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  • $1.6M Price
  • 3.09 Acres
  • 2000 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $1.6M Price
  • 3.09 Acres
  • 2000 Year Built
  • Study
  • Game Room
  • Media
  • Pool

12900 Fm 121
Van Alstyne, Texas 75495

County: Grayson Simco Estates

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.

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Essential Information

  • Price$1,599,900
  • Cumulative Days on MarketUnlock
  • MLS® #21316650
  • Acres3.09
  • Year Built2000
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive
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Property Details

Community

  • Address12900 Fm 121
  • SubdivisionSimco Estates
  • CityVan Alstyne
  • CountyGrayson
  • StateTexas
  • Zip Code75495
  • UtilitiesAerobic Septic, Co-op Electric, Co-op Water, Concrete, Electricity Available, Gravel/Rock, Outside City Limits, Propane
  • Taxes37548

Amenities

  • SecurityFire Alarm, Smoke Detector(s)
  • GaragesAsphalt, Circular Driveway, Covered, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Garage Single Door, Guest, Inside Entrance, Kitchen Level, Lighted, On Site, Oversized, Side By Side, Tandem
  • WaterfrontYes
  • WaterfrontLake Front

Interior

  • FloorsCarpet, Ceramic Tile
  • Stories3

Exterior

  • Lot DescriptionAcreage, Interior Lot, Lrg. Backyard Grass, Many Trees, Sprinkler System, Tank/ Pond, Water/Lake View

Construction Details / Floorplan

  • Stories3
  • RoofComposition, Shingle
  • FoundationSlab
  • ConstructionBrick, Metal Siding

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric, Fireplace(s)

Additional Information

  • Zoningnone

Private Listing Information (Registration Required)

Listing Details

  • AgentJenna Harris
  • OfficeProperty Rights Advocacy Group

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Listing information last updated on October 18th, 2026 at 12:30am CDT.