691 BEAR ROAD, VAN ALSTYNE, TX 75495
Homes for sale in Van Alstyne.
Homes for sale in 75495.
List Price$799,000
691 Bear Road
Van Alstyne, TX 75495
Listing #21142983
About This Property
Rare 3.5-Acre Multi-Structure 4,099 square foot Estate on 2 LOTS with $4000+ Monthly Revenue Potential. Discover an unmatched income-generating retreat or multi-generational compound across two distinct lots. LOT 1 (1.5 Acres): The Architectural Main Residence The centerpiece is a stunning 2,579 sq. ft. A-frame, completely renovated offering Bohemian Grandeur. * Stats: 2 Bed, 2.5 Bath, Recent Roof and siding, Recent AC, & Water Heater. * Features: Massive open-concept living, culinary kitchen with new appliances and an oversized primary suite. The new 800 sq. ft. deck offers tranquil views of the private woods and creek beyond. LOT 2 (2 Acres): The Income Engine Maximize your ROI with two additional structures designed for the high-demand STR (Short Term Rental) market. * The Guest House: A fully functional 800 sq. ft. home (1 Bed, 1 Bath) currently generating $2,000per mo. in Airbnb revenue and featuring a kitchenette, downstairs living, and a private upstairs suite with a signature al fresco soaking tub. * The Dome: A 720 sq. ft. air-conditioned dome style retreat, currently used as a studio with bathroom. With flexible zoning potential and established revenue, this property is a partial turnkey solution for an owner-occupant looking to cover a part of investment with STR income, or an investor seeking a unique portfolio with growth potential.
Property Features
Location Information
County
Grayson
Subdivision
David C Wilson A-G1331
Interior Features
Has Fireplace
No
Floors
Luxury Vinyl Plank
Heating
Electric, Heat Pump
Tenant Pays
None
Cooling
Electric, Heat Pump
Total Number of Units
3
Exterior Features
Construction
Other, Wood Siding
Possible Best Use
Office, Other, Place of Wor
Foundation
Pillar/Post/Pier
Zoning
In the County. Currently not zoned.
Roof
Composition
Building Total Area (Sq. Ft.)
4,099
Utilities
Septic Available, Water Available
Road Description
Asphalt
Security System
Fire Alarm
Waterfront Description
Creek, Waterfront
Parking Description
Aggregate, Circular Driveway
Has Waterfront
Yes
Lot Description
Acreage, Back Yard, Lawn, Landscaped, Many Trees, Waterfront
Is One Story
No
Lot Size in Acres
3.5
Lot Description
Acreage, Back Yard, Lawn, Landscaped, Many Trees, Waterfront, Creek, Waterfront
Lot Size in Sq. Ft.
152,460
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
11457.0
Property SubType
Business
Documents Available
Aerial
Year Built
1989
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$3,730
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,879
Monthly Tax
$665
Monthly Insurance
$186
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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