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For sale
    • $4,945,500

    9940 Cole Rd, Pilot Point, TX 76258

    2beds
    2,578sqft
    : 
    Farm, Single Family Residence
    Built in 1981
    27.09 Acres Lot
    $-- Zestimate®
    $1,918/sqft
    $-- HOA

    What's special

    Indoor and outdoor arenasCattle chutesEquipment-storage barnsPipe fencingWooded pastures
    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.
    22 days
    |
    553
    |
    30
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 16, 2026 at 02:11pm

    Listed by:

    Connor Hunt 0710155 214-350-0400,

    Briggs Freeman Sotheby's Int'l 214-350-0400,

    David Burgher 0316273 214-213-8715,

    Briggs Freeman Sotheby's Int'l

    Source: NTREIS,MLS#: 21154212

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 0 x 0
    Living room
    • Level: First
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Cooktop
    Features
    • Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters
    • Flooring: Tile
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Den, Raised Hearth
    Interior area
    • Total interior livable area: 2,578 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Carport
    • Carport spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Fenced, In Ground, Outdoor Pool, Pool
    • Has spa: Yes
    • Spa features: Hot Tub
    • Fencing: Pipe
    Lot
    • Size: 27.09 Acres
    • Features: Acreage, Agricultural
    Details
    • Additional structures: Arena, Covered Arena, Residence, Stable(s), Workshop, Barn(s)
    • Parcel number: R732085
    • Horses can be raised: Yes
    • Horse amenities: Barn, Indoor Arena, Round Pen, Arena

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Detached,Farmhouse
    • Property subtype: Farm, Single Family Residence
    Condition
    • Year built: 1981

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Septic Available, Water Available

    Community & HOA

    Community
    • Subdivision: Horseshoe Nail Ranch
    HOA
    • Has HOA: No
    Location
    • Region: Pilot Point

    Financial & listing details

    • Price per square foot: $1,918/sqft
    • Tax assessed value: $106,842
    • Annual tax amount: $521
    • Date on market: 1/16/2026
    • Listing terms: Cash,Conventional,1031 Exchange,Owner Will Carry
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,672/mo

    Price history

    Price history
    DateEventPrice
    1/16/2026Listed for sale$4,945,500$1,918/sqft
    Source: NTREIS #21154212 Report a problem
    12/2/2025Listing removed$4,945,500$1,918/sqft
    Source: NTREIS #21048599 Report a problem
    10/16/2025Price change$4,945,500-10%$1,918/sqft
    Source: NTREIS #21048599 Report a problem
    9/2/2025Listed for sale$5,495,000+23.5%$2,131/sqft
    Source: NTREIS #21048599 Report a problem
    6/25/2024Listing removed$4,449,000$1,726/sqft
    Source: NTREIS #20547138 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2018$521 $32,657 +0.3%
    2017-- $32,557 +330.5%
    2016-- $7,563 -2.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $31,833/mo
    Principal & interest
    $23879
    Property taxes
    $6223
    Home insurance
    $1731

      Climate risks

      Neighborhood: 76258

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Pilot Point
      • Middle: Pilot Point
      • High: Pilot Point
      • District: Pilot Point ISD

      Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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