Date
Details
Price
Change
Source
1/16/2026
Listed
$4,945,500
—
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
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.
Full Property Details
Full Property Details for 9940 Cole Rd
General
- Price: $4,945,500
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21154212
- Updated: Today (1/16/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Den, Raised Hearth
- Appliances: Dishwasher, Gas Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Fenced, In Ground, Outdoor Pool, Pool
- Spa: Yes
- Spa Description: Hot Tub
Parking
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 3
- Parking Features: Concrete, Carport
Location
- County: Denton
- Subdivision: Horseshoe Nail Ranch
- Driving Directions: Use 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
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 2,578 Sq. Ft.
- Current Bldg. Use: Horses, Ranch, Residential, Recreational, Single Family
- Year Built: 1981
Additional Structures
- Other Structures: Arena, Covered Arena, Residence, Stable(s), Workshop, Barn(s)
Lot Features
- Lot Size (Acres): 27.09
- Lot Size (Sq. Ft.): 1,180,040.4
- Lot Size Source: Assessor
- Frontage: All Weather Road
- Lot Features: Acreage, Agricultural
- Potential Use: Horses, Ranch, Residential, Recreational
- Fencing (Description): Pipe
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, Indoor Arena, Round Pen, Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, 1031 Exchange, Owner Will Carry
Disclosures and Reports
- Legal Description: HORSESHOE NAIL RANCH LOT 32R
- Property ID: R732085
- Lot Number: 32R
Listed by Briggs Freeman Sotheby's Int'l, Connor Hunt and Briggs Freeman Sotheby's Int'l, David Burgher
We Value Your Privacy
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Listing agents
— 9940 Cole Rd —
Connor Hunt
Briggs Freeman Sotheby's Int'l
David Burgher
Briggs Freeman Sotheby's Int'l
214-350-0400
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 9940 Cole Rd
School District:Pilot Point Independent School District
| Name | Grades | Distance |
|---|---|---|
Pilot Point Elementary School 829 South Jefferson Street, Pilot Point, TX 76258 | PK-2 | 3.3 mi |
Pilot Point Intermediate School 501 East Carroll Street, Pilot Point, TX 76258 | 3-6 | 4.4 mi |
Pilot Point Selz Middle School 828 South Harrison Street, Pilot Point, TX 76258 | 7-8 | 3.3 mi |
Pilot Point High School 1300 North Washington Street, Pilot Point, TX 76258 | 9-12 | 5 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 9940 Cole Rd
Tax History
Tax History for 9940 Cole Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,706
38%
$386,088
-81%
2023
$5,582
—
$2,034,850
193%
2023
$5,582
-10%
$694,731
45%
2021
$6,234
-24%
$479,151
-29%
2022
$8,234
40%
$678,810
58%
2020
$5,870
-10%
$428,514
-2%
2019
$6,511
—
$435,905
—
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 9940 Cole Rd
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