46.58+/- Acres | Pilot Point ETJ

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 46.58+/- acres (the “Site”) located along US 377 in the Pilot Point, TX ETJ.

On the Site is a 7-bedroom home (1975 YOC & approx. 8,924 SF), two mobile homes, a large barn (approx. 18,115 SF), and a small barn (approx. 8,360 SF). Current ownership is utilizing the property as an event center and has short-term leases on several of the structures.

This presents an incredible opportunity for a new buyer to purchase property in one of Texas’ fastest growing corridors in terms of population in addition to owning an income producing property (See Marketing Flyer for actual and potential rental rates).

The Site lends itself to a variety of potential uses for development given it is within the Pilot Point ETJ. Located just 1.5 miles south of downtown Pilot Point and 10 miles north of US 380, the Site is at the gateway of future development in the region. This deal is exceptionally priced at only $4,500,000 ($96,606 per acre).