About this home

Investment Opportunity in the High-Growth FM 1385 Corridor! This exceptional 4.8-acre ranchette offers a rare combination of immediate income potential, multigenerational living, and future investment opportunities in one of North Texas' fastest-growing areas. The main residence features 4 bedrooms, 3 full baths, spacious living areas, and an inviting in-ground swimming pool perfect for relaxing or entertaining. A separate 608-square-foot guest house offers 3 bedrooms and 1 full bath, creating excellent potential for rental income, extended family, guests, or a home office. The property is well-equipped for country living with dog kennels, a loafing shed, open acreage, and ample room for livestock, hobbies, or future improvements. Ideally positioned along the rapidly developing FM 1385 corridor, this property is just minutes from Highway 380, the Dallas North Tollway extension, and the expanding retail, dining, and employment centers of Celina, Prosper, Aubrey, Pilot Point, and Frisco. The planned HEB at FM 1385 and Mustang Road further enhances the area's long-term growth potential. Additional highlights include Mustang Special Utility District water, NO HOA, NO PID, and NO MUD, providing greater flexibility and fewer recurring fees. Located in one of the nation's fastest-growing regions, this property presents an outstanding opportunity for homeowners, investors, or those seeking a private acreage retreat with future upside. Whether you're looking for multigenerational living, income-producing potential, or a strategic investment in Denton County's continued growth, this unique property is one you won't want to miss.

Facts and features

Schools

• Pilot Point Selz Middle School

  middle · 6-8 · 4.2 mi

  5

• Pilot Point Elementary School

  elementary · K · 4.3 mi

• Pilot Point High School

  high · 9-12 · 5.1 mi

  5

• Pilot Point Intermediate School

  elementary · 1-5 · 4.8 mi

  5

Price history

• Jul 24, 2026 · Listed$1,500,000
• Jul 13, 2000 · Sold—
• Dec 30, 1997 · Sold—
• Jun 17, 1997 · Sold—

Tax history

• 2025$5,591 tax · $497,417 assessed
• 2023$5,222 tax · $429,547 assessed
• 2022$5,389 tax · $377,065 assessed
• 2021$4,889 tax · $350,942 assessed
• 2020$47 tax · $3,278 assessed
• 2019$4,595 tax · $307,697 assessed
• 2018$4,597 tax · $288,133 assessed
• 2017$3,496 tax · $217,500 assessed

Home value

$1,485,000

• Collateral Analytics$1,485,000
• Quantarium$1,446,860

Where it is