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11470 Massey Road - 46.58+/- Acres | Pilot Point ETJ Lot • Résidentiel • 46,58 Acres • 6 296 850 $ CAD • Pilot Point, TX 76258
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Faits saillants de l'investissement
- Positioned off US-377, just 1.5 miles south of downtown Pilot Point and 10 miles north of US-380.
- The existing improvements include an 8,924 SF 7-bedroom home (1975 YOC), two mobile homes, an 8,360 SF barn, and an 18,115 SF barn.
- Pilot Point’s population has surged 54.6% since the 2020 Census.
- Located within Pilot Point’s ETJ, there are no known zoning restrictions.
- Immediate income-producing potential and operational flexibility for a new owner, allowing a buyer to generate cash flow.
- The current unemployment rate in Denton County is 3.3 percent per FRED, showing continued employment stability.
Résumé de l'annonce
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 46.58+/- acres (the “Site”) located along US 377 in the Pilot Point, TX ETJ.
On the Site is a 7-bedroom home (1975 YOC & approx. 8,924 SF), two mobile homes, a large barn (approx. 18,115 SF), and a small barn (approx. 8,360 SF). Current ownership is utilizing the property as an event center and has short-term leases on several of the structures.
This presents an incredible opportunity for a new buyer to purchase property in one of Texas’ fastest growing corridors in terms of population in addition to owning an income producing property (See Marketing Flyer for actual and potential rental rates).
The Site lends itself to a variety of potential uses for development given it is within the Pilot Point ETJ. Located just 1.5 miles south of downtown Pilot Point and 10 miles north of US 380, the Site is at the gateway of future development in the region. This deal is exceptionally priced at only $4,500,000 ($96,606 per acre).
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
On the Site is a 7-bedroom home (1975 YOC & approx. 8,924 SF), two mobile homes, a large barn (approx. 18,115 SF), and a small barn (approx. 8,360 SF). Current ownership is utilizing the property as an event center and has short-term leases on several of the structures.
This presents an incredible opportunity for a new buyer to purchase property in one of Texas’ fastest growing corridors in terms of population in addition to owning an income producing property (See Marketing Flyer for actual and potential rental rates).
The Site lends itself to a variety of potential uses for development given it is within the Pilot Point ETJ. Located just 1.5 miles south of downtown Pilot Point and 10 miles north of US 380, the Site is at the gateway of future development in the region. This deal is exceptionally priced at only $4,500,000 ($96,606 per acre).
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
Faits sur la propriété
| Prix | 6 296 850 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 46,58 AC |
| Zonage | Pilot Point ETJ | ||
| Prix | 6 296 850 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Taille totale du lot | 46,58 AC |
| Zonage | Pilot Point ETJ |
1 Lot disponible
Lot
| Prix | 6 296 850 $ CAD | Taille du lot | 46,58 AC |
| Prix par AC | 135 183,55 $ CAD |
| Prix | 6 296 850 $ CAD |
| Prix par AC | 135 183,55 $ CAD |
| Taille du lot | 46,58 AC |
1 1
Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Inaccessible en vélo
10/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 1 790 485 $ CAD | |
| Évaluation du terrain | 179 498 $ CAD | Évaluation totale | 1 969 983 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
179 498 $ CAD
Évaluation des bâtiments
1 790 485 $ CAD
Évaluation totale
1 969 983 $ CAD
Contacts
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Jordan Cortez -
Mason John -
Will Droese -
Justin Tidwell -
Haley Birmingham -
Reid Pierce -
Alex Johnson -
Tim Marron -
Vanguard Real Estate Advisors
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11470 Massey Road - 46.58+/- Acres | Pilot Point ETJ
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