691 Bear Rd, Van Alstyne, TX 75495

$799,000
4,099
SqFt

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List Price
$799,000
Price Change
▲ $100,000 1784333338
MLS#
21142983
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1989
Construction Status
Preowned
Acres
3.50
Living Area
4,099
County
Grayson
City
Van Alstyne
Subdivision
David C Wilson A-G1331

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.

Additional Information

Unexempt Taxes
$11,457
Tenant Pays
None
Lot Size
152,460
Acres
3.50
Lot Description
Back Yard, Lawn, Landscaped, Trees, Waterfront
Flooring
Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition
Building Stories
2
Parking Garage
Aggregate, Circular Driveway
Possession
Negotiable
Proposed Use
Office, Other, Place Of Worship
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Aidan Flores from Coldwell Banker Realty. Contact: 972-771-9001