Investor Opportunity | Hwy 377 Access | 46.58+/- Acres | Pilot Point ETJ
$4,500,000
11470 Massey Road, Pilot Point, TX 76258
46.58 acres
Lot Area
Pilot Point ETJ
Zoning
Details:
Highlights:
- Positioned off US-377, just 1.5 miles south of downtown Pilot Point and 10 miles north of US-380.
- TxDOT has proposed the widening and reconstruction of US-377 from north of Business 377 in Pilot Point all the way south to US-380 — a transformative infrastructure investment that will dramatically increase the site’s accessibility, visibility, and long-term land value.
- The Dallas North Tollway’s latest extension through Prosper and Celina is scheduled for completion by the end of 2027, with future extensions expected to continue northward along the Dallas Parkway alignment toward Pilot Point.
- Located within Pilot Point’s ETJ, there are no known zoning restrictions.
- The existing improvements — including an 8,924 SF 7-bedroom home (1975 YOC), two mobile homes, an 8,360 SF barn, and an 18,115 SF barn — provide immediate income-producing potential and operational flexibility for a new owner, allowing a buyer to generate cash flow while pursuing longer-term development planning.
- Pilot Point’s population has surged 54.6% since the 2020 Census, growing from approximately 4,380 residents to roughly 6,770 in 2024, with city officials projecting over 10,000 residents by 2029 — and with multiple master-planned communities actively under development in and around the city, that trajectory is only accelerating.
- The current unemployment rate in Denton County is 3.3 percent per FRED, showing continued employment stability in the County. Per Texas Realtors, the median price for a home in Denton County as of early 2026 was $425,000.
Description:
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).
To gain access to the marketing brochure and full Due Diligence Vault click on the following link:
https://docsend.com/view/s/vpztydvkrvf67kqk
A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
Documents:
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Marketing_Flyer_-_46_Acres_Pilot_Point_06.09.26.pdf
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Location
Gallery