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Property profile & analytics
OFF-MARKET
Commercial real estate

171 Bowen Ln Van Alstyne, TX 75495

4,107 SF 18.54 ac lot Built 2005
Property ID
US82-1956468
Property summary
AI-generated overview

This exceptional 18.5-acre property in Van Alstyne, Texas, offers a unique blend of luxury living and lucrative investment potential. The property features two custom homes, a converted barn ideal for weddings and events, complete with a kitchen, two new bathrooms, and a pickleball court. The main house and 3-bedroom guest house boast expansive porches. Currently operating as a successful Airbnb, this turnkey estate presents a compelling opportunity for passive income. Additional amenities include RV hookups with 50-amp power and a dump station, along with high-speed fiber optic internet. Built in 2005, the single-story complex encompasses 4,107 square feet and sits on a spacious lot. The property is ag-exempt and boasts breathtaking views from its hilltop location. No deed restrictions apply. The asking price is $1,690,000. Note: This property is being sold through a structured sales process with a final offer date of November 24, 2024. Showings are by appointment only during designated time slots.

Property profile
Verified
Property type Commercial real estate
Year built 2005
Total area 4,107 SF
Lot 18.54 ac (807,602 SF)
UPID US82-1956468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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