12900 FM 121, VAN ALSTYNE, TX 75495

Rare turnkey 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/event venue with short-term-rental stays and offers multiple revenue streams under one roof. The ~6,000 SF main home features 6 beds / 4 baths, dual primary suites, a chef's kitchen, and a game room with wet bar. A ~1,800 SF barndo-style event venue includes a kitchen, bathrooms, and an outdoor kitchen, with a separate tiny "get-ready" 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. Listed roughly 24% below 2025 assessed value.