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$799,000
691 Bear Road
Van Alstyne, TX 75495 · MLS #21142262
4Beds
5Baths
4,099Sq Ft
1989Year Built
3.50 acLot Size
—Garage Spaces
NoHOA
—Annual Taxes
Single Family ResidenceProperty Type
David C Wilson A-G1331Subdivision
GraysonCounty
2.00Stories
1Fireplaces
NonePool
About This Home
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.
What Stands Out
✓ Fireplace
Interior Features
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
FlooringLuxury Vinyl Plank
FireplaceFamily Room, Wood Burning Stove
Interior FeaturesHigh Speed Internet, Open Floorplan, Pantry, Cable TV
Kitchen, Appliances & Utilities
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
LaundryWasher Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room
UtilitiesSeptic Available, Water Available, Cable Available
Exterior & Lot
Lot FeaturesAcreage, Back Yard, Irregular Lot, Lawn, Landscaped
ExteriorBalcony, Deck, Private Yard, Rain Gutters
ConstructionFrame, Wood Siding
FoundationPillar Post Pier
RoofComposition
ParkingAggregate, Circular Driveway, Driveway
PoolNone
Rooms & Dimensions
Bedroom
Dining Room
Great Room
Guest Quarters
Kitchen
Living Room
Utility Room
Workshop
Living Room
Loft
Primary Bedroom
Schools
ElementaryBob and Lola Sanford
Middle / JuniorVan Alstyne
High SchoolVan Alstyne
DistrictVan Alstyne ISD
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Listing courtesy of Coldwell Banker Realty · Listing agent: Aidan Flores · MLS #21142262 · Last updated 2026-08-21 19:21:30.863000
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