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4078 FM121Van Alstyne, TX 75495

Jones Eli · Grayson County

$450,000List price
4Beds
3Baths
2,396Sq Ft
1975Year built
1.33Acre lot
1Garage
3 months agoOn market

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.

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: LIV Realty, LLC - 972-214-9044

Presented by: Melissa Henley

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-06-29

Documents & links

Provided by Melissa Henley

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