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.
For sale
$1,299,000
10720 Fm 1385, Pilot Point, TX 76258
4beds
3,488sqft
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
- 15 days |
- 513 |
- 15 |
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
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $1,299,000+23.7%$372/sqft |
Source: NTREIS #21303695 Report a problem | ||
| 5/7/2026 | Listing removed | $3,890$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2026 | Listed for rent | $3,890+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/7/2024 | Price change | $3,500-10.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2024 | Listed for rent | $3,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/15/2024 | Sold | -- |
Source: NTREIS #20421625 Report a problem | ||
| 1/21/2024 | Pending sale | $1,050,000$301/sqft |
Source: NTREIS #20421625 Report a problem | ||
| 1/7/2024 | Contingent | $1,050,000$301/sqft |
Source: NTREIS #20421625 Report a problem | ||
| 1/5/2024 | Listed for sale | $1,050,000-4.5%$301/sqft |
Source: NTREIS #20421625 Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: NTREIS #20421625 Report a problem | ||
| 10/4/2023 | Price change | $1,100,000-8.3%$315/sqft |
Source: NTREIS #20421625 Report a problem | ||
| 8/31/2023 | Listed for sale | $1,200,000$344/sqft |
Source: NTREIS #20421625 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $118,559 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- NAPilot Point Elementary SchoolGrades: PK-KDistance: 4.4 mi
- 5/10Pilot Point Selz Middle SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Pilot Point High SchoolGrades: 9-12Distance: 5.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Denton County
- Pilot Point
- 76258
- 10720 Fm 1385



