Pilot Point is located northeast of Denton on US 377 near Lewisville Lake in Denton County.
By the 1950s Pilot Point had 1,156 residents and sixty-five businesses, including two lingerie manufacturers and a manufacturer of church and school furniture. It had a population of 2,538 in 1990, with three banks and ten manufacturers, including cabinet and counter manufacturers, irrigation equipment makers, equestrian supply, and clothing manufacturers.