Date
Details
Price
Change
Source
6/29/2026
Listed
$469,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 4078 FM 121
General
- Price: $469,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21315116
- Updated: 6/30/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport, Detached Carport, Garage, Guest, Oversized
Location
- County: Grayson
- Subdivision: Jones Eli
- Driving Directions: See GPS, there will be a mailbox and a private driveway, once you are on the driveway, keep driving up and the 2 homes for sale will be at the top of the driveway.
School Information
- Elem School District: Van Alstyne ISD
- Midd School District: Van Alstyne ISD
- High School District: Van Alstyne ISD
- Elementary School: John and Nelda Partin
- Middle School: Van Alstyne
- High School: Van Alstyne
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Fireplace(s)
Utilities
- Sewer: Aerobic Septic
- Cable Available: Yes
- Utility Description: Septic Available, Cable Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Aluminum Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,396 Sq. Ft.
- Year Built: 1975
Lot Features
- Lot Size (Acres): 1.332
- Lot Size (Sq. Ft.): 58,021.92
- Lot Size Source: Owner
- Lot Dimensions: 58020
- Lot Features: Acreage, Many Trees
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 133137
Listed by LIV Realty, LLC, Melissa Henley
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4078 FM 121 —
Melissa Henley
LIV Realty, LLC
972-214-9044
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4078 FM 121
School District:Van Alstyne Independent School District
| Name | Grades | Distance |
|---|---|---|
Bob and Lola Sanford Elementary School 300 Williams Way, Van Alstyne, TX 75495 | K-4 | 7.1 mi |
Van Alstyne J High School 1314 North Waco Street, Van Alstyne, TX 75495 | 7-8 | 7 mi |
Van Alstyne High School 1722 North Waco Street, Van Alstyne, TX 75495 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4078 FM 121
Estimate the Cost
Estimate the Cost for 4078 FM 121
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4078 Fm121, Van Alstyne, TX 75495 (MLS# 21315116) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4078 Fm121 is currently listed for $469,000 and was received on June 29, 2026. Want to learn more about 4078 Fm121? Do you have questions about finding other Single Family real estate for sale in Van Alstyne? You can browse all Van Alstyne real estate or contact a Coldwell Banker agent to request more information.