Listing provided courtesy of Sun Star RealtyMLS# 21303695MLS ProviderContact Information: Sesha Gorantla - 862-485-3949
  • 13 days on site
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Investment Opportunity – Tenant Occupied on 5.04 Acres in the High-Growth FM 1385 Corridor. This property is being offered as an investment purchase only and is currently tenant occupied with monthly rental income of $3,850. The buyer must assume the existing lease, which has approximately 2 years remaining. Situated on 5.04 acres, this stunning two-story home offers immediate cash flow along with exceptional long-term appreciation potential in one of North Texas' fastest-growing corridors. The home features vaulted ceilings, an open-concept floor plan, abundant natural light, 4 bedrooms, 2 bathrooms, a spacious game room or second living area, media room, workout room, additional office or flex space, and a grand primary suite with a large walk-in closet and direct access to the backyard terrace. A covered back porch provides the perfect setting for outdoor entertaining while enjoying expansive acreage views. Investment Highlights. ±5.04 acres with direct frontage along the rapidly expanding FM 1385 corridor Current rental income of $3,850 per month Existing tenant and lease in place for immediate cash flow Professional property management currently in place Strong holding income while benefiting from future growth and development Located in the path of major residential and commercial expansion. Area Growth & Development TxDOT-funded FM 1385 expansion underway, widening from 2 lanes to a 4-lane divided roadway with future 6-lane capacity Approximately 1–2 miles from H-E-B's planned 95-acre development at FM 1385 & Mustang Road Near the Dallas North Tollway Extension (Phase 4A currently under construction with expected completion in Fall 2027) Positioned within the rapidly growing Pilot Point Celina growth corridor. This property offers a rare combination of immediate rental income, acreage ownership, and long-term development potential in one of the most active growth corridors in North Texas.

Source: North Texas MLS, MLS#: 21303695

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  • Property Type
    Residential
  • Lot
    5.04 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 10720 FM 1385


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: North Texas MLS Added to Database
June 16, 2026