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$799,000

691 Bear Road, Van Alstyne, TX 75495

4 bd 5 ba 4,099 sq ft House · Built 1989

Price / sq ft$195
Lot3.50 acres
Built1989
Stories2
HeatingElectric,HeatPump
CoolingElectric,HeatPump
SchoolsVan Alstyne ISD
ElementaryBob and Lola Sanford
SubdivisionDavid C Wilson A-G1331
MLS #21142262

About this home

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.

Features

  • Inside: HighSpeedInternet,OpenFloorplan,Pantry,CableTv
  • Outside: Balcony,Deck,PrivateYard,RainGutters
  • Appliances: Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator
  • Parking: Aggregate,CircularDriveway,Driveway
  • Laundry: WasherHookup,DryerHookup,ElectricDryerHookup,LaundryInUtilityRoom

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.