691 Bear Road Van Alstyne, TX 75495
4,099 SqFt
UPDATED:
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
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
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