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Land with Home for Sale in Pilot Point, Texas

8771 FM 2931, Pilot Point, TX 76258

$995,000
5 acres
Active
$154k drop
Est $6,227/mo

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!

2,240
Sq feet
2
Beds
2
Full baths
1983
Built

Location

Street address
8771 FM 2931
Community
Chambers
Elevation
627 feet
Coordinates
33.3159, -96.9396

Property details

Acreage
4.95 acres
MLS #
NTREIS 21102557
Posted

Parcels

  • R52478

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Farm
Franchise
RE/MAX International

Exterior

Parking
Carport, Driveway
Fencing
Fenced
Outdoor Spaces
Deck
Structures
Barn(s), RV/Boat Storage, Stable(s), Storage
Features
Awning(s), Covered Deck, Fence, RV/Boat Parking, Stable/Barn

Structure

Style
New Traditional
Stories
1
Heating
Central, Fireplace(s)
Cooling
Central Air
Materials
Aluminum Siding, Frame
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 2
Flooring
Ceramic Tile, Laminate, Tile
Appliances
Range
Features
Built-In Features, Eat-In Kitchen, High Speed Internet Available

Nearby schools

NameLevelDistrictDescription
James A MonacoElementary

Listing history

DateEventPriceChangeSource
Nov 19, 2025Price drop$995,000$154,000 -13.4%NTREIS
Nov 12, 2025Price drop$1,149,000$126,000 -9.9%NTREIS
Nov 4, 2025New listing$1,275,000NTREIS
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This 4.95-acre property is located at 8771 FM 2931 in Pilot Point, TX 76258. The property is available for sale for $995,000. It has a 2,240 sq ft 2 bedroom, 2 bath house built in 1983.

Checked 10 mins ago — Updated

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