About 12900 Fm 121
Rare event-venue and income estate on 3.9 unrestricted acres in fast-growing Van Alstyne, along the US-75 Silicon Prairie corridor. The property has operated as a wedding and event venue with short-term-rental stays and offers multiple revenue streams under one roof. The ~6,000 SF main home features 6 beds, 3.5 baths, dual primary suites, a chef's kitchen, and a game room with wet bar. An ~1,800 SF barndo-style event venue includes a kitchen, bathrooms, and an outdoor kitchen, with a separate get-ready tiny house for wedding parties. A pool house with 1 bedroom, full kitchen, bath, and 1-car garage is currently leased month-to-month, providing in-place income. Resort-style grounds include a gunite pool, hot tub, gazebo, and a private bass-stocked pond. Recent capital improvements include a 2023 piered foundation with warranty, a ~2.5-year-old roof, and newer HVAC. No HOA and A-rated Van Alstyne ISD schools. Ideal for an event-venue operator, short-term-rental investor, family compound, hobby farm, corporate retreat, or 1031 exchange.
Features of 12900 Fm 121
| MLS® # | 21316650 |
|---|---|
| Price | $1,599,900 |
| Square Footage | 8,454 |
| Acres | 3.09 |
| Year Built | 2000 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 12900 Fm 121 |
|---|---|
| Subdivision | Simco Estates |
| City | Van Alstyne |
| County | Grayson |
| State | Texas |
| Zip Code | 75495 |
Amenities
| Utilities | Aerobic Septic, Co-op Electric, Co-op Water, Concrete, Electricity Available, Gravel/Rock, Outside City Limits, Propane |
|---|---|
| Garages | Asphalt, Circular Driveway, Covered, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Garage Single Door, Guest, Inside Entrance, Kitchen Level, Lighted, On Site, Oversized, Side By Side, Tandem |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Heating | Central, Electric, Fireplace(s) |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Acreage, Interior Lot, Lrg. Backyard Grass, Many Trees, Sprinkler System, Tank/ Pond, Water/Lake View |
|---|---|
| Roof | Composition, Shingle |
| Construction | Brick, Metal Siding |
| Foundation | Slab |
Additional Information
| Zoning | none |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jenna Harris |
|---|---|
| Office | Property Rights Advocacy Group |