691 Bear Rd, Van Alstyne, TX 75495

Beds
4
Baths
5
Sqft
4,099

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Listed byColdwell Banker Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
4
Number of bathrooms
5
Square feet
4,099
Lot size (acres)
3.50
Year built
1989

Interior features

Fireplaces
1
Laundry
Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior features

Waterfront
Creek

Utilities

Heating
Electric, Heat Pump
Cooling
Heat Pump, Electric

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21142262 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.