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Home/Texas homes/691 Bear Road
MLS 21142983VIRTUAL TOUR

$799,000

691 Bear Road · Van Alstyne, TX, 75495

Living area
4,099 sqft
Lot
3.5 acres
Year built
1989
Type
Business

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.

Details

BusinessBuilt 19893.5 acres lotDavid C Wilson A-G1331ActiveMLS 21142983
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Listing courtesy of Coldwell Banker Realty. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.