Equestrian Facility – Pilot Point, TX

Development Opportunity in North Texas

Auction Details & Links

Auctions:
3pm Thursday, April 11 CDT

Auction Location:
8254 FM 1385, Pilot Point, TX 76258

Open Public Inspections:
1-4pm Friday March 29,
Sunday March 31 and April 7,
and 2 hours prior to sale.

Nominal Opening Bid:
Parcel 1: $100,000. Parcels 2-5: $500/ac,
Parcels 6 & 7: $10,000/ea.

Directions:
From Hwy 380 and Dallas North Tollway,
approx 4.5 miles west to FM 1385,
then north approx 7 miles to Mustang Rd
and property on your right.

For more information please contact:
Customer Service at 800.801.8003

Online Bidding:
If you are unable to attend the auction,
bid live from anywhere at AuctionNetwork.com

Equestrian Facility – Pilot Point, TX

Equine Facility with
Future Development Opportunity

Offering the 196+/- acre horse breeding facility currently operating as JEH Stallion Station. Seller, who is consolidating to another Texas ranch, purchased the ranch almost 20 years ago and developed a champion thoroughbred and quarter horse breeding facility. The farm improvements have expanded over the years to include several stallion and mare barns, three ranch hand homes, an office, lab, lighted arena and many paddocks and pastures.

Located in Denton County, the ranch is in the heart of Texas Horse Country. The facilities on the ranch are versatile for any type of horse or livestock operation, including breeding, training or boarding, or for a range of disciplines that include racing, reigning, cutting or hunters/jumpers.

The Dallas North Tollway currently ends at Hwy 380, just south and east of JEH Stallion Station. However, the North Texas Tollway Authority has proposed, and started initial planning, for a 17.6 mile Phase 4 extension northward that would bring the highway within a few miles of the ranch. The tollway has helped spur development of several master-planned communities in the immediate area, including the nearby communities of Savannah and Providence Village.

A $1.2 billion master planned community project just southeast of the ranch in Prosper was announced in late March by developer Terre Verde Group.

The ranch will sell in seven parcels, with most of the horse improvements located on Parcel 1. Two of the ranch hand homes will sell separately and no equipment or livestock will be conveying.

2012 Taxes: $19,109.72
School District: Pilot Point



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