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4078 FM121

Van Alstyne, TX 75495

Listing courtesy of Melissa Henley, LIV Realty, LLC

$469,000
Active
Beds
3
Baths
2
Sqft
2,396
Year Built
1975

About this home

Welcome to a rare opportunity in the heart of Van Alstyne, where space, flexibility, and stunning views come together on 1.3 acres of gently elevated land. This exceptional multi-generational property delivers the best of both worlds: a sprawling main residence and a fully updated guest suite, all tucked on a hilltop setting with views that will stop you in your tracks. The main home offers 4 bedrooms, 3 bathrooms, and generously sized rooms throughout, built for real living, not just looking. A sun-drenched sunroom extends your living space and frames the sweeping landscape views perfectly, making it a favorite spot morning, noon, and night. The updated 1 bed and 1 bath guest suite is the true crown jewel of this property's versatility. Fully self-contained with its own living space, full kitchen, laundry room, and private covered porch, this is not a bonus room. It is a complete, functional home unto itself. Whether you are housing aging parents, welcoming adult children, or hosting extended family, this private retreat offers independence without distance. This space also presents serious income potential as a short-term rental. Van Alstyne's explosive growth and proximity to major corridors makes it a compelling opportunity for the buyer looking to offset their mortgage or build passive income from day one. With a full kitchen, laundry room, and its own entrance, guests have everything they need for a comfortable, self-sufficient stay. A barn on the property adds even more functionality, perfect for storage, livestock, a workshop, or hobby farm use. Sitting elevated above it all, this home commands exceptional panoramic views. Additional acreage adjoining the property is also available for sale, offering even more room to expand, build, or simply enjoy added privacy. Van Alstyne ISD. Schedule your private showing today.

Schools

Elementary
John and Nelda Partin
Middle
Van Alstyne
High
Van Alstyne

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21315116
Property Type
Residential
Status
Active
County
Grayson
Subdivision
Jones Eli
Lot Size
1.33 acres
Garage
1-car
HOA Dues
None
Days on Market
New (1 day)
Listed
Jun 29, 2026
Price per Sqft
$196

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$3,337/mo
Principal & interest
$2,496
Property taxes (est.)
$704
Homeowner's insurance (est.)
$137

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 29, 2026