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Property Description
Rare 3.5-Acre Multi-Structure 4,099 square foot Estate on 2 LOTS with $4000+ Monthly Revenue Potential. Discover an unmatched income-generating retreat or multi-generational compound across two distinct lots. LOT 1 (1.5 Acres): The Architectural Main Residence The centerpiece is a stunning 2,579 sq. ft. A-frame, completely renovated offering Bohemian Grandeur. "¢ Stats: 2 Bed, 2.5 Bath, Recent Roof and siding, Recent AC, & Water Heater. "¢ Features: Massive open-concept living, culinary kitchen with new appliances and an oversized primary suite. The new 800 sq. ft. deck offers tranquil views of the private woods and creek beyond. LOT 2 (2 Acres): The Income Engine Maximize your ROI with two additional structures designed for the high-demand STR (Short Term Rental) market. "¢ The Guest House: A fully functional 800 sq. ft. home (1 Bed, 1 Bath) currently generating $2,000per mo. in Airbnb revenue and featuring a kitchenette, downstairs living, and a private upstairs suite with a signature al fresco soaking tub. "¢ The Dome: A 720 sq. ft. air-conditioned dome style retreat, currently used as a studio with bathroom. With flexible zoning potential and established revenue, this property is a partial turnkey solution for an owner-occupant looking to cover a part of investment with STR income, or an investor seeking a unique portfolio with growth potential.
Full Property Details
Full Property Details for 691 Bear Rd
General
- Price: $799,000
- Taxes: $11,457
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21142983
- Updated: 8/21/2026
- Added to Site: 282 day(s) ago
Business
- Business Type: Accounting, Arts and Entertainment, Administrative a
Interior
- Flooring: Luxury Vinyl Plank
Additional Information
- Security/Safety: Fire Alarm
Parking
- Parking Features: Aggregate, Circular Driveway
Location
- County: Grayson
- Subdivision: David C Wilson A-G1331
- Driving Directions: Use GPS
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Heat Pump
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Other, Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,099
- Sq. Ft. Source: Assessor
- Year Built: 1989
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 3.5
- Lot Size (Sq. Ft.): 152,460
- Lot Size Source: Assessor
- Lot Features: Acreage, Back Yard, Lawn, Landscaped, Many Trees, Waterfront
- Potential Use: Office, Other, Place of Worship, Service
- Zoning: In the County. Currently not zoned.
Water Features
- Water Front: Yes
- Water Front Desc.: Creek, Waterfront
Financial Considerations
- Tax Amount: $11,457
- Terms: Cash, Conventional, FHA, VA Loan
- Tenant Pays: None
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: David C Wilson A-G1331 3.5 Acres
- Inclusions: Land & Improvements
- Property ID: 133800
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 691 Bear Rd
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 | 1.5 mi |
Van Alstyne J High School 1314 North Waco Street, Van Alstyne, TX 75495 | 7-8 | 1.6 mi |
Van Alstyne High School 1722 North Waco Street, Van Alstyne, TX 75495 | 9-12 | 1.3 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 691 Bear Rd
Date
Details
Price
Change
Source
7/17/2026
Price Increased
$799,000
14.31%
MLS
6/22/2026
Price Reduced
$699,000
-10.27%
MLS
6/07/2026
Price Reduced
$779,000
-1.27%
MLS
4/16/2026
Price Reduced
$789,000
-1.25%
MLS
1/02/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 691 Bear Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$265,838
19%
2023
100%
$223,629
-1%
2022
100%
$226,980
42%
2021
100%
$160,111
13%
2020
100%
$142,242
32%
2015
-100%
$108,046
43%
2018
$1,697
98%
$75,804
99%
2017
$859
10%
$38,000
6%
2016
$783
-1%
$36,000
—
2015
$789
-53%
$36,000
-54%
2019
$1,669
112%
$78,588
118%
2014
$789
—
$36,000
—
2013
$789
—
$36,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 691 Bear Rd
691 Bear Road, Van Alstyne, TX 75495 (MLS# 21142983) is a Business property. 691 Bear Road is currently listed for $799,000 and was received on January 02, 2026. This property is listed by Aidan Flores from our Rockwall Office.Want to learn more about 691 Bear Road? Do you have questions about finding other Business 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.


