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!
Pending
Price cut: $46K (1/14)
$849,000
8771 Fm 2931, Pilot Point, TX 76258
2beds
2,240sqft
Est.:
Apartment, Farm, Single Family Residence
Built in 1983
-- sqft lot
$-- Zestimate®
$379/sqft
$-- HOA
What's special
- 141 days |
- 133 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 03, 2026 at 07:47am
Listed by:
Austin Holtzman 0621486 (972)317-9586,
RE/MAX Cross Country 972-317-9586
Source: NTREIS,MLS#: 21102557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 17 x 13
Bedroom
- Level: First
- Dimensions: 13 x 10
Dining room
- Level: First
- Dimensions: 13 x 10
Kitchen
- Level: First
- Dimensions: 7 x 13
Living room
- Level: First
- Dimensions: 18 x 13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range
- Laundry: Washer Hookup, Dryer Hookup
Features
- Built-in Features, Eat-in Kitchen, High Speed Internet
- Flooring: Ceramic Tile, Laminate
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 2,240 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway, On Site, RV Carport, Shared Driveway, Storage, Boat, RV Access/Parking
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Awning(s), Deck, Storage
- Pool features: None
- Fencing: Cross Fenced,Split Rail
Lot
- Size: 4.95 Acres
- Features: Acreage, Flag Lot
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: R52478
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional,Farmhouse
- Property subtype: Apartment, Farm, Single Family Residence
- Attached to another structure: Yes
Materials
- Aluminum Siding, Frame
- Foundation: Other
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Water Available
Community & HOA
Community
- Subdivision: Chambers
HOA
- Has HOA: No
Location
- Region: Pilot Point
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $683,423
- Annual tax amount: $3,021
- Date on market: 11/3/2025
- Cumulative days on market: 95 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Pending sale | $849,000$379/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 1/30/2026 | Contingent | $849,000$379/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 1/14/2026 | Price change | $849,000-5.1%$379/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 12/9/2025 | Price change | $895,000-10.1%$400/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 11/18/2025 | Price change | $995,000-13.4%$444/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 11/11/2025 | Price change | $1,149,000-9.9%$513/sqft |
Source: NTREIS #21102557 Report a problem | ||
| 11/3/2025 | Listed for sale | $1,275,000$569/sqft |
Source: NTREIS #21102557 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,954 +3.9% | $209,351 -70% |
| 2024 | $2,844 +521.8% | $697,722 +104.7% |
| 2023 | $457 +4.8% | $340,810 +41% |
| 2022 | $436 -9.1% | $241,777 -0.9% |
| 2021 | $480 -80% | $243,887 +76.6% |
| 2020 | $2,394 -59.6% | $138,088 -91.3% |
| 2019 | $5,922 -66.1% | $1,578,321 +63.9% |
| 2018 | $17,487 | $963,137 +0.5% |
| 2017 | -- | $958,366 +6.9% |
| 2016 | -- | $896,406 +5% |
| 2015 | -- | $853,825 +9218.2% |
| 2012 | -- | $9,163 -8.1% |
| 2011 | -- | $9,967 -10.4% |
| 2010 | -- | $11,122 -9.7% |
| 2009 | -- | $12,317 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,317/mo
Principal & interest
$4249
Property taxes
$1068
More affordability tools
Climate risks
Neighborhood: 76258
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Jackie Fuller Elementary SchoolGrades: PK-5Distance: 4.3 mi
- 6/10Aubrey Middle SchoolGrades: 6-8Distance: 3.3 mi
- 6/10Aubrey High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: James A Monaco
- Middle: Aubrey
- High: Aubrey
- District: Aubrey ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76258
- Texas
- Denton County
- Pilot Point
- 76258
- 8771 Fm 2931







