9940 Cole Rd Pilot Point, TX 76258
Estimated payment $26,888/month
Highlights
- Barn or Stable
- 27.09 Acre Lot
- Granite Countertops
- In Ground Pool
- Ranch Style House
- Built-In Features
About This Home
Seller is willing to offer owner-financing to a qualified buyer. This property presents a rare opportunity to purchase a turnkey equestrian boarding and training facility with income producing potential. The ranch features four barns with a total of sixty-five available stalls, indoor and outdoor arenas, equipment-storage barns, cattle chutes, turnouts, wooded pastures, pipe fencing, and six residences including a main house with swimming pool. The surrounding area is internationally renowned for training and breeding horse farms. There are numerous vets, farriers, and trainers in the immediate area for a variety of styles including cutting, reigning, reigning cow, hunter-jumper, dressage, polo, team roping, halter, thoroughbred, western pleasure, or barrel racing to name a few. The main house was originally built in 1981 as a club house for the ranch and overlooks a swimming pool and patio and cabana area for entertaining. Other residences on the ranch include two apartments within the main barn, and an attached cabin measuring roughly 1,300 sf. A mobile home and double wide, located near the north entrance of the property, are ideal for staff housing or for rentals. Seller is willing to subdivide the property. For more details see the complete write-up in the document section.
Listing Agent
Briggs Freeman Sotheby's Int'l Brokerage Phone: 214-350-0400 License #0710155 Listed on: 01/16/2026
Co-Listing Agent
Briggs Freeman Sotheby's Int'l Brokerage Phone: 214-350-0400 License #0316273
Home Details
Home Type
- Single Family
Year Built
- Built in 1981
Lot Details
- 27.09 Acre Lot
- Pipe Fencing
Parking
- 3 Carport Spaces
Home Design
- Ranch Style House
- Farmhouse Style Home
Interior Spaces
- 2,578 Sq Ft Home
- Built-In Features
- Decorative Lighting
- Raised Hearth
- Den with Fireplace
- Tile Flooring
Kitchen
- Gas Cooktop
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Fence Around Pool
Schools
- Pilot Point Elementary And Middle School
- Pilot Point High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Round Pen
- Barn or Stable
- Indoor Arena
- Arena
Additional Features
- Agricultural
- Central Heating and Cooling System
Community Details
- Horseshoe Nail Ranch Subdivision
Listing and Financial Details
- Tax Lot 32R
- Assessor Parcel Number R732085
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,706 | $386,088 | $76,533 | $498,387 |
| 2024 | $8,742 | $720,020 | $0 | $0 |
| 2023 | $5,582 | $544,321 | $68,439 | $626,292 |
| 2022 | $8,730 | $610,823 | $52,911 | $625,899 |
| 2021 | $6,772 | $479,151 | $28,225 | $450,926 |
| 2020 | $6,400 | $428,514 | $28,294 | $400,220 |
| 2019 | $6,955 | $435,905 | $28,294 | $407,611 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $4,945,500 | -- | $1,918 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Integrity Title Company Llc | |
| Interfamily Deed Transfer | -- | Stc | |
| Vendors Lien | -- | Capital Title | |
| Vendors Lien | -- | Capital Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000 | Seller Take Back | |
| Previous Owner | $372,500 | New Conventional | |
| Previous Owner | $255,000 | Seller Take Back | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21154212
APN: R732085
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