9940 Cole Rd Pilot Point, TX 76258
Estimated payment $26,043/month
Highlights
- Barn or Stable
- 27.09 Acre Lot
- Granite Countertops
- In Ground Pool
- Ranch Style House
- Built-In Features
About This Home
A turnkey equestrian property offered as either 27 acres, 18+- acres with residences and improvements, or 9+- acres of pasture overlooking a pond. See the map attached in the document section of this page. 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.
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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Ask me questions while you tour the home.