Date
Details
Price
Change
Source
7/24/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 10732 FM1385
General
- Price: $1,500,000
- Taxes: $5,592
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21337693
- Updated: Today (7/24/2026)
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Gas Starter, Living Room, Wood Burning
- Appliances: Dishwasher, Electric Range, Microwave
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Fenced, Gunite, In Ground, Pool
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Rear Porch, Front Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Circular Driveway, Driveway, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Denton
- Subdivision: Aubrey Ranch Estates
- Driving Directions: GPS
School Information
- Elem School District: Pilot Point ISD
- Midd School District: Pilot Point ISD
- High School District: Pilot Point ISD
- Elementary School: Pilot Point
- Middle School: Pilot Point
- High School: Pilot Point
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Fireplace(s), Propane
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Propane, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Windows: Shutters, Window Coverings
- Stories/Levels: 2
- Living Area: 2,366 Sq. Ft.
- Year Built: 1997
Additional Structures
- Other Structures: Kennel/Dog Run, Guest House
Lot Features
- Lot Size (Acres): 4.8
- Lot Size (Sq. Ft.): 209,088
- Lot Size Source: Assessor
- Frontage: All Weather Road, Asphalt
- Lot Features: Acreage, Back Yard, Lawn, Landscaped, Pasture
- Fencing (Description): Barbed Wire, Chain Link, Pipe
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,592
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: AUBREY RANCH ESTATES BLK 1 LOT 2
- Exclusions: All personal decorations & items, all yard decorations, TV'S, and all the dog panels and gates under back porch.
- Property ID: R163362
- Block: 1
- Lot Number: 2
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 10732 FM1385
School District:Pilot Point Independent School District
| Name | Grades | Distance |
|---|---|---|
Pilot Point Elementary School 829 South Jefferson Street, Pilot Point, TX 76258 | PK-2 | 4.3 mi |
Pilot Point Intermediate School 501 East Carroll Street, Pilot Point, TX 76258 | 3-6 | 4.7 mi |
Pilot Point Selz Middle School 828 South Harrison Street, Pilot Point, TX 76258 | 7-8 | 4.1 mi |
Pilot Point High School 1300 North Washington Street, Pilot Point, TX 76258 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10732 FM1385
Tax History
Tax History for 10732 FM1385
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,877
12%
$497,417
-43%
2023
$1,679
—
$868,306
59%
2023
$1,679
-45%
$546,150
36%
2021
$3,050
-1%
$402,309
-10%
2022
$3,066
58%
$448,653
13587%
2020
$1,938
-58%
$3,278
-99%
2018
$4,597
—
$288,133
-6%
2019
$4,596
31%
$307,697
41%
2017
$3,497
9%
$217,500
10%
2016
$3,205
9%
$198,063
10%
2015
$2,941
3%
$180,180
4%
2014
$2,848
7%
$173,408
7%
2013
$2,671
—
$161,424
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10732 FM1385
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10732 Fm 1385, Pilot Point, TX 76258 (MLS# 21337693) is a Single Family property with 4 bedrooms and 3 full bathrooms. 10732 Fm 1385 is currently listed for $1,500,000 and was received on July 24, 2026. This property is listed by Belinda Duff from our Frisco Regional Office.Want to learn more about 10732 Fm 1385? Do you have questions about finding other Single Family real estate for sale in Pilot Point? You can browse all Pilot Point real estate or contact a Coldwell Banker agent to request more information.