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$250,000

209 N Hill Street, Pilot Point, TX, 76258

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11,413 sqft

Land Information

APNR692926
Lot Number1R
SubdivisionHitchcock Addn
Land UseCommercial
Legal DescriptionHITCHCOCK ADDN BLK 1 LOT 1R
Census Tract020118
Assessed Land Value$77,036
Assessment Year2025

About this property

Half Acre Corner lot in Downtown Pilot Point zoned C2 General Commercial District. Appx 140 Ft Frontage x 170. Great Investment or build. Residential duplex or Fourplex could be an option favorable to rezone per conversation with City Planner Darrell Gentry. Utilities on site. Highest and best use will be for commercial. Two lots must be sold together. C2 Designated Land Uses include but not limited to - Nursing homes, Rooming-Boarding house and bed and breakfast, Public and private schools, Churches, parish houses, Hospitals, Mortuaries, Private clubs that sell alcoholic beverages, medical, dental, travel agencies, antique shops, florist shops, furniture store, appliances, taxidermists, cabinet shop, motel, nurseries, veterinarian-kennels, auto shop, beauty shop, daycare center, catering, bakery, mini warehouses, warehouses and more.  Single Family, duplexes and Four-Plex will be favorably considered with zoning change. Only 18.4 Miles to PGA Golf Course in Frisco, minutes to Lake Ray Roberts. For Single family homes constructed within MF1, MF2, C1 and C2 zoning districts, must meet the same front, back, and side yard requirements as SF2. All zoning to be verified with the city of Pilot Point.  Chapter 14.02 Zoning ordinances available on request, also on city of Pilot Point web site. SPECIAL LOW INTEREST RATES JUST LOWERED to 5.5% on our OTC loan program!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Keith Smith

Keith W Smith

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,332
$77,036
2025
$77,036
N/A
$77,036
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,332
$77,036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pilot Point

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209 N Hill Street | Property Details | No Agent List