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216 & 220 Walcott Street

Pilot Point, TX 76258

$499,000

2 units · 2005

Units2
Building area2,360 sq ft
Year built2005
Gross income$38,400/yr
Cap rate6.11% as listed
Parking6 spaces
Lot size0.229 acres
TypeDuplex

What it costs to own

Taxes$4,548 per year
HOANone listed
Operating expenses$7,901 per year — as listed
Insurance$3,354 per year — as listed
Net operating income$30,499 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Brick Duplex in the Heart of Pilot Point

This duplex offers everything you're looking for in Pilot Point. Each side features 3 bedrooms and 2 full bathrooms, giving tenants plenty of space to spread out. Both units have their own fenced backyard—great for pets, kids, or just enjoying the outdoors.

You can't beat the location. Walk to downtown Pilot Point's square for coffee, shopping, and local events. Want to hit the lake? Jordan Park on Lake Ray Roberts is just a quick drive away for boating, fishing, and weekend fun.

Whether you're an investor looking for steady rental income, considering living in one side while renting the other, or need space for extended family, this duplex gives you options in a town people love to call home.

The details

HeatingCentral, Natural Gas
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Gas in Kitchen
Interior featuresCable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan

Construction materialsBrick
RoofComposition
FoundationSlab

FencingWrought Iron
Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available, Individual Gas Meter

SubdivisionC Smith

ElementaryPilot Point
Middle schoolPilot Point
High schoolPilot Point
DistrictPilot Point ISD

Gross income$38,400 per year
Operating expenses$7,901 per year
Insurance$3,354 per year
Cap rate6.11% — as listed
Net operating income$30,499 per year

MLS #21220820
Source
Price changeReduced by $25,900 · Mar 31, 2026
On the market239 days
CountyDenton

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 0.6 mi
Nearest parkPilot Point City Park · 0.2 mi

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Listing courtesy of IRICK REAL ESTATE — CHANCE KIRBY.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21220820. Information last updated September 28, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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