171 Bowen Lane, Van Alstyne, TX 75495 - MLS#20574785

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Daniel Roundtree

daniel.roundtree@c21bowman.com +1(972) 698-5900

$1,690,000

Est. payment - /mo

18.54 Acres Lot

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UPDATED:

11/21/2024 03:40 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20574785

Total Fin. Sqft 4907

Year Built 2005

Annual Tax Amount $13,724

Lot Size 18.540 Acres

Acres 18.54

Property Description

Don’t miss this extraordinary opportunity to own an 18.5-acre ag-exempt estate that combines luxury, versatility, and income-generating potential. Perched on a stunning hilltop with panoramic views, this turnkey property includes two updated homes—a spacious main house and a 3-bedroom guest house—each with expansive porches that invite relaxation and connection with nature. A beautifully converted barn serves as a wedding and event venue, complete with a fully equipped kitchen, two brand-new bathrooms, and a pickleball court, making it an ideal setting for celebrations and gatherings. This estate is currently operating as a profitable Airbnb and event venue, making it an excellent investment or a dream primary residence with passive income potential. With no deed restrictions, new updates including a roof and fresh paint, high-speed fiber optic internet for seamless connectivity, RV hookups with 50-amp power and a dump station, and endless possibilities for customization, this property is a rare gem that epitomizes the best of Texas living. Offered at a starting negotiation price of $1,690,000. Contact the listing agent today to request the full disclosure package and schedule your private tour of this once-in-a-lifetime property!

Location

State TX

County Grayson

Zoning No deed or zoning restrictions and owner has opted out of the ETJ, so the property can be used for absolutely anything.

Direction From DT Van Alstyne: E on 121, N on Hynds Ranch Rd, E on Bowen Ln, home on L behind the gate with the horse emblem on the fence

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Concrete, Luxury Vinyl Plank

Heat Source Central

Exterior

Utilities Available Aerobic Septic, City Water, Electricity Connected, Propane

Roof Type Composition,Metal

Garage No

Building

Lot Description Acreage, Agricultural, Many Trees

Foundation Pillar/Post/Pier, Slab

Structure Type Aluminum Siding,Vinyl Siding

Others

Ownership Barbara Ballard Cumbess

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Rachel Grunn • Reflect Real Estate

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Daniel Roundtree

+1(972) 698-5900

Agent | License ID: 0773164

Agent License ID: 0773164