Vanguard Real Estate Advisors Represents Seller In 55.5 Acre Investment Tract Sale In Pilot Point
1917 N Hwy 377
Building Size
—
Asset Type
Development Site
Closing
Aug 26, 2025
AI
A 55.5+/- acre investment tract located at 1917 North Highway 377 in Pilot Point, Texas, has successfully closed its sale. The property is categorized as an investment tract and is situated within the Pilot Point market.
Summary of transaction details:
- Property Type: Investment Tract
- Transaction Amount: Not specified
- Address: 1917 North Hwy 377
- Market: Pilot Point
- Seller's Representative: Jordan Cortez & Reid Pierce - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors represented the Seller during this transaction and also procured the Buyer. For further inquiries regarding this transaction, Jordan Cortez or Reid Pierce may be contacted directly.
Players
Pilot Point Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93