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Mixed-Use Land for Sale in Van Alstyne, Texas

12900 FM 121, Van Alstyne, TX 75495

$1,599,900
3 acres
Active sale
ago
Est $11,303/mo

Rare event-venue and income estate on 3.9 unrestricted acres in fast-growing Van Alstyne, along the US-75 Silicon Prairie corridor. The property has operated as a wedding and event venue with short-term-rental stays and offers multiple revenue streams under one roof. The ~6,000 SF main home features 6 beds, 3.5 baths, dual primary suites, a chef's kitchen, and a game room with wet bar. An ~1,800 SF barndo-style event venue includes a kitchen, bathrooms, and an outdoor kitchen, with a separate get-ready tiny house for wedding parties. A pool house with 1 bedroom, full kitchen, bath, and 1-car garage is currently leased month-to-month, providing in-place income. 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 ~2.5-year-old roof, and newer HVAC. No HOA and A-rated Van Alstyne ISD schools. Ideal for an event-venue operator, short-term-rental investor, family compound, hobby farm, corporate retreat, or 1031 exchange.

Sq feet
2000
Built

Location

Street address
12900 FM 121
Zip code
75495
Community
Simco Estates
Elevation
685 feet
Coordinates
33.4208, -96.6149

Directions

Navigate to FM-121, Van Alstyne, TX 75 N on 75 to Van Alstyne, TX 75495. From HWY-75 head West on FM-121, 12900 Hwy 121, Van Alstyne, TX 75495 is almost 2 miles west on left side of the road, home is on South side of 121. Pull in the drive and park in the circular driveway. Blue Ibox on front door.

Property details

Acreage
3.09 acres
MLS #
NTREIS 21316650
Posted

Property taxes

Recent
$37,548

Parcels

  • 135555

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

View
Water
Waterfront
Lake Front
Features
Acreage, Back Yard, Interior Lot, Lawn, Many Trees, Pond On Lot, Sprinkler System

Exterior

Parking
Covered, Driveway, Garage, Guest, Open, Oversize, Tandem

Structure

Stories
3
Sewer
Aerobic Septic
Heating
Central, Electric, Fireplace(s)
Cooling
Ceiling Fan(s), Central Air, Multi Units
Materials
Brick, Metal Siding
Roof
Composition, Shingle

Interior

Flooring
Carpet, Tile
Fireplaces
Yes

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 5, 2026New listing$1,599,900NTREIS
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This 3.09-acre property is located at 12900 FM 121 in Van Alstyne, TX 75495. The property is available for sale, priced at $1,599,900. It has a structure built in 2000.

Listed by Property Rights Advocacy Group, (817) 734-1019

Checked 2 hours agoUpdated

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