Home Details for 12900 Fm 121

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.

• Parking

  • Asphalt
  • Circular Driveway
  • Covered
  • Direct Access
  • Driveway
  • Garage
  • Garage Door Opener
  • Garage Faces Rear
  • Guest
  • Inside Entrance
  • Kitchen Level
  • Lighted
  • On Site
  • Oversized
  • Side By Side
  • Tandem

• Cooling Information

  • Ceiling Fan(s)
  • Central Air
  • Electric
  • Multi Units

• Heating Information

  • Central
  • Electric
  • Fireplace(s)

• Utilities

  • Electricity Available
  • Propane

• Waterfront and Water Access

  • Lake Front