12900 Fm 121, Van Alstyne, TX 75495
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12900 Fm 121, Van Alstyne, TX 75495
12900 Fm 121, Van Alstyne, TX 75495
12900 Fm 121, Van Alstyne, TX 75495
12900 Fm 121, Van Alstyne, TX 75495
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OnDemand Realty Commercial

OnDemand Realty Commercial

+1(214) 766-5833
$ 1,599,900
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12900 Fm 121 Van Alstyne, TX 75495

8,454 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,454 sqft

Price per Sqft $189

Subdivision Simco Estates

MLS Listing ID 21316650

HOA Y/N No

Year Built 2000

Annual Tax Amount $37,548

Lot Size 3.090 Acres

Acres 3.09

Property Sub-Type Business

Property Description

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.

Location

State TX

County Grayson

Zoning none

Direction Navigate to FM-121, Van Alstyne, TX 75 N on 75 to Van Alstyne, TX 75495. From HWY-75 head West on FM-121, 12900 Hwy 121, Van Alstyne, TX 75495 is almost 2 miles west on left side of the road, home is on South side of 121. Pull in the drive and park in the circular driveway. Blue Ibox on front door.

Interior

Heating Central, Electric, Fireplace(s)

Cooling Central Air, Ceiling Fan(s), Electric, Multi Units

Flooring Carpet, Ceramic Tile

Inclusions Other

Fireplace Yes

Exterior

Parking Features Asphalt, Circular Driveway, Covered, Direct Access, Door-Single, Driveway, Garage, Garage Door Opener, Guest, Inside Entrance, Kitchen Level, Lighted, On Site, Oversized, Garage Faces Rear, Side By Side, Tandem

Utilities Available Electricity Available, Propane, Septic Available, Water Available

Waterfront Description Lake Front

View Y/N Yes

Water Access Desc Community/Coop

View Water

Roof Type Composition,Shingle

Street Surface Gravel

Garage Yes

Private Pool No

Building

Lot Description Acreage, Back Yard, Interior Lot, Lawn, Pond on Lot, Many Trees, Sprinkler System

Story 3

Foundation Slab

Sewer Aerobic Septic

Water Community/Coop

Others

Tax ID 135555

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21316650


OnDemand Realty Commercial

OnDemand Realty Commercial

License ID: 0674395

+1(214) 766-5833

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12900 Fm 121