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About This Home

This 0-bedroom, 0-bathroom commercial at 691 Bear Road in Van Alstyne, TX is listed for $789,000. Built in 1989, on a 3.50 acres lot.

Agent Description

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.

Key Features

  • Built in 1989
  • 3.50 acre lot
  • Waterfront

Property Details

1989

Amenities

Waterfront

Monthly Cost Estimate

$4,220/mo

20% down · 6.5% · 30 years

Principal$571
Interest$3,419
Insurance$230

Estimates only. Actual payments may vary.

Location

691 Bear Road

Van Alstyne, TX 75495

David C Wilson A-G1331

Property Details

Flooring

Vinyl

Parking

Driveway

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

ElectricHeat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 691 Bear Road is listed at $789,000. The estimated monthly payment is $3,419 based on 20% down at 6.5% interest.

Key features include: Built in 1989, 3.50 acre lot, Waterfront.

This property is listed by Aidan Flores and can be reached at 2148284300 or aidan.flores@cbdfw.com.

AF

Aidan Flores

Agent at Coldwell Banker Realty

(214) 828-4300

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 21142983· Source: listhub· Updated today

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691 Bear Road, Van Alstyne, TX 75495

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