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691 Bear Rd, Van Alstyne, TX, 75495

2beds
3baths
2,579sqft
$799,000
$310price/sqft
$5,577/moest. monthly cost
$223,080/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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Ice Storm
Tornado
Inland Flooding
Lightning
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$436$5,232
Property Taxes $818$9,816
Electricity $283$3,398
Total$5,577$66,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,211/yr
40% on housing$167,310/yr
45% on housing$148,720/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.0%
4.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 75495$205
Grayson County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 75495$180
Grayson County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$789,000
2026-01-02Listed for sale$799,000
2025-07-07Sold--
2025-06-15Pending sale$375,000
2025-06-05Contingent$375,000
2025-05-26Price change$375,000
2025-04-12Price change$395,000
2025-03-19Price change$425,000
2025-02-04Price change$459,000
2025-01-02Listed for sale$479,000

For Sale by Agent

AgentAidan Flores
BrokerageColdwell Banker Realty

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