12900 Fm 121, Van Alstyne, TX 75495
- $1,599,900
- List Price
- $1,599,900
- MLS#
- 21316650
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 2000
- Construction Status
- Preowned
- Acres
- 3.09
- County
- Grayson
- City
- Van Alstyne
- Subdivision
- Simco Estates
Property Description
Rare event-venue and income estate on 3.9 unrestricted acres in fast-growing Van Alstyne, along the US-75 Silicon Prairie corridor. The property has operated as a wedding and event venue with short-term-rental stays and offers multiple revenue streams under one roof. The ~6,000 SF main home features 6 beds, 3.5 baths, dual primary suites, a chef's kitchen, and a game room with wet bar. An ~1,800 SF barndo-style event venue includes a kitchen, bathrooms, and an outdoor kitchen, with a separate get-ready tiny house for wedding parties. A pool house with 1 bedroom, full kitchen, bath, and 1-car garage is currently leased month-to-month, providing in-place income. Resort-style grounds include a gunite pool, hot tub, gazebo, and a private bass-stocked pond. Recent capital improvements include a 2023 piered foundation with warranty, a ~2.5-year-old roof, and newer HVAC. No HOA and A-rated Van Alstyne ISD schools. Ideal for an event-venue operator, short-term-rental investor, family compound, hobby farm, corporate retreat, or 1031 exchange.
Additional Information
- Unexempt Taxes
- $37,548
- Tenant Pays
- Other
- Lot Size
- 134,600
- Lot Description
- Back Yard, Irregular Lot, Lawn, Pond(s), Trees, Sprinkler System-Yard
- Flooring
- Carpet, Tile
- Foundation
- Slab
- Roof
- Composition, Shingle
- Building Stories
- 3
- Parking Garage
- Asphalt, Circular Driveway, Covered, Direct Access, Garage - Single Door, Driveway, Garage, Garage Door Opener, Guest, Inside Entrance, Kitchen Level, Lighted, On Site, Oversized, Garage Faces Rear, Side By Side, Tandem
- Proposed Use
- Other
- Inclusions
- Business, Inventory, Land & Improvements, Other
- Possession
- CloseOfEscrow
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Listing courtesy of Jenna Harris from Property Rights Advocacy Group. Contact:
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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