10720 Fm 1385, Pilot Point, Texas

Description

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.

Directions: Use the GPS