8771 Fm 2931, Pilot Point, TX 76258
sale
$895,000
|
Business
Courtesy Of RE/MAX Cross Country, Listed By Austin Holtzman
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! Sqft on building & leasable size is a guesstimate. All info deemed to be accurate, buyer to verify.
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Virtual Tour
Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Aluminum Siding
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Tile - Ceramic
- Heating System: Central
- Legal Description: A0223A CHAMBERS, TR 100(PT), 4.9500 ACRES, OL
- MLSID: 21102786
- Roof Type: Composition
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