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Improved Mixed-Use Land for Sale in Pilot Point, Texas

10720 FM 1385, Pilot Point, TX 76258

$1,299,000
5 acres
Active sale
ago
Est $7,985/mo

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.

3,488
Sq feet
4
Beds
2
Full baths
2016
Built

Location

Street address
10720 FM 1385
Zip code
76258
Community
Aubrey Ranch Estates
School district
Pilot Point ISD
Elevation
610 feet
Coordinates
33.3481, -96.9005

Property details

Acreage
5.04 acres
MLS #
NTREIS 21303695
Posted

Parcels

  • R163363

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Carport, Garage, Open
Features
Private Yard, Rain Gutters

Structure

Stories
2
Water
Public
Sewer
Aerobic Septic
Heating
Fireplace(s), Natural Gas
Materials
Brick, Concrete, Stone Veneer
Roof
Composition, Shingle

Interior

Rooms
Bathroom x 2, Bedroom x 4
Flooring
Carpet, Tile, Vinyl
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Electric Cooktop, Electric Oven, Tankless Water Heater
Security
Security
Features
Decorative Designer Lighting Fixtures, Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceilings, Walk In Closets

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameTypeDistrict
Pilot PointElementaryPilot Point ISD
Pilot PointMiddlePilot Point ISD
Pilot PointHighPilot Point ISD

Listing history

DateEventPriceChangeSource
June 17, 2026New listing$1,299,000NTREIS
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This 5.04-acre property is located at 10720 FM 1385 in Pilot Point, TX 76258. The property is available for sale, priced at $1,299,000. It has a 3,488 square foot 4-bedroom, 2-bath house built in 2016.

Listed by Sun Star Realty, (862) 485-3949

Checked 1 hour agoUpdated Source

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