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691 Bear Rd, Van Alstyne, TX, 75495

2beds
3baths
2,579sqft
$789,000
$306price/sqft
$5,510/moest. monthly cost
$220,400/yrincome needed

About This Home

Rare 3.5-Acre Multi-Structure 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. Add a bathroom to unlock an estimated additional $2,000 per mo. in potential STR income. 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.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

10/10
9/10
Van Alstyne High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame,Dome,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 15 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 20 x 11

Features

  • High Speed Internet,Open Floorplan,Pantry,Cable TV
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning Stove
  • Fireplace: Yes

Great Room

  • Level: First
  • Dimensions: 19 x 19

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total interior livable area: 2,579 sqft

Kitchen

  • Features: Built-in Features,Pantry,Stone Counters,Solid Surface Counters
  • Level: First
  • Dimensions: 19 x 12

Living Room

  • Level: First
  • Dimensions: 24 x 23

Living Room

  • Level: Second
  • Dimensions: 14 x 13

Loft

  • Level: Second
  • Dimensions: 10 x 8

Master Bedroom

  • Features: Dual Sinks,En Suite Bathroom,Sitting Area in Primary,Separate Shower,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 21 x 17

Other

  • Level: First
  • Dimensions: 19 x 19

Utility Room

  • Features: Utility Room
  • Level: First
  • Dimensions: 5 x 5

Workshop

  • Level: First
  • Dimensions: 31 x 31

Property

Details

  • Parcel number: 133800

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Rear Porch,See Remarks,Balcony,Covered,Deck
  • Exterior features: Balcony,Deck,Private Yard,Rain Gutters
  • Waterfront features: Creek

Lot

  • Lot size: 3.50 Acres
  • Features: Acreage,Back Yard,Irregular Lot,Lawn,Landscaped

Parking

  • Parking features: Aggregate,Circular Driveway,Driveway
  • Has uncovered spaces: Yes