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Financing available

$450,000

4078 FM121, Van Alstyne, TX 75495

4
beds
3
baths
2,396
sqft

Est. with seller financing: $3,469/mo

  • Single-family
  • Built in 1975
  • 58,022 sq ft lot
  • $188/sqft
  • Grayson County

Interested in this home?

Seller financing is available to qualified buyers.

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About 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.

Facts & features

Interior

Features

  • Cable Tv
  • Walk In Closets

Heating & cooling

  • Heating: Central, Fireplaces
  • Cooling: Central Air, Ceiling Fans, Electric

Flooring

  • Carpet
  • Laminate

Appliances

  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Microwave

Fireplace

  • Fireplaces: 1
  • Living Room
  • Wood Burning

Exterior & lot

Construction

  • Style: Traditional, Detached
  • Stories: 1
  • Roof: Composition
  • Foundation: Slab
  • Materials: Aluminum Siding

Parking

  • Garage spaces: 1
  • Carport
  • Detached Carport
  • Garage
  • Guest
  • Oversized

Lot

  • Acreage
  • Many Trees

Community

Neighborhood

  • Subdivision: Jones Eli

Schools

  • District: Van Alstyne ISD
  • Elementary: John and Nelda Partin
  • Middle: Van Alstyne
  • High: Van Alstyne

Financial & listing details

Listing

  • Price per sq ft: $188
  • County: Grayson
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,469/mo

Principal & interest
$3,259/mo
Property taxes
Not available
Homeowners insurance (est.)
$210/mo
Loan amount
$405,000
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

Your next home may have more than one path to ownership.

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Finding the right home is half the equation. Financing that works for your situation is the other half. This home may be eligible for our seller financing, also called owner financing, an option for buyers a traditional mortgage hasn't worked for.

It may be worth a look if you:

Available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly. All financing is subject to underwriting, eligibility, program guidelines, and approval.

Check Your Financing Options

How our financing program works

  1. 1

    Get qualified

    Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.

  2. 2

    Make it your home

    Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.

  3. 3

    Own it

    It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

Listing courtesy of Melissa Henley, LIV Realty, LLC · MLS #21315116 · 972-214-9044

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. MLS status: Active (available for sale). Information is deemed reliable but not guaranteed and should be independently verified. NTREIS data is for viewing on this site only and may not be reproduced or redistributed. Last updated Oct 9, 2026.

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