12900 Fm 121, Van Alstyne, TX 75495
sale
$1,599,900
|
Other
Courtesy Of Property Rights Advocacy Group, Listed By Jenna Harris
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.
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Property Features
- Age: 21-30 Years Old
- Amenities: Ceiling Fan
- Amenities: Water Front
- Building Units: 1
- Cooling System: Multi Units
- Cooling System: Ceiling Fan(s)
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: MetalSiding
- Fireplace: Fireplace
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 3
- Heating System: Electric (Heating)
- Heating System: Central
- Heating System: Fireplace(s)
- Legal Description: SIMCO ESTATES, LOT 1, ACRES 3.09
- MLSID: 21316650
- Roof Type: Composition
- Roof Type: Shingle
- View Type: Water
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