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    Event Venue and Rental Estate Title is generated by Realmo AI

    12900 Fm 121, Van Alstyne, TX 75495

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    Claim this Listing
    New
    For Sale
    $1,599,900

    COMMERCIAL - Van Alstyne, TX

    Lot size:
    3.09 Acres
    Added:
    Jul 6, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 6 at 2:06 pm

    Property Features for 12900 Fm 121

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Guest, Open, Driveway, Tandem, Oversize, Covered, Garage
    Fireplace
    1
    Standard status
    Active
    APN
    135555
    Lot size
    3.09 Acres

    Taxes and HOA fees

    Tax Description
    SIMCO ESTATES, LOT 1, ACRES 3.09
    Tax Annual Amount
    37548

    Utilities

    Utilities
    Propane
    Sewer type
    Aerobic Septic
    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Central Air, Electric, Ceiling Fan(s), Multi Units
    Water front features
    Lake Front
    Water front
    1

    Building Details

    Year built
    2000
    Floors in Building
    3
    Number of units
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick, MetalSiding
    Roof type
    Shingle, Composition

    We can help!

    Contact an agent
    Jenna Harris

    Listing agent Jenna Harris

    Listing office Property Rights Advocacy Group TX

    Listing date Jul 6, 2026

    MLS# 21316650

    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.

    HighLights

    • 3.9‑acre unrestricted lake‑front property with event venue, short‑term rental stays, and a leased pool house for in‑place income
    • ~6,000 SF main home with 6 beds, 3.5 baths, dual primary suites, chef’s kitchen, and game room with wet bar
    • ~1,800 SF barndo‑style event venue with kitchen, bathrooms, and outdoor kitchen
    • Separate get‑ready tiny house for wedding parties and a 1‑bed pool house with full kitchen, bath, and 1‑car garage (month‑to‑month lease)
    • Resort‑style grounds: gunite pool, hot tub, gazebo, and private bass‑stocked pond
    • Recent updates include a 2023 piered foundation with warranty, ~2.5‑year‑old roof, and newer HVAC; Propane and aerobic septic

    Overview

    This property combines an event venue with multiple lodging options on unrestricted acreage, marketed and operated around wedding and guest stays. The approximately 6,000 SF main home includes six bedrooms and 3.5 bathrooms, dual primary suites, a chef’s kitchen, and a game room with a wet bar. An approximately 1,800 SF barndo-style event venue features a kitchen, bathrooms, and an outdoor kitchen, supported by a separate get-ready tiny house for wedding parties. A pool house with one bedroom, a full kitchen, a bathroom, and a one-car garage is currently leased on a month-to-month basis.

    Located at 12900 FM 121 in Van Alstyne, the estate is positioned along the US-75 “Silicon Prairie” corridor, according to the provided remarks. The grounds are designed for gatherings and downtime, including a gunite pool, hot tub, gazebo, and a private bass-stocked pond. The listing notes no HOA and Van Alstyne ISD schools rated “A.”

    The mix of event space, on-site get-ready accommodations, and in-place leased housing can fit buyers seeking an operator-style event setup, a short-term rental strategy, or a family compound with additional revenue streams. Recent capital improvements include a 2023 piered foundation with warranty, an approximately 2.5-year-old roof, and newer HVAC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shepherd Run Estate Hotel & Motel

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Van Alstyne
    County
    Grayson
    State
    Texas
    Longitude
    -96.614915
    Latitude
    33.420796

    FAQs

    What type of property is this?
    Wedding venue - Multiple event and stay-ready dwellings on unrestricted acreage support wedding hosting and short-term rental flexibility.
    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: 3.9‑acre unrestricted lake‑front property with event venue, short‑term rental stays, and a leased pool house for in‑place income; ~6,000 SF main home with 6 beds, 3.5 baths, dual primary suites, chef’s kitchen, and game room with wet bar; ~1,800 SF barndo‑style event venue with kitchen, bathrooms, and outdoor kitchen
    More about this property
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