19 Preakness Place Rd, Van Alstyne, TX 75495

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!