Price Reduction - Views
Address
171 Bowen Lane, Van Alstyne, TX
Price
$ 2,390,000
Property Attributes
- MLS#20574785
- TypeCommercial
- CountyGRAYSON
- CityVan Alstyne
- Zip75495
- StyleBusiness
- Year Built2005
- Taxes$ 13724
- Price$ 2,390,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size18.54 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Welcome to this cash-flowing turnkey estate with two custom homes. This sprawling 18.5-acre complex presents breathtaking views from its hilltop perch. Both the updated main house & the 3-bedroom guest house feature expansive porches for serene relaxation. This property is being operated as a lucrative AirBnB and would be a great investment property. NO DEED RESTRICTIONS! Horse enthusiasts will love the automatic water feeder, 4 pastures, horse stalls,& stadium-lit arena. The converted barn is a perfect wedding and event venue and includes a kitchen, 2 brand new bathrooms, & a pickleball court. Updates include fresh paint, new carpets, new roof, new gutters, & more. RV hookups with 50 amp power & a dump station. High-speed fiber optic cable ensures connectivity to the world beyond your ranch retreat. Whether you're an avid rancher, an investor looking for passive income, or seek a private escape, this property epitomizes the best of Texas living. Motivated Seller!
| Price History | |
|---|---|
| 3/31/2024 | Listed $2,440,000 |
| 4/28/2024 | 3% - $2,390,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | Aerobic Septic,City Water,Electricity Connected,Propane |
| Ceiling Height | 8 to10 Feet,More than 20 Feet |
| Possession | Closing/Funding,Negotiable |
| Roof | Composition,Metal |
| Year Built | 2005 |
| Tenant Pays | None |
| Business Type | Bed & Breakfast,Other |
| Unexempt Taxes | 13724 |
| Building Use | Other |
| Owner Pays | All Utilities |
| Will Subdivide | Yes |
| Gross Annual Expenses | 12000.00 |
| Property SubType | Business |
| Subdivision Name | NA |
| Zoning Description | No deed or zoning restrictions and owner has opted out of the ETJ,so the property can be used for absolutely anything. |
| County | Grayson |
| Operating Expense Includes | Insurance,Maintenance,Professional Management,Supplies,Trash,Utilities,Water/Sewer |
| Property Type | Commercial Sale |
| Security Features | Smoke Detector(s) |
| Construction Materials | Aluminum Siding,Vinyl Siding |
| Year Built Details | Preowned |
| Special Notes | Aerial Photo,Survey Available |
| Status | Active |
| Directions | 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 |
| City | Van Alstyne |
| Buyer Agent Compensation | 3 |
| Street Name | Bowen |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20574785 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Concrete,Luxury Vinyl Plank |
|---|---|
| Total Stories | 1 |
| Total Units | 2 |
| SQFT Gross | 4907 |
| Lock Box Type | Combo |
| Street Suffix | Lane |
Exterior Features
| Lot Features | Acreage,Agricultural,Many Trees |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | Additional Parking,Attached Carport,Circular Driveway,Driveway,RV Access/Parking |
| Lot Size | 10 to < 50 Acres |
| Foundation | Pillar/Post/Pier,Slab |
| Lot Size Area | 18.5400 |
| Lot Size Units | Acres |
| Building Area Total | 4907.00 |
| Road Frontage Type | Private Road |
| Lot Size Square Feet | 807602.4000 |
| Lot Size Acres | 18.5400 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75495
Price
Taxes
Visits
Year Built
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