691 Bear Road, Van Alstyne, TX 75495
691 Bear Road, Van Alstyne, TX 75495
691 Bear Road, Van Alstyne, TX 75495
40
See all 40 photos
$799,000
Est. payment /mo
4,099 SqFt
Active

691 Bear Road Van Alstyne, TX 75495

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,099 sqft

Subdivision David C Wilson A-G1331

MLS Listing ID 21142983

Total Fin. Sqft 4099

Year Built 1989

Annual Tax Amount $11,457

Lot Size 3.500 Acres

Acres 3.5

Property Sub-Type Business

Property Description

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.

Location

State TX

County Grayson

Zoning In the County. Currently not zoned.

Direction Use GPS

Interior

Heating Electric, Heat Pump

Cooling Electric, Heat Pump

Flooring Luxury Vinyl Plank

Heat Source Electric, Heat Pump

Exterior

Utilities Available Asphalt, City Water, Septic

Waterfront Description Creek

Roof Type Composition

Garage No

Building

Lot Description Acreage, Landscaped, Lrg. Backyard Grass, Many Trees, Waterfront

Foundation Pillar/Post/Pier

Structure Type Wood,Other

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21142983


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Aidan Flores • Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

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Farren Perera

Farren Perera

Realtor/ Real Estate Consultant | License ID: 777336

+1(817) 881-1033

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691 Bear Road