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$11,000,000

122 Lovers Leap Lane, Van Alstyne, TX, 75495

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths3,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$3,321.26 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDouble Oven, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener, Vented Exhaust Fan, Water Purifier, Washer
FlooringCombination, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesGarden, Lighting, Private Entrance, Private Yard, Rain Gutters, Storage
Lot Size20.62 acres

Building Information

Year Built2014
Garage Spaces6

Land Information

APN291 067400501
SubdivisionKinsey Thomas A-G0674
Land UseResidential
Legal DescriptionG-0674 KINSEY THOMAS A-G0674, ACRES 20.624
Census Tract001901
Assessed Land Value$145,649
Assessed Improvement Value$845,160
Assessment Year2026

About this property

An extraordinary opportunity to own 41 acres of prime North Texas real estate at the corner of Lovers Leap Lane and FM 121 in the rapidly growing Van Alstyne area! This remarkable ranch estate combines luxury country living, exceptional recreational opportunities, and incredible investment potential in one of the region’s most desirable growth corridors. Featuring two residences, the property offers an impressive main home with beautiful hardwood floors and knotty pine throughout, two spacious primary suites, generous living areas, and thoughtfully designed spaces for entertaining and everyday comfort. The second residence provides additional accommodations for guests, extended family, or multigenerational living. Outdoors, the property is exceptionally well suited for equestrian enthusiasts, featuring a barn, riding pen, and expansive pastures ideal for horses and other livestock. Beautiful mature trees, open countryside, and scenic Squirrel Creek create a picturesque landscape filled with abundant wildlife, including whitetail deer, making this an incredible setting for hunting, horseback riding, and enjoying the outdoors. Additional highlights include a storm shelter and two access points with frontage along both Lovers Leap Lane and FM 121. The property currently benefits from a wildlife management agricultural valuation, adding to its appeal as a substantial North Texas landholding. Conveniently located approximately 20 miles from Sherman, 35 miles from Frisco, and 50 miles from Dallas, this estate offers the tranquility of country living with convenient access to major employment centers, shopping, dining, and entertainment. Whether you’re searching for a private luxury ranch, an equestrian retreat, a recreational getaway, or an incredible long-term investment, this exceptional property offers a rare combination of location, acreage, improvements, and future potential. Opportunities of this caliber are increasingly difficult to find in North Texas!

Investor Tools

$445,966Estimated Mortgage Balance
$679,034Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$66,000 /month
Positive
Cash Flow Estimate:
$22,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,699
$990,809
2026
$145,649
$845,160
$2,338,255
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,699
$990,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$510,400
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,966
$679,034
60%
40%
$3,061/mo

City: Van Alstyne

122 Lovers Leap Lane | Property Details | No Agent List