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For sale
  • $1,299,000

    10720 Fm 1385, Pilot Point, TX 76258

    4beds
    3,488sqft
    : 
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    Single Family Residence
    Built in 2016
    5.04 Acres Lot
    $-- Zestimate®
    $372/sqft
    $-- HOA

    What's special

    Open-concept floor planAbundant natural lightExpansive acreage viewsLarge walk-in closetMedia roomVaulted ceilingsWorkout room
    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.
    15 days
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    513
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    15
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sesha Gorantla 0692711 862-485-3949,

    Sun Star Realty 862-485-3949

    Source: NTREIS,MLS#: 21303695

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), Dual Sinks, Double Vanity, Granite Counters, Garden Tub/Roman Tub, Separate Shower, Walk-In Closet(s)
      • Level: Second
      • Dimensions: 18 x 21
      Living room
      • Features: Fireplace
      • Level: First
      • Dimensions: 18 x 25
      Heating
      • Fireplace(s), Natural Gas
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Tankless Water Heater
      Features
      • Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile, Vinyl
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 3,488 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Carport, Garage Faces Front, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Private Yard, Rain Gutters
      • Pool features: None
      • Fencing: Wood
      Lot
      • Size: 5.04 Acres
      Details
      • Parcel number: R163363
      • Other equipment: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick, Concrete, Stone Veneer
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • Year built: 2016

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Public
      • Utilities for property: Electricity Available, Septic Available, Water Available

      Community & HOA

      Community
      • Security: Prewired, Security System, Fire Alarm, Smoke Detector(s)
      • Subdivision: Aubrey Ranch Estates
      HOA
      • Has HOA: No
      • Services included: Association Management
      Location
      • Region: Pilot Point

      Financial & listing details

      • Price per square foot: $372/sqft
      • Tax assessed value: $880,000
      • Annual tax amount: $9,892
      • Date on market: 6/17/2026
      • Cumulative days on market: 16 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,299,000+23.7%$372/sqft
        Source: NTREIS #21303695 Report a problem
        5/7/2026Listing removed$3,890$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2026Listed for rent$3,890+11.1%$1/sqft
        Source: Zillow Rentals Report a problem
        3/15/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/7/2024Price change$3,500-10.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/25/2024Listed for rent$3,900$1/sqft
        Source: Zillow Rentals Report a problem
        2/15/2024Sold--
        Source: NTREIS #20421625 Report a problem
        1/21/2024Pending sale$1,050,000$301/sqft
        Source: NTREIS #20421625 Report a problem
        1/7/2024Contingent$1,050,000$301/sqft
        Source: NTREIS #20421625 Report a problem
        1/5/2024Listed for sale$1,050,000-4.5%$301/sqft
        Source: NTREIS #20421625 Report a problem
        10/17/2023Listing removed--
        Source: NTREIS #20421625 Report a problem
        10/4/2023Price change$1,100,000-8.3%$315/sqft
        Source: NTREIS #20421625 Report a problem
        8/31/2023Listed for sale$1,200,000$344/sqft
        Source: NTREIS #20421625 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,892 +3.2%$880,000 +0.6%
        2024$9,588 -10.9%$875,000 -9.9%
        2023$10,756 -35.9%$970,625 -19.7%
        2022$16,781 +103.4%$1,209,404 +104.2%
        2021$8,252 +15.2%$592,242 +19.3%
        2020$7,165 +11.8%$496,368 +15.7%
        2019$6,410 +7.1%$429,176 +14.4%
        2018$5,984 +209.5%$375,000 +99.3%
        2017$1,933 $188,203 +57.5%
        2016$1,933 +0.1%$119,468 +0.8%
        2015$1,932 $118,559

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76258

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pilot Point
        • Middle: Pilot Point
        • High: Pilot Point
        • District: Pilot Point ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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