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Turnkey Event Venue Compound
For Sale
$1,599,900

12900 Fm 121, Van Alstyne, TX 75495

Turnkey wedding event property with a barndo-style venue, pool amenities, and an in-place month-to-month pool house lease.

Property SizeContact for details
Lot Size3.90 Acres
Days on Market83

Property Features for 12900 Fm 121

General Information

Standard status Active
Lot size 3.90 Acres
Property subtype Commercial

Additional Details

Highway Access Yes

Amenities

gunite pool
hot tub
gazebo
private bass-stocked pond
chef's kitchen
game room with wet bar
outdoor kitchen

Building Details

Year Built 2000
Listing Agency: Property Rights Advocacy Group
Listed By: Jenna Harris
Source: Phyllisbrowning
Added: Jun 17 Changed: Sep 6 Last Checked: Sep 6 at 9:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property Rights Advocacy Group

Investment Insights

Based on property information with market context.

This turnkey event-venue and income estate is set on approximately 3.9 unrestricted acres and includes multiple structures designed to host gatherings and generate revenue. The main home is approximately 6,000 SF and features 6 bedrooms, 4 baths, dual primary suites, a chef’s kitchen, and a game room with a wet bar. A separate approximately 1,800 SF barndo-style event venue includes a kitchen, bathrooms, and an outdoor kitchen, along with a tiny separate get-ready house for wedding parties. A pool house with 1 bedroom, full kitchen, bath, and a 1-car garage is currently leased month-to-month.

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 roof approximately 2.5 years old, and newer HVAC.

The property is located in fast-growing Van Alstyne along the US-75 “Silicon Prairie” corridor, with no HOA and Van Alstyne ISD schools rated A.

Key Highlights

  • 6,000 SF main home (built 2000) with 6 beds/4 baths, including dual primary suites, chef’s kitchen, and game room with wet bar
  • 1,800 SF barndo‑style event venue with kitchen, bathrooms, and an outdoor kitchen, plus a separate tiny get‑ready house
  • Pool house leased month‑to‑month: 1‑bedroom, full kitchen, bath, and 1‑car garage

Property Analytics

Current Use

Shepherd Run Estate Hotel & Motel

Suggested Use

Top Pick Garden Center Law Firm Gym & Fitness Center Storage Facility Hotel & Motel Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 75495, TX

9,061
Population
4,082
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
67.7 sq mi
ZIP Area
134
Density / Sq Mi
$105,520
Median Household Income
$49,603
Median Earnings
$1,239
Median Rent
$353,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - Turnkey wedding event property with a barndo-style venue, pool amenities, and an in-place month-to-month pool house lease.
Where is this wedding venue located?
The property is located at 12900 Fm 121 Van Alstyne, TX.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: 6,000 SF main home (built 2000) with 6 beds/4 baths, including dual primary suites, chef’s kitchen, and game room with wet bar; 1,800 SF barndo‑style event venue with kitchen, bathrooms, and an outdoor kitchen, plus a separate tiny get‑ready house; Pool house leased month‑to‑month: 1‑bedroom, full kitchen, bath, and 1‑car garage
More about this property
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