8771 FM 2931 Active Save Request In-Person Tour Request Virtual Tour
Pilot Point,TX 76258
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $191
Subdivision Chambers
MLS Listing ID 21102786
Year Built 1983
Annual Tax Amount $3,021
Lot Size 4.950 Acres
Property Sub-Type Business
Property Description
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! Sqft on building & leasable size is a guesstimate. All info deemed to be accurate, buyer to verify.
Location
State TX
County Denton
Zoning Farm/Residential Use
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Laminate
Exterior
Utilities Available City Water,Electricity Connected
Roof Type Composition
Building
Lot Description Acreage,Flag Lot
Foundation Other
Structure Type Aluminum Siding,Frame,Siding
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/8771-Fm2931-Pilot-Point-Tx-76258--HPI64176534