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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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4078 Fm121 , Van Alstyne, TX 75495
$450,000
Est. Payment: $2,316.80/mo
4 Bed
3 Bath
2396 Sqft
Status: active | Days on site: 56
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Melissa Henley , LIV Realty, LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
1.33

Year Built

1975

County

Grayson

Neighborhood

Jones Eli

School District

Van Alstyne ISD

Listing ID

21315116

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Electric Cooktop, Electric Oven, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:Living Room,Wood Burning
Floor:Carpet,Laminate
Other:
  • Additional:Cable TV Available, Walk-In Closet(s), ADU, Master on Main

Exterior Features

Lot:Acreage,Many Trees,1 to < 3 Acres
Lot Dimensions:58020
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Carport,Detached Carport,Garage,Guest,Oversized
Principal Interest
$2,317
Taxes
$287

Home Price

$450,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,316.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,316.80 $286.88 $0.00 $2,603.67
Yearly $27,801.55 $3,442.50 $0.00 $31,244.05
Total $834,046.35 $103,275.00 $0.00 $937,321.35

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Van Alstyne, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems