Private Equestrian Estate. A rare opportunity to own a turnkey
equestrian estate in the heart of North Texas horse country. Set on
19± pristine, ag-exempt acres, this thoughtfully designed property
blends refined living with exceptional equestrian
amenities-creating a private retreat equally suited for lifestyle
or performance. This reimagined custom home offers 5 bedrooms, 4
full baths, and 2 half baths, including a detached guest suite.
Timeless finishes-quartzite, marble, and natural stone-pair with a
chef's kitchen featuring premium appliances. Recent updates include
fresh interior paint (2026), new exterior doors (March 2026), and
updated roof and HVAC. A resort-style pool and spa and outdoor fire
pit complete the setting. Equestrian improvements include a custom
barn (2018) with 6 stalls, automatic waterers, tack and feed rooms,
wash bay, office or lounge, and a one-bedroom loft apartment. Room
for additional stalls in large storage barn and a 3,000± sq ft
insulated shop with 3-phase power and living potential. Outdoor
features include a riding arena, covered round pen, fenced and
cross-fenced pastures with loafing sheds, a pond, and private well.
Separate entrances for the home, barn, and shop enhance function
and privacy. An additional 22± acres across the road is also
available, offering expansion potential for a larger estate or
training facility.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Built-in Features, Chandelier, Double Vanity, Dry Bar, Eat-in Kitchen, High Speed Internet, Kitchen Island, Natural Woodwork, Open Floorplan, Other, Vaulted Ceiling(s), Walk-In Closet(s), Built-in Wine Cooler, Decorative Lighting, Flat Screen Wiring, In-Law Suite Floorplan
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Water Purifier, Plumbed For Gas in Kitchen
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