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$450,000
4078 FM121
Van Alstyne, TX 75495 · MLS #21315116
4Beds
3Baths
2,396Sq Ft
1975Year Built
1.33 acLot Size
1Garage Spaces
NoHOA
—Annual Taxes
Single Family ResidenceProperty Type
Jones EliSubdivision
GraysonCounty
1.00Stories
1Fireplaces
NonePool

About This Home

Welcome to a rare opportunity in the heart of Van Alstyne, where space, flexibility, and stunning views come together on 1.3 acres of gently elevated land. This exceptional multi-generational property delivers the best of both worlds: a sprawling main residence and a fully updated guest suite, all tucked on a hilltop setting with views that will stop you in your tracks. The main home offers 4 bedrooms, 3 bathrooms, and generously sized rooms throughout, built for real living, not just looking. A sun-drenched sunroom extends your living space and frames the sweeping landscape views perfectly, making it a favorite spot morning, noon, and night. The updated 1 bed and 1 bath guest suite is the true crown jewel of this property's versatility. Fully self-contained with its own living space, full kitchen, laundry room, and private covered porch, this is not a bonus room. It is a complete, functional home unto itself. Whether you are housing aging parents, welcoming adult children, or hosting extended family, this private retreat offers independence without distance. This space also presents serious income potential as a short-term rental. Van Alstyne's explosive growth and proximity to major corridors makes it a compelling opportunity for the buyer looking to offset their mortgage or build passive income from day one. With a full kitchen, laundry room, and its own entrance, guests have everything they need for a comfortable, self-sufficient stay. A barn on the property adds even more functionality, perfect for storage, livestock, a workshop, or hobby farm use. Sitting elevated above it all, this home commands exceptional panoramic views. Additional acreage adjoining the property is also available for sale, offering even more room to expand, build, or simply enjoy added privacy. Van Alstyne ISD. Schedule your private showing today.
What Stands Out
✓ Fireplace✓ Walk-in closet

Interior Features

HeatingCentral, Fireplaces
CoolingCentral Air, Ceiling Fans, Electric
FlooringCarpet, Laminate
FireplaceLiving Room, Wood Burning
Interior FeaturesCable TV, Walk In Closets

Kitchen, Appliances & Utilities

AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
UtilitiesSeptic Available, Cable Available

Exterior & Lot

Lot FeaturesAcreage, Many Trees
ExteriorOther
ConstructionAluminum Siding
FoundationSlab
RoofComposition
ParkingCarport, Detached Carport, Garage, Guest, Oversized
PoolNone

Rooms & Dimensions

Room dimensions are not available for this listing.

Schools

ElementaryJohn and Nelda Partin
Middle / JuniorVan Alstyne
High SchoolVan Alstyne
DistrictVan Alstyne ISD
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Listing courtesy of LIV Realty, LLC · Listing agent: Melissa Henley · MLS #21315116 · Last updated 2026-08-26 18:25:00.700000
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