691 BEAR ROAD, VAN ALSTYNE, TX 75495

Homes for sale in Van Alstyne.

Homes for sale in 75495.


Active

List Price$799,000

691 Bear Road

Van Alstyne, TX 75495

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Listing #21142983

4,099

Square Feet

3

Number of Units

Commercial

Type

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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