691 Bear Rd - Specialty FOR SALE


Van Alstyne, TX 75495
$799,000 USD
214-679-1477
691 Bear Rd, Van Alstyne, TX for Sale
$799,000 USD
Specialty - FOR SALE
1/40
null | Request Cap Rate

691 Bear Rd
Van Alstyne, TX 75495


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.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

F1

APN/PARCEL ID

133800

ASK ABOUT THIS PROPERTY

Aidan FloresColdwell Banker Global LuxuryMore Info
214-679-1477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Aidan FloresColdwell Banker Global LuxuryMore Info
214-679-1477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.