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Equestrian Property with Covered Arena
For Sale
$5,900,000

10531 Cole Road, Pilot Point, TX 76258

Pilot Point, TX

Property Size4,118 SF
Lot Size23.00 Acres
Price / SF$1,432
Days on Market39

Property Features for 10531 Cole Road

General Information

Property type Residential
Property subtype Farm
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4
Subdivision Chambers
Elementary school Pilot Point
Middle school Pilot Point
High school Pilot Point
Standard status Active
Size 4,118 SF
Lot size 23.00 Acres

Building Details

Year built 2012
Listing Agency: Engel & Volkers Frisco · Engel & Völkers
Listed By: Gaye Barrett · License #0766349
Added: Jul 15 Changed: Aug 20 Last Checked: Aug 22 at 9:06AM
MLS# 21320817

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This gated equestrian property spans 23 acres and includes two barns with 18 stalls, including 14 stalls with runs. A multifunctional equestrian building features a 100-by-225-foot covered arena with GGT footing, an Ebb & Flow watering system, two large fans, and a climate-controlled tack room. Additional amenities include lockers, tack-cleaning and laundry areas, showers, storage, a lounge with viewing area, full kitchen, Pilates studio or gym, upper-level apartment, and multi-zone sound.

The property also includes an outdoor arena, round pen, paddocks with sheds, and a five-bedroom, four-bath residence with a swimming pool, hot tub, patio fireplace, and wet bar. A separate duplex has its own entrance, while the garage includes an EV charging station. The property was built in 2012 and is located in Pilot Point, Texas, near Lake Ray Roberts and Lake Texoma.

Key Highlights

  • 23‑acre gated equestrian property with two barns and 18 stalls
  • 14 stalls include runs; additional paddocks have sheds
  • 100‑by‑225‑foot covered arena with GGT footing

Property Analytics

Current Use

North Haven Equestrian Animal Training

Suggested Use

Top Pick Building Supply Auto Repair Shop Storage Facility Kitchen & Bath Showroom Big Box & Wholesale Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 76258, TX

7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Gated horse facility with barns, arenas, paddocks, a residence, and a separate duplex on a wooded acreage setting.
Where is this horse & equestrian property located?
The property is located at 10531 Cole Road Pilot Point, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 23‑acre gated equestrian property with two barns and 18 stalls; 14 stalls include runs; additional paddocks have sheds; 100‑by‑225‑foot covered arena with GGT footing
More about this property
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