Contact Information: Sesha Gorantla - 862-485-3949
Contact Information: Sesha Gorantla - 862-485-394910720 FM 1385Pilot Point, TX 76258
Single Family · 4 Beds · 2 Full Baths · 3,488 Sq. ft. | 5.04 Acres10720 FM 1385 Overview
- Time on Site:
- 13 days
- Visits:
- 2
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.
10720 FM 1385 Facts & Features
- Type Single Family
- Sq. ft. 3,488
- Price/Sq.ft. $372
- Lot 5.04 Acres
Details
General
Association/HOA
- Association Fee Includes: Association Management
- Association: No
School Information
- School District: Pilot Point ISD
- Elementary School: Pilot Point
- Middle Or Junior School: Pilot Point
- High School: Pilot Point
Building Information
- Year Built: 2016
- Year Built Details: Preowned
Location/Region
- Country: US
- County Or Parish: Denton
- Postal City: PILOT POINT
- Subdivision Name: Aubrey Ranch Estates
General Information
- Listing Terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Parcel Number: R163363
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total: 2
- Bedrooms Total: 4
General Information
- Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Tankless Water Heater
- Basement: No
- Fireplace Features: Living Room
- Fireplace: Yes
- Fireplaces Total: 1
- Flooring: Carpet,Tile,Vinyl
- Foundation Details: Slab
- Interior Features: Decorative/Designer Lighting Fixtures,Double Vanity,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
- Levels: Two
- Living Area: 3488.0
- Other Equipment: Other
- Security Features: Prewired,Security System,Fire Alarm,Smoke Detector(s)
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Features: Detached Carport,Garage Faces Front,Garage,Garage Door Opener
Lot Information
- Lot Size Acres: 5.04
- Lot Size Area: 5.04
- Lot Size Source: Public Records
- Lot Size Square Feet: 219542.4
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Traditional,Detached
- Attached Garage: Yes
- Construction Materials: Brick,Concrete,Stone Veneer
- Patio And Porch Features: Covered
- Property Attached: No
- Roof: Composition,Shingle
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 2.0
- Exterior Features: Private Yard,Rain Gutters
- Fencing: Wood
- Pool Features: None
- Sewer: Aerobic Septic
- Utilities: Electricity Available,Septic Available,Water Available
Room Information
Room: Living Room
- Level: First
- Dimensions: 18 x 25
- Length: 18.0
- Width: 25.0
- Features: Fireplace
Room: Primary Bedroom
- Level: Second
- Dimensions: 18 x 21
- Length: 18.0
- Width: 21.0
- Features: Ceiling Fan(s),Dual Sinks,Double Vanity,Granite Counters,Garden Tub/Roman Tub,Separate Shower,Walk-In Closet(s)
10720 FM 1385 Monthly Cost
10720 FM 1385 Market Data
Based on the last 30 days in this zip code
10720 FM 1385 History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: North Texas MLS | June 16, 2026 |