4078 FM121Van Alstyne, TX 75495
Jones Eli · Grayson County
Description
Welcome to a rare opportunity in the heart of Van Alstyne, where space, flexibility, and stunning views come together on 1.3 acres of gently elevated land. This exceptional multi-generational property delivers the best of both worlds: a sprawling main residence and a fully updated guest suite, all tucked on a hilltop setting with views that will stop you in your tracks. The main home offers 4 bedrooms, 3 bathrooms, and generously sized rooms throughout, built for real living, not just looking. A sun-drenched sunroom extends your living space and frames the sweeping landscape views perfectly, making it a favorite spot morning, noon, and night. The updated 1 bed and 1 bath guest suite is the true crown jewel of this property's versatility. Fully self-contained with its own living space, full kitchen, laundry room, and private covered porch, this is not a bonus room. It is a complete, functional home unto itself. Whether you are housing aging parents, welcoming adult children, or hosting extended family, this private retreat offers independence without distance. This space also presents serious income potential as a short-term rental. Van Alstyne's explosive growth and proximity to major corridors makes it a compelling opportunity for the buyer looking to offset their mortgage or build passive income from day one. With a full kitchen, laundry room, and its own entrance, guests have everything they need for a comfortable, self-sufficient stay. A barn on the property adds even more functionality, perfect for storage, livestock, a workshop, or hobby farm use. Sitting elevated above it all, this home commands exceptional panoramic views. Additional acreage adjoining the property is also available for sale, offering even more room to expand, build, or simply enjoy added privacy. Van Alstyne ISD. Schedule your private showing today.
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Style
- Traditional
- Year built
- 1975
- Living area
- 2,396 Sq Ft
- Lot size
- 1.33 acres
- Lot dimensions
- 58020
- Garage spaces
- 1
- Days on market
- 100
- MLS® Listing#
- 21315116
Property Features
- Interior
- Walk-In Closet(s)
- Exterior
- Other
- Appliances
- Dishwasher · Electric Cooktop · Electric Oven · Microwave
- Cooling
- Ceiling Fan(s) · Central Air · Electric
- Heating
- Central · Fireplace(s)
- Flooring
- Carpet · Laminate
- Fireplace
- Living Room · Wood Burning
- Parking
- Carport · Detached Carport · Garage · Guest · Oversized
- Lot features
- Cleared · Wooded · Many Trees
- Construction
- Aluminum Siding
- Foundation
- Slab
- Roof
- Composition
- Utilities
- Cable Available
- Sewer
- Septic Tank
- Parcel number
- 0000000133137
Rooms
First
- Bedroom17 x 10
- Kitchen20 x 13
- Living Room29 x 26
- Master Bathroom21 x 7
- Master Bedroom21 x 16
Schools
- Elementary
- John and Nelda Partin
- Middle
- Van Alstyne
- High
- Van Alstyne
- District
- Van Alstyne ISD
Directions
See GPS, there will be a mailbox and a private driveway, once you are on the driveway, keep driving up and the 2 homes for sale will be at the top of the driveway.
Listing Courtesy: LIV Realty, LLC - 972-214-9044
Presented by: Melissa Henley
Last Updated: 2026-06-29
Documents & links
Provided by Melissa Henley
- Virtual tourVisit
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