Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
2016
Sq.Footage
3,488
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.
Features & Amenities
Interior
-
Other Interior Features
Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
2
-
Basement YN
NO
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Fireplace(s), Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stone, Brick, Concrete, Stone Veneer
-
Other Exterior Features
Rain Gutters, Private Yard
-
Parking
Detached Carport, Garage, Garage Door Opener, Garage Faces Front, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
5.04
-
Lot Size(square feet)
219542.4
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$1,299,000
-
Sq. Footage
3, 488
-
Price/SqFt
$372
HOA
-
Association
No
School District
-
Elementary School
Pilot Point
-
Middle School
Pilot Point
-
High School
Pilot Point
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
3
-
Water Source
Public
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Location
County
Denton
Elementary School
Pilot Point
Middle School
Pilot Point
High School
Pilot Point
Listing Courtesy of Sesha Gorantla , Sun Star Realty
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AGENT
Joe Boston
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