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Short-Term Rental Estate With Two Homes
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171 Bowen Lane, Van Alstyne, TX 75495

Two residences and a converted event barn occupy an ag-exempt hilltop property with guest accommodations and recreational improvements.

Property SizeContact for details
Lot Size18.50 Acres
Days on Market143

Property Features for 171 Bowen Lane

General Information

Standard status Active
Lot size 18.50 Acres
Property subtype Multifamily, Retail

Additional Details

Asking Price $1,690,000
Land Use agricultural, residential, event venue

Amenities

barn
pickleball court
RV hookups
Listing Agency: Reflect Real Estate
Listed By: Rachel Grunn · License #TX 0753821
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:44AM

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 Reflect Real Estate

Investment Insights

Based on property information with market context.

This 18.5-acre hilltop property includes two custom residences: a main house and a three-bedroom guest house. Both homes offer expansive porches, while the overall property is operated as an Airbnb short-term rental. The estate also includes a converted barn configured for weddings and events, with a kitchen, two new bathrooms, and a pickleball court.

Recent improvements include fresh paint, new carpet, a new roof, and new gutters. Recreational and utility features include RV hookups with 50-amp power, a dump station, and high-speed fiber-optic cable. The property carries an ag exemption and has no deed restrictions. Its combination of residential accommodations, event facilities, and acreage supports multiple existing uses within one property.

Key Highlights

  • 18.5‑acre ag‑exempt property with hilltop views
  • Two custom homes, including a 3‑bedroom guest house
  • Converted barn with kitchen, 2 new bathrooms, and pickleball court

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

7
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?
Short term rental property - Two residences and a converted event barn occupy an ag-exempt hilltop property with guest accommodations and recreational improvements.
Where is this short term rental property located?
The property is located at 171 Bowen Lane Van Alstyne, TX.
What are key features of this property?
This property features: 18.5‑acre ag‑exempt property with hilltop views; Two custom homes, including a 3‑bedroom guest house; Converted barn with kitchen, 2 new bathrooms, and pickleball court
(972) 841-8072 Call to check price and availability
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