Listing provided courtesy of Coldwell Banker RealtyMLS# 21142262MLS ProviderContact Information: Aidan Flores - 972-771-9001
  • 179 days on site
  • 49 views

Rare 3.5-Acre Multi-Structure Estate on 2 LOTS with $4000+ Monthly Revenue Potential. Discover an unmatched income-generating retreat or multi-generational compound across two distinct lots. LOT 1 (1.5 Acres): The Architectural Main Residence The centerpiece is a stunning 2,579 sq. ft. A-frame, completely renovated offering Bohemian Grandeur. • Stats: 2 Bed, 2.5 Bath, Recent Roof and siding, Recent AC, & Water Heater. • Features: Massive open-concept living, culinary kitchen with new appliances and an oversized primary suite. The new 800 sq. ft. deck offers tranquil views of the private woods and creek beyond. LOT 2 (2 Acres): The Income Engine Maximize your ROI with two additional structures designed for the high-demand STR (Short Term Rental) market. • The Guest House: A fully functional 800 sq. ft. home (1 Bed, 1 Bath) currently generating $2,000per mo. in Airbnb revenue and featuring a kitchenette, downstairs living, and a private upstairs suite with a signature al fresco soaking tub. • The Dome: A 720 sq. ft. air-conditioned dome style retreat, currently used as a studio. Add a bathroom to unlock an estimated additional $2,000 per mo. in potential STR income. With flexible zoning potential and established revenue, this property is a partial turnkey solution for an owner-occupant looking to cover a part of investment with STR income, or an investor seeking a unique portfolio with growth potential.

Source: North Texas MLS, MLS#: 21142262

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  • Property Type
    Residential
  • Lot
    3.50 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 691 Bear Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: North Texas MLS Price Reduction
$699,000 -10.3%
6/22/2026Source: North Texas MLS Price Reduction
$699,000 -10.3%
6/7/2026Source: North Texas MLS Price Reduction
$779,000 -1.3%
6/7/2026Source: North Texas MLS Price Reduction
$779,000 -1.3%
5/2/2026Source: North Texas MLS Price Reduction
$789,000 -1.3%
5/2/2026Source: North Texas MLS Price Reduction
$789,000 -1.3%
1/2/2026Source: North Texas MLS Added to Database
January 02, 2026
1/1/2026Source: North Texas MLS Added to Database
January 01, 2026
7/7/2025Source: North Texas MLS Status Change
Closed
6/14/2025Source: North Texas MLS Status Change
Pending
6/4/2025Source: North Texas MLS Status Change
Active Under Contract
5/26/2025Source: North Texas MLS Added to Database
May 26, 2025