TX
Denton
Pilot Point
76258
10720 FM 1385
10720 FM 1385, Pilot Point, TX 76258
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Listing Type
Single Family
Listing Status
Active
32
$1,299,000

Home Details for 10720 FM 1385

Price
$1,299,000
Type
Residential
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Square feet
3488
Year built
2016
Lot size acres
5.04
County
Denton
Total rooms
2
Garage
2
MLS Listing#
21303695
Property 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 $3,800. 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 $3,800 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.

Property Features
  • House Interior
    • Double Vanity
    • Granite Counters
    • Kitchen Island
    • Open Floorplan
    • Pantry
    • Vaulted Ceiling(s)
    • Walk-In Closet(s)
  • Parking
    • Detached Carport
    • Garage
    • Garage Door Opener
    • Garage Faces Front
    • Attached
  • Heating Information
    • Fireplace(s)
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Electricity Available
  • Garage
    • 1
  • Fire Place
    • Living Room
School Information
School Information for 10720 FM 1385, Pilot Point, TX 76258
Elementary School
Pilot Point
Middle School
Pilot Point
High School
Pilot Point
Listing Courtesy: Sun Star Realty - 862-485-3949
Presented by: Sesha Gorantla
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-06-17 06:50:43
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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