691 Bear Rd, Van Alstyne, TX 75495
- $799,000
- 4
- BD
- 5
- BA
- 4,099
- SqFt
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- 21142262
- Price Change
- ▲ $100,000 1784333643
- Bedrooms
- 4
- Bathrooms
- 5
- Living Area
- 4,099
- Lot Size
- 152,460
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.
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Additional Information
- Year Built
- 1989
- Exterior Features
- Balcony, Deck, Private Yard, Rain Gutters
- Interior Features
- High Speed Internet, Open Floor Plan, Pantry, Cable TV
- Roof
- Composition
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
- School District
- Van Alstyne Isd
- Elementary School
- Bob and Lola Sanford
- High School
- Van Alstyne
- Middle School
- Van Alstyne
- Sewer
- Septic Tank
- Stories
- 2
- Street Name
- Bear Rd
- Street Number
- 691
- Water
- Public
- Acres
- 3.50
- County
- Grayson
- Foundation
- Pillar/Post/Pier
- Heating
- Electric, Heat Pump
- Lot Description
- Back Yard, Irregular Lot, Lawn, Landscaped
Mortgage Calculator
Listing courtesy of Aidan Flores from Coldwell Banker Realty. Contact: 972-771-9001
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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