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.
Based on the average sale price from the Waco, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
10732 Fm 1385 Pilot Point, TX is a Single Family Home for sale at $1500000 with 2366 sqft and a lot size of 4.8 Acres Acre(s). 10732 Fm 1385 Pilot Point has 4 bedrooms, 3 baths and was built in 1997. The property's zip code is 76258 which is in Pilot Point, TX
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.