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10720 FM 1385 Pilot Point, TX 76258

Previous Listing Price: $1,299,000 4 Beds 2 Baths 3,488 Sq Ft

About this home

Property Overview

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.

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Year Built

2016

School District

Pilot Point Isd

Lot Size

5.04 acres

Parking

2-car garage, 2 covered

Acreage Estate

5.04 acres

Fireplace

1 Fireplaces

Neighborhood

Aubrey Ranch Estates

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10720 FM 1385 Pilot Point, TX 76258

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