171 Bowen Lane Active

Van Alstyne,TX 75495

$ 1690000

- Bed

- Bath

- SqFt


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

Welcome to this cash-flowing turnkey estate with two custom homes. This ag-exempt 18.5-acre complex has breathtaking views from its hilltop perch. Both the main house & the 3-bed guest house feature expansive porches for serene relaxation. This property is being operated as a lucrative AirBnB and would be a great investment property or primary residence. NO DEED RESTRICTIONS! 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.
**NOTE: This property is being sold with an offer deadline of November 21st at 5:00pm with a starting negotiation price of $1,690,000. Full information and disclosure package is available upon texting the listing agent and completing the Showing Confirmation request.

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

Parking Type Additional Parking,Attached Carport,Circular Driveway,Driveway,RV Access/Parking

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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