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171 Bowen Lane

Van Alstyne, TX 75495
  • $2,440,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 20574785
$2,440,000
  • 0
    BEDS
  • 18.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
na
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Offered by Rachel Grunn of Reflect Real Estate: 214-449-1822.

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!

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:43:32.373.
www.rhodesteamtexas.com/homes/149057910
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171 Bowen Lane Van Alstyne, TX 75495

  • Price: $2,440,000
  • Status: Active
  • On Site: 18 Days
  • MLS #: 20574785
0
Beds
0
Baths
0
½ Baths
18.54
Acres
2005
Built
Neighborhood:
na
County:
Grayson
Area:
Van Alstyne
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!
Exterior Features

Construction Aluminum SidingVinyl Siding Foundation Pillar/Post/PierSlab Lot Description AcreageAgriculturalMany Trees Lot Size Source Assessor Parking Or Garage Additional ParkingAttached CarportCircular DrivewayDrivewayRV Access/Parking Road Frontage Type Private Road Roof CompositionMetal Waterfront YN No

Interior Features

Ceiling Height 8 to10 FeetMore than 20 Feet Cooling Ceiling Fan(s)Central Air Flooring CarpetConcreteLuxury Vinyl Plank Handicap YN No Heating Central Sq Ft Gross 4907

Property Features

Alarm Or Security Type Smoke Detector(s) Building Area Source Owner Building Area Total 4907.00 Building Use Other Construction Status Preowned Gross Annual Expenses 12000.00 Gross Annual Income 150000.00 List MLSProvider Greater Fort Worth Association Of Realtors Listing Terms 1031 ExchangeCashConventional Multi Zoning Yes Municipal Utility District No Net Operation Income 138000 Operating Expense Includes InsuranceMaintenanceProfessional ManagementSuppliesTrashUtilitiesWater/Sewer Owner Pays All Utilities Possession Closing/FundingNegotiable Property Type Business Special Notes Aerial PhotoSurvey Available Tenant Pays None Transaction Includes Building OnlyBusiness Unexempt Taxes 13724 Utilities Aerobic SepticCity WaterElectricity ConnectedPropane Will Subdivide Yes Zoning No deed or zoning restrictions and owner has opted out of the ETJso the property can be used for absolutely anything.

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:43:32.373.
 
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Berkshire Hathaway HomeServices PenFed Realty Texas
3624 Long Prairie Road, Suite 100
Flower Mound TX, 75022
Offered by Rachel Grunn of Reflect Real Estate: 214-449-1822.