Property Details:
- County or Parish
- Grayson
- Lot Size
- 3 to < 5 Acres
- Lot Size (Acres)
- 3.5000
- Lot Size Area
- 3.5000
- Lot Size (Square Feet)
- 152460.0000
- Association Type
- None
- Restrictions
- Deed
School Information:
- School District
- Van Alstyne ISD
- Elementary School
- Bob and Lola Sanford
- Junior High School
- Van Alstyne
- High School
- Van Alstyne
Interior Information:
- Appliances
- Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator
- Heating
- Electric,Heat Pump
- Cooling
- Electric,Heat Pump
- Fireplaces Total
- 1
- Fireplace Features
- Family Room,Wood Burning Stove
- Flooring
- Luxury Vinyl Plank
- Interior Features
- Cable TV Available,High Speed Internet Available,Open Floorplan,Pantry
Exterior Information:
- Architectural Style
- A-Frame,Geo/Dome
- Lot Features
- Acreage,Irregular Lot,Landscaped,Lrg. Backyard Grass
- Lot Size
- 3 to < 5 Acres
- Acres
- 3.5000
- Patio and Porch Features
- Deck,Rear Porch,See Remarks
- Pool
- No
- Waterfront
- No
- Waterfront Features
- Creek
- Exterior Features
- Balcony,Covered Deck,Covered Patio/Porch,Rain Gutters,Private Yard
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21142262
691 Bear Road
Van Alstyne, Texas
$799,000
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Type: Residential
Beds: 4 Baths: 5.00 Living: 3 Dining: 2
SqFt: 4,099 Year Built: 1989
Remarks: 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.
Active
Listed by: Aidan Flores
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321