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Rare event-venue and income estate on 3.9 unrestricted acres in $1,599,900

12900 Fm 121, Van Alstyne, TX 75495

0 br, 0.0 ba, 2000 0 sf
Grayson County
Ad #: 8013609

Commercial For Sale

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.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 2000
  • Location: (private lake, pond, coastal)
  • Acres: 3.090
  • Waterfront: Yes
  • Waterview: Yes
  • ViewTypes: Water
  • County: Grayson County
  • Community: Simco Estates
  • Heat/AC: Electric (Heating), Fireplace(s), Central
  • Garage: Open, Oversize, Covered, Tandem, Guest, Driveway, Garage
  • Siding: Brick, MetalSiding
  • Roof: Composition, Shingle
  • Stories: 3
  • Fireplaces: Has Fireplace
  • Property Taxes: $37,548
  • MLS #: 21316650

Location

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Contact Information:

Contact Agent
Listing Agent: Jenna Harris, , 817-734-1019, 817-734-1019 Listing Site, Listing Status: Active
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Van Alstyne, Texas
Ad Number : 8013609
Viewed: 21 times
Added: Jul 05, 2026
Updated on: Jul 06, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.