Investment Opportunity in the High-Growth FM 1385 Corridor! This exceptional 4.8-acre ranchette offers a rare combination of immediate income potential, multigenerational living, and future investment opportunities in one of North Texas' fastest-growing areas. The main residence features 4 bedrooms, 3 full baths, spacious living areas, and an inviting in-ground swimming pool perfect for relaxing or entertaining. A separate 608-square-foot guest house offers 3 bedrooms and 1 full bath, creating excellent potential for rental income, extended family, guests, or a home office. The property is well-equipped for country living with dog kennels, a loafing shed, open acreage, and ample room for livestock, hobbies, or future improvements. Ideally positioned along the rapidly developing FM 1385 corridor, this property is just minutes from Highway 380, the Dallas North Tollway extension, and the expanding retail, dining, and employment centers of Celina, Prosper, Aubrey, Pilot Point, and Frisco. The planned HEB at FM 1385 and Mustang Road further enhances the area's long-term growth potential. Additional highlights include Mustang Special Utility District water, NO HOA, NO PID, and NO MUD, providing greater flexibility and fewer recurring fees. Located in one of the nation's fastest-growing regions, this property presents an outstanding opportunity for homeowners, investors, or those seeking a private acreage retreat with future upside. Whether you're looking for multigenerational living, income-producing potential, or a strategic investment in Denton County's continued growth, this unique property is one you won't want to miss.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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