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Grayson 75495
691 Bear Road
$799,000
↑ $100K (14.3%)
● House - For Sale

691 Bear Road

Van Alstyne, TX 75495
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,099 Ft²
$3,924
Est. Monthly

About This Property

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.
Unit Size
4,099 Ft²
Days on Market
-
Land Size
3.50 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

Listed By

Aidan Flores
Coldwell Banker Realty

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Last updated: 3 months ago (NTREIS #21142262)

Price History

Date / Event Date Event Price
Jul 18, 2026 Price Increased $799,000
↑ $100K (14.3%)
Price Increased
Jun 23, 2026 Price Decreased $699,000
↓ $80K (10.3%)
Price Decreased
Jun 8, 2026 Price Decreased $779,000
↓ $10K (1.3%)
Price Decreased
May 8, 2026 Relisted $789,000
Relisted
May 3, 2026 In contract -
In contract
Show More

Property Highlights

Fireplace
Parking Details
Parking Features: Aggregate, Circular Driveway, Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: High Speed Internet, Open Floorplan, Pantry, Cable TV Available
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring Type: Luxury Vinyl Plank
Laundry Features: Electric Dryer Hookup, Washer Hookup, Utility Room, Dryer Hookup
Has Fireplace
Fireplace Features: Family Room, Wood Burning Stove
Fireplaces: 1
Exterior Details
Square Footage: 4099
Security Features: Fire Alarm
Architectural Style: A-Frame, Dome
Year Built: 1989
Waterfront Features: Creek
Levels: Two
Other Structures: Guest House, Residence, See Remarks, Other, Separate Entry Quarters, Workshop w/Electric
Window Features: Window Coverings
Construction Materials: Frame, Wood Siding
Patio and Porch Features: Deck, Rear Porch, See Remarks
Lot Features: Irregular Lot, Landscaped, Acreage, Lrg. Backyard Grass
Lot Size Area: 3.5
Lot Size Units: Acres
Lot Size Acres: 3.5
Lot Size Square Feet: 152460
Utilities Details
Cooling Type: Electric, Heat Pump
Heating Type: Electric, Heat Pump

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 3,096
  • Gross Building Area: 3,096
  • Building Area: 3,096
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILSON DAVID C A-G1331
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: G-1331 WILSON DAVID C A-G1331, ACRES 3.0

Neighborhood

  • School District Name: Van Alstyne Independent School District
  • Census Tract: 001803

Geography

  • Assessors Map Reference: 376-Q
  • Parcel: 133800
  • Municipality: UNINCORPORATED
  • Latitude: 33.4378
  • Longitude: -96.6087

    Address

  • Full Address: 691 Bear Rd
  • Address - House Number: 691
  • Address - Street Name: Bear
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Van Alstyne
  • Carrier Code: R006
  • 4-Digit Zip Code: 3371
  • Zip Code: 75495

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $740,741
  • Tax Rate Code Area: SVA

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 566,246
  • High Value: 716,938
  • Low Value: 415,555

    Market Valuation

  • Market Total Value: $449,102
  • Market Land Value: $142,500
  • Market Improvement Value: $306,602

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $449,102
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $306,602
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grayson


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Frequently Asked Questions

When was property at 691 Bear Road built and last sold?
The property at 691 Bear Road was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 691 Bear Road is $804,317.
What are some comparable homes to 691 Bear Road?
There are currently no comparable homes to 691 Bear Road.