9940 Cole Rd

Pilot Point, TX 76258

$4,945,500
Price
1,180,040 / 27.09
Lot Size / Acres
a view of a city from a terrace
an aerial view of ocean and residential houses with outdoor space
a view of a street
an aerial view of a houses with outdoor space
an aerial view of a house with a lake view
an aerial view of residential houses with outdoor space
a view of a house with pool and chairs
an aerial view of a house with a yard and lake view
a view of empty room
a view of large empty room
a view of storage and utility room
a front view of a house with outdoor seating
a house view with a garden space
a bedroom with a bed and a couch
a view of a backyard
a view of an empty room
a view of empty room with wooden ceiling
a livingroom with furniture and gym equipment
a view of a swimming pool and outdoor space
a view of empty room
a view of empty room with wooden ceiling
a bathroom with a shower
a view of lake view
a view of a lake with a yard
a view of swimming pool with a table and chairs
a view of a terrace with chairs
an aerial view of a houses with outdoor space and trees all around
a view of yard with trees
a living room with furniture a flat screen tv and a fireplace
a bedroom with furniture and a window

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...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.
  1. Listed by Connor Hunt • TREC #0710155 • Briggs Freeman Sotheby's Int'l • 214-350-0400
  2. Listed by David Burgher • TREC #0316273 • Briggs Freeman Sotheby's Int'l

Property Details for 9940 Cole Road

Subdivision Name
Horseshoe Nail Ranch
Architectural Style
Ranch
Structural Style
Farm/Ranch House, Single Detached
Pool
Yes
Garage Spaces
0
LISTING UPDATED: 01/16/2026 04:10 PM

Property Details for 9940 Cole Road

StatusActive
MLS #21154212
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm/Ranch
Year Built1981
Lot Size27.09 AC
CountyDenton County

Location

Listing Courtesy of Briggs Freeman Sotheby's Int'l, Connor Hunt; Briggs Freeman Sotheby's Int'l, David Burgher
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Building Information for 9940 Cole Road

Lot Size27.09 AC

Payment Calculator

$24,746 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,104

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9940 Cole Road

Summary
Location and General Information
  • Directions: Use GPS
  • Elementary School: Pilot Point
  • Elementary School Name: Pilot Point
  • High School: Pilot Point
  • High School Name: Pilot Point
  • Middle School: Pilot Point
  • Year Built Details: Preowned
  • School District: Pilot Point ISD
  • Geocode Confidence: High
  • Latitude: 33.32
  • Longitude: -96.96
  • State: Texas
Parking
  • Parking Features: Carport, Concrete
  • Carport Spaces: 3
  • Parking Spaces Covered Total: 3
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: HORSESHOE NAIL RANCH LOT 32R
  • Association Type: None
  • Tax Lot: 32R
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Den, Raised Hearth
  • Fireplaces Total: 1
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Built-in Features, Decorative Lighting, Granite Counters
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Appliances: Dishwasher, Gas Cooktop
  • Basement: No
  • Cooling: Central Air
  • Living Area: 2578.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1
Exterior Features
  • Fencing: Pipe
  • Number Of Stories: 1
  • Number Of Tanks And Ponds: 2
  • Pool Features: Fenced, In Ground, Outdoor Pool, Separate Spa/Hot Tub
  • Waterfront: No
  • Room and Features: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1
  • Room List: Bedroom-Primary, Master Bedroom, Living Room
  • Horse Amenities: Arena, Barn(s), Indoor Arena, Round Pens, Water to Barn
  • Horse Permitted: Yes
  • Exterior Buildings: Arena, Barn(s), Covered Arena, Residence, Stable(s), Workshop w/Electric
  • Levels: One
Room 1
  • Room Dimensions: 0 x 0
  • Room Features: Walk-in Closet(s)
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: .00
Room 2
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: .00
Property
Utilities
  • Utilities: All Weather Road, Septic, Well
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Owner Will Carry
  • Handicap: No
  • Loan Type: Treat As Clear
  • Aerial Photo Available: Yes
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Agricultural
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 27.09
  • Lot Size Area: 27.09
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1180040.4
  • Multi Parcel ID: Yes
  • Parcel Number: R732085
  • Parcel Number 2: R335429
  • Soil Type: Sandy Loam
  • Current Use: Horses, Ranch, Recreational, Residential
  • Property Attached: No
Farm Information
  • Farm Ranch Features: Fenced for Horses

Property History for 9940 Cole Road

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

NTREIS #21154212

$4,945,500—
Dec 2, 2025

Withdrawn

NTREIS #21048599

—
Oct 16, 2025

Price Change

NTREIS #21048599

$4,945,500—
Sep 2, 2025

Listed (Active)

NTREIS #21048599

$5,495,000—
May 10, 2024

Withdrawn

NTREIS #20547138

—
Feb 28, 2024

Listed (Active)

NTREIS #20547138

$4,449,000—
Feb 27, 2024

Withdrawn

NTREIS #20423150

—
Jan 27, 2024

Price Change

NTREIS #20423150

$4,449,000—
Dec 5, 2023

Listed (Active)

NTREIS #20423150

$4,850,000—
DateEvent & SourcePrice
01/16/2026

Listed (Active)

NTREIS #21154212

$4,945,500
12/02/2025

Withdrawn

NTREIS #21048599

—
10/16/2025

Price Change

NTREIS #21048599

$4,945,500
09/02/2025

Listed (Active)

NTREIS #21048599

$5,495,000
05/10/2024

Withdrawn

NTREIS #20547138

—
02/28/2024

Listed (Active)

NTREIS #20547138

$4,449,000
02/27/2024

Withdrawn

NTREIS #20423150

—
01/27/2024

Price Change

NTREIS #20423150

$4,449,000
12/05/2023

Listed (Active)

NTREIS #20423150

$4,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9940 Cole Road

Taxable ValueLand$1,391,691Additions$498,387Total$1,890,078
Tax Record2024$7,706 ($642 / month)
Home Facts
Baths2Total Finished SqFt1,078 SqFtAbove Grade Finished SqFt1,078 SqFtStories1Lot Size794,970 SqFtStyleMobile / Manufactured HomeYear Built1981CountyDENTONAPNR732085

Schools near 9940 Cole Road

This home is within Pilot Point Independent School District.
Rating
School
Type
Grades
Distance
Pilot Point Intermediate School
Public - 1 to 5
Pilot Point Selz Middle School
Public - 6 to 8
Pilot Point High School
Public - 9 to 12
Rating
School
Distance
Pilot Point Intermediate School
Public1 to 5

Pilot Point Selz Middle School
Public6 to 8

Pilot Point High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 9940 Cole Road, Pilot Point, TX 76258

9940 Cole Road is a 27.09 ac of land for sale in Pilot Point, TX 76258. This property was listed for sale on January 16, 2026 by Briggs Freeman Sotheby's Int'l, it's currently listed at $4,945,500. This listing's school district is Pilot Point Independent School District. Nearby schools include Pilot Point Intermediate School, Pilot Point Selz Middle School and Pilot Point High School. 9940 Cole Road is a 2-bed, 2-bath, 2,578 sqft 27.09 ac of land built in 1981 on a 1,180,040 sq. ft. / 27.09 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Briggs Freeman Sotheby's Int'l, Connor Hunt; Briggs Freeman Sotheby's Int'l, David Burgher

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/16/2026 04:10 PM