4 2 2,062 2,062 SqFt
14771 Shearer Road, Pilot Point, TX, 76258 $15,000,000 4 4 3,380 3,380 SqFt
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/23/2026 @ 04:27

MLS: 565046653 LISTED BY: Sesha Gorantla, Sun Star Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $1,299,000

Selling? Save $77,441 when you sell a home like this

Tour with a ByOwner Agent