HomesVan Alstyne › 4078 FM121
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$450,000

4078 FM121

Van Alstyne, TX 75495 · Jones Eli · Grayson County
ActiveMLS #21315116 · Single Family Residence
4Beds
3Baths
2,396Sq Ft
1.332Acres
1975Built
Baker Estimate

The seller has asked that automated value estimates not be shown for 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.

Courtesy of LIV Realty, LLC — listing agent Melissa Henley
Contact the listing firm: 972-214-9044 · info@livrealty.net

Home facts

Overview

Price
$450,000
Price per sq ft
$188
Status
Active
Property type
Single Family Residence
Year built
1975
Condition
Resale
Style
Traditional, Detached
Stories
1
Levels
One
Days on market
58
Price last changed
Aug 11, 2026

Bedrooms & bathrooms

Bedrooms
4
Full bathrooms
3
Living area
2,396 sq ft

Interior

Features
Cable Tv, Walk In Closets
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Microwave
Flooring
Carpet, Laminate
Fireplaces
1 · Living Room, Wood Burning
Heating
Central, Fireplaces
Cooling
Central Air, Ceiling Fans, Electric

Exterior & lot

Lot size
1.332 acres · 58,021.92 sq ft
Lot
Acreage, Many Trees
Roof
Composition
Foundation
Slab
Construction
Aluminum Siding

Parking

Garage spaces
1
Carport spaces
2
Parking
Carport, Detached Carport, Garage, Guest, Oversized

HOA & taxes

HOA
No

Utilities & efficiency

Utilities
Septic Available, Cable Available
Sewer
Aerobic Septic

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Jones Eli subdivision · Van Alstyne, TX 75495 · Grayson County

Finding parks, dining, and shopping nearby…

Listing updated Aug 26, 2026, 1:25 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 3:48 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 3:48 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.