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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 barnsPasture overlooking a pondPipe fencingWooded pastures
    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.
    68 days
    |
    370
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2026 at 09:26am

    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
      • Cumulative days on market: 68 days
      • 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
        4/15/2024Listed for sale$4,449,000$1,726/sqft
        Source: NTREIS #20547138 Report a problem
        3/24/2024Listing removed--
        Source: NTREIS #20547138 Report a problem
        2/28/2024Listed for sale$4,449,000$1,726/sqft
        Source: NTREIS #20547138 Report a problem
        2/27/2024Listing removed--
        Source: NTREIS #20423150 Report a problem
        1/28/2024Price change$4,449,000-8.3%$1,726/sqft
        Source: NTREIS #20423150 Report a problem
        12/7/2023Listed for sale$4,850,000$1,881/sqft
        Source: NTREIS #20423150 Report a problem
        8/9/2018Listing removed$1,850$1/sqft
        Source: RE/MAX ADVANTAGE #13893011 Report a problem
        7/18/2018Listed for rent$1,850+23.3%$1/sqft
        Source: RE/MAX Advantage #13893011 Report a problem
        10/9/2017Listing removed$1,500$1/sqft
        Source: RE/MAX Advantage #13675249 Report a problem
        9/19/2017Price change$1,500-16.7%$1/sqft
        Source: RE/MAX Advantage #13675249 Report a problem
        8/17/2017Listed for rent$1,800$1/sqft
        Source: RE/MAX Advantage #13675249 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%
        2015-- $7,738 -35%
        2012-- $11,908 -6.7%
        2011-- $12,758 -4.2%
        2010-- $13,317 +2.9%
        2009-- $12,942 -20.2%
        2007-- $16,223 -6.8%
        2006-- $17,405

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $31,230/mo
        Principal & interest
        $25007
        Property taxes
        $6223
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          Climate risks

          Neighborhood: 76258

          Getting around

          0 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          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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