691 Bear Rd

Van Alstyne, TX 75495
  • $789,000

    Price
  • 2

    Bed
  • 2.5

    Bath
  • 2,579

    SqFt

About the Listing CBRB65 - 0495746

Rare 3.5-Acre Multi-Structure 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. Add a bathroom to unlock an estimated additional $2,000 per mo. in potential STR income. 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.

Listing Highlights

Status Active
Days on Site 134
Property Type Residential
MLS ® 21142262
Year Built 1989
Total Square Footage 2,579
Lot/Acreage 3.5
County Grayson
School District Van Alstyne ISD
Elementary School Bob and Lola Sanford
High School Van Alstyne

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full / 1 Half
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Air Cond: Electric,Heat Pump
  • Heating: Electric,Heat Pump
  • Fireplaces: 1, Family Room,Wood Burning Stove
  • Floor: Luxury Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Cable TV Available,High Speed Internet Available,Open Floorplan,Pantry,ADU
  • Water:

Exterior Details

  • Lot Description: Acreage,Irregular Lot,Landscaped,Lrg. Backyard Grass,3 to < 5 Acres,Creek
  • Garage Capacity: N/A
  • Roof: Composition
  • Others: Balcony,Covered Deck,Covered Patio/Porch,Rain Gutters,Private Yard,Preowned
  • Sewer:
  • Parking Features: Aggregate,Circular Driveway,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 133800
  • Tax Year: N/A

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691 Bear Rd Van Alstyne, TX 75495

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