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.
Unique Land Opportunity with Rustic Improvements – Are you Looking for a versatile property with room to create your vision? This unique offering in Van Alstyne includes a log-style two-story home and detached structures on a spacious lot just off Hwy 75—but the true value lies in the land. The main home offers 2,234 sq ft with 2 bedrooms and 2 baths, featuring an open-concept layout, wood-burning stove, and an oversized upstairs bedroom with a loft. The rustic charm is undeniable, however potential buyers should be aware that the home and additional structures will require significant renovation or may be best suited for teardown, to be determined at the buyer’s discretion. Included on the property is a 737 sq ft dome-style structure with electricity, currently used as a sanctuary, and a 20’ x 20’ elevated storage building with covered space below—ideal for equipment or additional storage. This peaceful setting offers convenient access to Hwy 75 and is located within the highly rated Van Alstyne ISD, making it a prime location for a hobby farm, or a private retreat. Endless possibilities, with the flexibility to reimagine or rebuild. Come see the potential this land holds and bring your ideas to life!
NTREIS #20798498
May 26, 2025
Listing Removed
—
Apr 12, 2025
Price Changed
$395,000
$96/sq ft
Mar 19, 2025
Price Changed
$425,000
$104/sq ft
Feb 4, 2025
Price Changed
$459,000
$112/sq ft
Jan 2, 2025
Listed
$479,000
$117/sq ft
NTREIS #13033535
Jan 17, 2015
Listing Removed
—
Oct 8, 2014
Listed
$229,979
$56/sq ft
NTREIS #12186556
Sep 29, 2014
Listing Removed
—
Jul 25, 2014
Listed
$265,000
$65/sq ft
NTREIS #11983446
Jun 24, 2014
Listing Removed
—
Dec 2, 2013
Relisted
—
Dec 2, 2013
Listing Removed
—
Jul 3, 2013
Price Changed
$265,000
$65/sq ft
Jul 3, 2013
Listed
$65,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,135 (+2.9%)
$159,375 + $279,479
$438,854
2024
$6,932 (−6.4%)
$126,938 + $287,206
$414,144
2023
$7,407 (−11.4%)
$126,976 + $270,780
$397,756
2022
$8,364 (+8.0%)
$142,500 + $306,602
$449,102
2021
$7,745 (+14.3%)
$126,000 + $274,275
$400,275
2020
$6,777 (+28.3%)
$79,500 + $259,707
$339,207
2019
$5,281 (−0.9%)
$57,000 + $191,609
$248,609
2018
$5,331 (−8.8%)
$57,000 + $181,060
$238,060
2017
$5,843 (+6.3%)
$57,000 + $201,375
$258,375
2016
$5,499 (+13.0%)
$57,000 + $201,375
$258,375
2015
$4,866 (+12.7%)
$54,000 + $198,861
$252,861
2014
$4,318
$54,000 + $142,958
$196,958
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.5 Acres
Year renovated
2002
Finished Sq. Ft.
3,096
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,096
Year built
1992
Style
Single Family Residential
County
Grayson County
APN
000000133800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
5/10 Wind Factor
24% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Van Alstyne, TX • 75495
Average low and high temperatures (°F)
53
33
63
40
75
53
77
59
82
64
90
74
94
74
95
75
89
67
84
60
71
50
61
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 691 Bear Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $677,225 and $895,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $677K to $895K.