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$849,000 -$46,000 (-5.14%) Price Reduced
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Property Description
Invest in an income-generating, turn key equestrian facility on almost 5 meticulously maintained acres. This unique property is designed for the serious horse enthusiast and the savvy investor, offering both premium, state of the art horse amenities and three separate residential rental units that can provide passive income. Based on local market rates, this facility projects a potential revenue of over $10,000 monthly when fully leased, establishing it as a strong financial asset. The core of the operation is the professional 13 stall stable, complete with rubber mats, a dedicated washroom, a tack room, with convenient power and water. Equestrians will appreciate the ability to train year round in the covered riding arena and the oversized lighted covered round pen. Horse health and conditioning are streamlined with a dedicated automatic horse walker, while boarders benefit from 13 individual paddocks, each featuring a run-in shelter. The operational support is robust, including a large hay barn with a work area, equipment storage, and two essential birthing stalls, alongside a separate shaving barn that has ample space for tractor parking. For the investor, the property includes three highly desirable residential units, a 2 bedroom, 2 bathroom apartment, attached to the office, a 1 bedroom, 1 bathroom apartment, and a separate 2 bedroom, 2 bathroom spacious mobile home with a fireplace. All units are currently occupied on month-to-month lease, ensuring immediate cash flow and lease flexibility. This horse facility is positioned adjacent to a residential subdivision that is building approximately 500 homes. It will be an excellent client base, ensuring a sustained demand and future revenue growth for boarding services. 3D tour & video available! This property can be a great cash flowing investment for the right owner!
Full Property Details
Full Property Details for 8771 FM2931
General
- Price: $849,000
- Taxes: $3,021
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21102557
- Updated: 1/14/2026
- Added to Site: 74 day(s) ago
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Electric Range
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Exterior
- Exterior Features: Awning(s), Deck, Storage
- Porch/Patio/Deck: Covered, Deck
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport, Driveway, On Site, RV Carport, Shared Driveway, Storage, Boat, RV Access/Parking
Location
- County: Denton
- Subdivision: Chambers
- Driving Directions: From 377, Go East on Spring Hill Rd. Left on FM 2931. GPS on Google Maps is accurate. Look for a white gate on the left. Pull up close and the gate will open, stay left to get to the horse facility.
School Information
- Elem School District: Aubrey ISD
- Midd School District: Aubrey ISD
- High School District: Aubrey ISD
- Elementary School: James A Monaco
- Middle School: Aubrey
- High School: Aubrey
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Public
- Utility Description: Electricity Connected, Water Available
Structural Information
- Architectural Style: Traditional, Farmhouse
- Structure Type: Apartment, House
- Detached/Attached: Attached
- Construction: Aluminum Siding, Frame
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 2,240 Sq. Ft.
- Year Built: 1983
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 4.95
- Lot Size (Sq. Ft.): 215,622
- Lot Features: Acreage, Flag Lot
- Fencing (Description): Cross Fenced, Split Rail
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,021
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: A0223A CHAMBERS, TR 100(PT), 4.9500 ACRES, OL
- Property ID: R52478
- Lot Number: 100
Listed by RE/MAX Cross Country, Austin Holtzman
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Schools
Schools serving 8771 FM2931
School District:Aubrey Independent School District
| Name | Grades | Distance |
|---|---|---|
Hl Brockett 900 Chestnut Street, Aubrey, TX 76227 | K-5 | 3.2 mi |
Aubrey Middle School 815 West Sherman Drive, Aubrey, TX 76227 | 6-8 | 3.5 mi |
Aubrey High School 510 Spring Hill Road, Aubrey, TX 76227 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8771 FM2931
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$849,000
-5.14%
MLS
12/09/2025
Price Reduced
$895,000
-10.05%
MLS
11/18/2025
Price Reduced
$995,000
-13.4%
MLS
11/11/2025
Price Reduced
$1,149,000
-9.88%
MLS
11/03/2025
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8771 FM2931
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,844
522%
$209,351
6%
2023
$457
5%
$197,061
524%
2022
$436
-9%
$31,604
20%
2021
$480
100%
$26,271
-7%
2020
100%
$28,326
-79%
2019
-100%
$138,088
-58%
2019
$5,922
-66%
$330,157
-66%
2018
$17,486
4%
$963,137
—
2017
$16,750
6%
$958,366
7%
2016
$15,762
4%
$896,406
5%
2015
$15,130
2%
$853,825
3%
2014
$14,781
2%
$829,394
3%
2013
$14,485
—
$807,005
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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