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Grayson, US
Step back in time with this exquisite Victorian home, originally built in 1925 by the Cannon family, founders of Van Alstyne. Nestled in a secluded, private setting with a gated entrance, this estate has been meticulously restored and updated with over $200,000 in recent improvements, blending timeless charm with modern amenities.
This remarkable residence preserves its historic farmhouse appeal while offering a contemporary lifestyle. Natural light pours in the new vinyl windows, illuminating the elegant wood floors and original architectural details that define its character. The chef’s kitchen is a culinary dream, featuring high-end appliances, farm sink and prep sink, ample counter space, and plenty of storage. Multiple screened and covered porches provide serene outdoor living areas, perfect for relaxing or entertaining.
The master suite is a private retreat, offering a spacious dressing room with a custom closet system, a cozy fireplace, and a fully remodeled primary bathroom with dual vanities, a separate shower, and a deep soaking tub for ultimate relaxation.
In addition to the main house, the property includes a separate apartment with its own entrance, as well as a charming bunk house—ideal for guests or offering potential for Airbnb income with five distinct rooms.
The estate spans 11.5 acres, featuring a large barn, a fenced pasture with grass for grazing, and multiple outbuildings, including an additional workshop or guest house. The property offers endless possibilities for agriculture, horse boarding, hosting weddings, or enjoying expansive outdoor gatherings. The property also has a current Ag exemption for cattle and livestock.
This rare gem combines history, luxury, and opportunity in one incredible property. Schedule your showing today to experience the beauty and potential of this one-of-a-kind estate.
Courtesy Of: Tina Leigh Realty
Feature Highlights
- Dining Room
- Family Room
- Fireplace
- Wood Floor
- Tile Floor
- AG Exemption
General Features
- Style:
- Early American,Traditional,Victorian
- Foundation Type:
- Combination,Pillar/Post/Pier
- Garage:
- Additional Parking,Carport,Detached Carport,Driveway,Electric Gate,Gravel,Guest,Oversized,Private,RV Access/Parking,RV Carport
Public Schools
- School District:
- Van Alstyne ISD
- Elementary School:
- Van Alstyne
- Jr High School:
- Van Alstyne
- High School:
- Van Alstyne
Interior Features
- Baths Full:
- 4
- Beds Total:
- 5
- Room Count:
- 18
- Number Of Living Areas:
- 5
- Fireplace Features:
- Library,Master Bedroom,Wood Burning
- Fireplaces Total:
- 2
- Flooring:
- Carpet,Ceramic Tile,Wood
- Number Of Dining Areas:
- 2
- Heating:
- Central,Electric,Fireplace(s),Propane,Zoned
- Interior Features:
- Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Kitchen Island,Multiple Staircases,Natural Woodwork,Pantry,Wainscoting,Walk-In Closet(s),Second Primary Bedroom
Exterior Features and Amenities
- Lot Size Area:
- 11.5640
- Architectural Style:
- Early American,Traditional,Victorian
- Lot Size Source:
- Public Records
- Lot Size Units:
- Acres
- Parking Features:
- Additional Parking,Carport,Detached Carport,Driveway,Electric Gate,Gravel,Guest,Oversized,Private,RV Access/Parking,RV Carport
- Roof:
- Composition
- Subdivision Name:
- G1398 ZACHARY ALEX A-G1398
- Lot Features:
- Acreage,Agricultural,Cleared,Corner Lot,Irregular Lot,Landscaped,Lrg. Backyard Grass,Many Trees,Pasture,Sprinkler System
- Lot Size:
- 10 to < 50 Acres
- Fencing:
- Fenced,Gate,Metal,Wire
- Exterior Features:
- Balcony,Covered Patio/Porch,Rain Gutters,Lighting,Private Entrance,Private Yard,Stable/Barn,Storage
- Crops:
- Common Bermuda,Improved Pasture
Utility Information
- Utilities:
- Aerobic Septic,City Water,Electricity Available,Electricity Connected,Gravel/Rock,Individual Gas Meter,Outside City Limits,Propane,Septic
Financial
- Unexempt Taxes:
- $12,754.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- G-1398 ZACHARY ALEX A-G1398, ACRES 11.564
Other Features
- Year Built Details:
- Preowned
- Will Subdivide:
- No
- Structural Style:
- Farm/Ranch House
- Special Notes:
- Aerial Photo
- Security Features:
- Smoke Detector(s)
- Construction Materials:
- Siding
- Possession:
- 30-60 Days,Negotiable
- Parcel Number:
- 219379
- Foundation Details:
- Combination,Pillar/Post/Pier
- Intermediate School Name:
- Van Alstyne
Directions
From McKinney, travel North on Hwy 75, exit, and go East on FM 121 to Jim Cannon Rd. The property is on the corner of FM 121 and Jim Cannon Rd.
Copyright 2025 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2025-06-16.
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