9940 Cole Rd, Pilot point, TX 76258
FOR SALE
27.09 ACRES

9940 Cole Rd
Pilot point, TX 76258

  • 2 Beds
  • 2 Baths
  • 2,578 sqft (on 27.09 acres)

$4,450,950

Original price: $4,945,500
Est. Mortgage $27,438/mo*

$4,450,950

Original price: $4,945,500
Est. Mortgage $27,438/mo*
2 Beds
2 Baths
2,578 sqft
(on 27.09 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
3 Carport Spaces
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$1,727
Listed
112 days ago

Home Details for 9940 Cole Rd

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Master Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2578 Square Feet
Appliances & Utilities
Utilities: Septic Available, Water AvailableAppliances: Dishwasher, Gas CooktopDishwasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Den, Raised HearthSpa: Hot TubHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Tile

Exterior Features

Exterior Home Features
Fencing: PipeOther Structures: Arena, Covered Arena, Residence, Stable(s), Workshop, Barn(s)
Parking & Garage
Number of Carport Spaces: 3Number of Covered Spaces: 3Has a CarportNo GarageNo Attached GarageParking Spaces: 3Parking: Concrete,Carport
Pool
Pool: Fenced, In Ground, Outdoor Pool, PoolPool
Frontage
Road Frontage: All Weather RoadNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: Barn, Indoor Arena, Round Pen, ArenaAllowed to Raise Horses

Days on Market

Cumulative Days on Market: 101Days on Market: 112

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Ranch,Detached,Farmhouse
Building
Not Attached Property
Property Information
Usage of Home: Horses, Ranch, Residential, RecreationalParcel Number: R732085

Price & Status

Price
List Price: $4,450,950Price Per Sqft: $1,727
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Pilot PointCommunity: Horseshoe Nail Ranch
School Information
Elementary School: Pilot PointElementary School District: Pilot Point ISDJr High / Middle School: Pilot PointJr High / Middle School District: Pilot Point ISDHigh School: Pilot PointHigh School District: Pilot Point ISD

Agent Information

Listing Agent
Listing ID: 21154212

HOA

No HOA

Lot Information

Lot Area: 27.09 Acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, Owner Will Carry

Miscellaneous

Mls Number: 21154212Living Area Range Units: Square FeetAttribution Contact: 214-350-0400Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48121-N-R732085-R-N
Last check for updates: about 2 hours ago
Listing courtesy of 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, (214) 350-0400
Source: NTREIS, MLS#21154212
Also Listed on NTREIS.

Price History for 9940 Cole Rd

DatePriceEventSource
04/27/2026$4,450,950PriceChange
NTREIS #21154212
01/16/2026$4,945,500Listed For SaleNTREIS #21154212
12/02/2025$4,945,500ListingRemovedNTREIS #21048599
10/16/2025$4,945,500PriceChange
NTREIS #21048599
09/02/2025$5,495,000Listed For SaleNTREIS #21048599
06/25/2024$4,449,000ListingRemovedNTREIS #20547138
04/15/2024$4,449,000Listed For SaleNTREIS #20547138
03/24/2024ListingRemovedNTREIS #20547138
02/28/2024$4,449,000Listed For SaleNTREIS #20547138
02/27/2024ListingRemovedNTREIS #20423150
01/28/2024$4,449,000PriceChange
NTREIS #20423150
12/07/2023$4,850,000Listed For SaleNTREIS #20423150
08/09/2018$1,850ListingRemovedAgent Provided
07/18/2018$1,850Listed For RentAgent Provided
10/09/2017$1,500ListingRemovedAgent Provided
09/19/2017$1,500PriceChange
Agent Provided
08/17/2017$1,800Listed For RentAgent Provided

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Property Tax and Assessment

Year2018
Tax$521
Assessment$106,842
Home facts updated by county records

Comparable Sales for 9940 Cole Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.76
Single-Family Home
-
07/30/25
4
3.5
2,807
0.95
Single-Family Home
-
03/24/26
3
2
2,244
0.98
Single-Family Home
-
05/09/25
3
2
2,322
1.09
Single-Family Home
-
04/15/26
3
2
2,040
0.94
Single-Family Home
-
11/12/25
4
2.5
2,532
1.31
Single-Family Home
-
01/09/26
3
2
2,271
1.22
Single-Family Home
-
04/06/26
4
3.5
2,536
1.26
Single-Family Home
-
04/15/26
4
3
2,022
1.44
Single-Family Home
-
08/18/25
3
2
1,728
1.48
Single-Family Home
-
06/24/25
3
2
1,917

Assigned Schools

These are the assigned schools for 9940 Cole Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Pilot Point

At least 24 Trulia users voted on each feature.
  • 94 % Say kids play outside

  • 86 % Say car is needed

  • 83 % Say yards are well-kept

  • 79 % Say parking is easy

  • 73 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 61 % Say there's wildlife

  • 58 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say it's dog friendly

  • 50 % Say it's walkable to restaurants

  • 48 % Say it's quiet

  • 41 % Say it's walkable to grocery stores

  • 31 % Say there are community events

  • 27 % Say there are sidewalks

  • 21 % Say streets are well-lit

Learn more about our methodology.
  • Brittneywatson2018
    "The area is great but neighborhood can be sketchy. People are horrible drivers and there’s always construction "
  • Javier-piqui
    "It’s soo nice to live here I know a lot people since long time and it’s very cool have lot ranch whit horses and lake close to my "
  • Lemonsvvisd
    "Lived here for almost 4 years. the neighborhood is snooty. All the kids are spoiled brats. The whole town is full of the most snobby, rude, and entitled people I've ever met."
  • Jessica F.
    "I’ve lived here my entire life and it’s just a great town. It’s small so you know everyone but it is growing."
  • Deborah B. G.
    "I live in this community and have raised children here. Lots of horses in the area, hunting, fishing."
  • Melissa A. S.
    "Pilot Point is a nice quiet town in close proximity to Dallas and Frisco Areas. This home is located on a end street yet just right off of 377 for easy access. "
  • Cecilia G.
    "This is a great area in Horse Country, U.S.A. Located only 30 minutes from Frisco, TX and the North Texas Plano and Collin County Corridor, just 60 miles from Dallas. Less than 20 miles away, you will find Denton, TX, the home of Unviersity of North Texas and Texas Womans University. If you want the real Old West, Fort Worth is just an hour away. Oak groves and native grasses have been allowed to remain on the land. The property has road access on three sides. Since it is one of the first homestead properties in the history of Pilot Point, it has a dynamic past, including Bonnie and Clyde. Open land allows the new owner to build and develolp according to his own designs. Horses love this land. A twelve acre hay field is in place to produce good hay for horses and cattle. The site has the potential of being developed with a house on a hill. 100 acres are listed at the present time; however, an additiional 50 acres will soon be available. This is the Land of Gene Autry, only 7 miles from Tioga, TX, the hometown of Gene Autry. Lay Ray Roberts can be seen from certain points on the property. Sunsets are beautiful. It is quiet and no heavy thru traffic since Wilson Road dead ends into Lake Ray Roberts itelf. If you have a dream of designing and building your dream ranch, this is the place."

LGBTQ Local Legal Protections

Connor Hunt, Briggs Freeman Sotheby's Int'l, 214-350-0400
Agent Phone: (214) 350-0400
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
9940 Cole Rd, Pilot point, TX 76258 is a 2 bedroom, 2 bathroom, 2,578 sqft single-family home built in 1981. This property is currently available for sale and was listed by NTREIS on Jan 16, 2026. The MLS # for this home is MLS# 21154212.