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Grayson, US
Exceptional Value on 1.11 Acres in Steeplechase – Room to Grow, Priced to Move! Yes, this home needs some updates—that’s exactly why it’s such an incredible opportunity. Priced below market value, this spacious property offers instant equity for the savvy buyer ready to make it their own. With solid bones, recent foundation and drainage repairs (with transferable warranty), and room to spread out, the possibilities are endless.
Step inside to find wood floors, high ceilings, and an exceptional layout featuring 3,054 sq ft, 4 bedrooms (2 down, 2 up), 2 living areas, 2 dining spaces, and a large eat-in kitchen that opens to both living rooms—perfect for entertaining or hosting family gatherings. The spacious primary suite includes private backyard access, a large ensuite bath with double vanities, separate shower and jetted tub, and generous walk-in closet. Upstairs offers two bedrooms, a full bath, spacious living-game room and smaller nook area. This home also includes a 400 sq ft detached Casita-Studio (built in 2015) with luxury plank flooring, half bath, loft, and abundant natural light—ideal for home office, studio, or small business. A large wood deck offers views of your acreage. The subdivision allows for workshop additions if desired. Highlights: Huge covered back patio, LIGHTED BASKETBALL Court, plantation shutters, built-ins, wood-burning fireplace, roof replaced in 2019. Attached 2-car garage plus 2-car carport (2015). Outside the city limits—yes, fireworks are allowed! Steeplechase is a sought-after neighborhood. Van Alstyne continues to grow and offer so much to its residents. I live nearby and can personally vouch for the community—it’s a wonderful place to call home. This home qualifies for renovation loans—move in now and make updates over time, or do updates and move in. Pre-sale inspection and all documents available in MLS. Ask for comps and ARV info—this is an opportunity. Motivated seller – bring your vision and an offer!
Courtesy Of: eXp Realty LLC
Feature Highlights
- Dining Room
- Family Room
- Fireplace
- Wood Floor
- Tile Floor
General Features
- Style:
- Traditional
- Garage:
- Attached Carport,Garage,Garage Faces Side,Lighted
Public Schools
- School District:
- Van Alstyne ISD
- Elementary School:
- John and Nelda Parti
- Jr High School:
- Van Alstyne
- High School:
- Van Alstyne
Interior Features
- Interior Features:
- Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,High Speed Internet Available,Kitchen Island,Loft,Open Floorplan,Walk-In Closet(s)
- Number Of Living Areas:
- 2
- Number Of Dining Areas:
- 2
- Baths Full:
- 3
- Baths Half:
- 1
- Beds Total:
- 4
- Heating:
- Central,Electric
- Fireplace Features:
- Wood Burning Stove
- Fireplaces Total:
- 1
- Flooring:
- Luxury Vinyl Plank,Tile,Wood
- Room Count:
- 10
Exterior Features and Amenities
- Lot Size Units:
- Acres
- Lot Size Area:
- 1.1100
- Lot Size Source:
- Assessor
- Subdivision Name:
- Steeplechase Country Estate Ph 3
- Roof:
- Composition
- Parking Features:
- Attached Carport,Garage,Garage Faces Side,Lighted
- Lot Size:
- 1 to < 3 Acres
- Lot Features:
- Corner Lot,Few Trees,Landscaped,Lrg. Backyard Grass,Subdivision
- Architectural Style:
- Traditional
Utility Information
- Utilities:
- Aerobic Septic,All Weather Road,Asphalt,Outside City Limits
Financial
- Association Fee:
- 100
- Tax Legal Description:
- STEEPLECHASE COUNTRY EST PH 3, LOT 1, ACRES 1
- Transaction Type:
- For Sale
- Unexempt Taxes:
- $10,184.00
- Association Type:
- Mandatory
- Association Fee Includes:
- Management Fees
- Association Fee Frequency:
- Annually
Other Features
- Possession:
- Closing/Funding
- Restrictions:
- Deed
- Parcel Number:
- 135504
- Garage Width:
- 24
- Security Features:
- Smoke Detector(s)
- Soil Type:
- Unknown
- Structural Style:
- Single Detached
- Garage Length:
- 21
- Construction Materials:
- Brick
- Will Subdivide:
- No
- Year Built Details:
- Preowned
Directions
from Hwy 75 go West on 121, exit 51. Turn left on 3356, left on Preakness Place. First House on Right
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: 2025-08-24.
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