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Pending
  • Price cut: $46K (1/14)
    $849,000

    8771 Fm 2931, Pilot Point, TX 76258

    2beds
    2,240sqft
    : 
    Apartment, Farm, Single Family Residence
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $379/sqft
    $-- HOA

    What's special

    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!
    140 days
    |
    129
    |
    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

      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/3/2026Pending sale$849,000$379/sqft
        Source: NTREIS #21102557 Report a problem
        1/30/2026Contingent$849,000$379/sqft
        Source: NTREIS #21102557 Report a problem
        1/14/2026Price change$849,000-5.1%$379/sqft
        Source: NTREIS #21102557 Report a problem
        12/9/2025Price change$895,000-10.1%$400/sqft
        Source: NTREIS #21102557 Report a problem
        11/18/2025Price change$995,000-13.4%$444/sqft
        Source: NTREIS #21102557 Report a problem
        11/11/2025Price change$1,149,000-9.9%$513/sqft
        Source: NTREIS #21102557 Report a problem
        11/3/2025Listed for sale$1,275,000$569/sqft
        Source: NTREIS #21102557 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
        $5,305/mo
        Principal & interest
        $4237
        Property taxes
        $1068
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          Climate risks

          Neighborhood: 76258

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          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.

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