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691 Bear Rd 2,579 SF Specialty Building Offered at $799,000 in Van Alstyne, TX 75495
Executive Summary
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.
Property Facts
| Price | $799,000 | Lot Size | 3.50 AC |
| Price Per SF | $309.81 | Building Size | 2,579 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1989 |
| Building Class | C | ||
| Zoning | F1 - Commercial Real Property | ||
| Price | $799,000 |
| Price Per SF | $309.81 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 3.50 AC |
| Building Size | 2,579 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Zoning | F1 - Commercial Real Property |
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 133800 | Improvements Assessment | $279,479 |
| Land Assessment | $159,375 | Total Assessment | $438,854 |
Property Taxes
Parcel Number
133800
Land Assessment
$159,375
Improvements Assessment
$279,479
Total Assessment
$438,854
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691 Bear Rd