131 S Preston Rd, Van Alstyne, TX 75495 Property Records

Grayson County property record for 131 S Preston Rd, Van Alstyne, TX 75495

Property Summary

Property Type	Commercial
Details	625 sqft · built 1990
Lot Size	0.014 acres (623 sqft)
Owner	2 Trust Names on File
Tax Bill	$1,965 (2024)
Deeds & Mortgages	May 2021 Transfer Feb 2020 Loan Modification + 3 more
Flood Zone	Zone X (minimal risk)
APN	`V003 5011030`

Property Details

APN / Parcel Number

Primary APN	`V003 5011030`
Alternative APN	`168551`

Interior

Building Area	625 sqft Total Area

Exterior

Year Built	Built 1990
Lot Area	623 sqft (0.014 acres)
Lot Dimensions	25 ft deep x 25 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	168551
Old Parcel Number	V003 5011030
Street Address	131 S PRESTON RD
City	VAN ALSTYNE
State	TX
Zip	75495
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	OTP VAN ALSTYNE ADDN, BLOCK 5, LOT PART OF 14
Legal Subdivision	OTP VAN ALSTYNE ADDN
Legal Block	5
Legal Lot Number	PART
Jurisdiction	GRAYSON TX
Township / Civil Division	EAST GRAYSON
Census Block Group	3
Census Block	3062
Census Tract	1803

Owner

131 S Preston Rd, a commercial property, is held in a trust since May 2021.

Source: Grayson County records, as of October 20, 2025

Owner of Record	2 Trust Names on File
Co-owner	Co-owner on File
Mailing Address	1320 CHESTNUT HILL DR, WYLIE, TX 75098-6661
Owner Type	Company, Secondary Individual
Vesting	Trust

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 27, 2021	Intrafamily Transfer, Transfer
Feb 25, 2020	Loan Modification, Mortgage BANCORPSOUTH
Oct 31, 2019	Grant Deed, Transfer OTHER
Oct 25, 2019	Loan Modification, Mortgage TEXAS STAR BK
Aug 9, 2017	Grant Deed, Transfer RONAK ASSADI

Assessor's Deed Record

Deed Names	3 Names on Deed
Last Sale	Aug 9, 2017
Deed Sale	Aug 9, 2017
Deed Document Number	0000017606
Last Transfer Date	May 27, 2021
Transfer Doc	0000017610
Record Updated	Jun 8, 2026

May 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	GRAYSON TX
Recording Date	May 27, 2021
Property Address	131 S PRESTON RD, VAN ALSTYNE, TX 75495
Document Number	0000017610
Instrument Date	May 13, 2021
Instrument	2021-00017610
Transaction Type	Transfer
Record Updated	Jun 7, 2023

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	2421 CRESTVIEW DR, MCKINNEY, TX 75071-2849

February 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	GRAYSON TX
Property Address	131 S PRESTON RD, VAN ALSTYNE, TX 75495
Document Number	0000005138
Instrument Date	Feb 25, 2020
Transaction Type	Mortgage
Record Updated	Mar 11, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	131 S PRESTON RD VAN ALSTYNE TX 75495, VAN ALSTYNE, TX 75495

Mortgage

Document Number	0000005138
Date	Feb 28, 2020
Instrument	5138

Lender

Name	BANCORPSOUTH
Type	Bank
Address	VAN ALSTYNE, TX 75495

Agreement

Amount	Amount on Record
Term	120 Months
Due	Feb 27, 2030

October 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	GRAYSON TX
Recording Date	Oct 31, 2019
Property Address	131 S PRESTON RD, VAN ALSTYNE, TX 75495
Document Number	0000026408
Instrument Date	Oct 28, 2019
Instrument	26408
Transaction Type	Transfer
Record Updated	Nov 19, 2019
Title Company	OTHER

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1320 CHESTNUT HILL DR WYLIE TX 750986661, WYLIE, TX 75098-6661

October 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	GRAYSON TX
Property Address	131 S PRESTON RD, VAN ALSTYNE, TX 75495
Document Number	0000014978
Instrument Date	Oct 25, 2019
Transaction Type	Mortgage
Record Updated	Nov 16, 2020
Title Company	LAWYERS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	131 S PRESTON RD VAN ALSTYNE TX 75495, VAN ALSTYNE, TX 75495

Mortgage

Document Number	0000014978
Date	Jun 19, 2020
Instrument	14978

Lender

Name	TEXAS STAR BK
Type	Bank
Address	VAN ALSTYNE, TX 75495

Agreement

Amount	Amount on Record

Interest

Rate	6%

August 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	GRAYSON TX
Recording Date	Aug 9, 2017
Property Address	131 S PRESTON RD, VAN ALSTYNE, TX 75495
Document Number	0000017606
Instrument Date	Jul 27, 2017
Instrument	17606
Transaction Type	Transfer
Record Updated	Dec 7, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	37 BURR ST HARTFORD CT 061072505, HARTFORD, CT 06107-2505

Mortgage

Document Number	17607
Date	Aug 9, 2017
Instrument	17607

Lender

Name	RONAK ASSADI
Address	7753 GOFORTH CIR, DALLAS, TX 75238-4120
Special Notes	Seller Financed

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

Source: Grayson County assessment roll, as of August 1, 2025

Property Jurisdictions

Type	Name
State	Texas
County	Grayson County
Municipality	Van Alstyne City
Unified School District	Van Alstyne Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$88,214 Land $17,531 Building $70,683	$88,214 Land $17,531 Building $70,683
2024	$1,965.00
2023		$77,188 Land $17,531 Building $59,657	$77,188 Land $17,531 Building $59,657
2022	$1,872.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 131 S Preston Rd in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2015.

Source: FEMA National Flood Hazard Layer, effective October 13, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	1 (2015)
Claims Outside the SFHA	1 of 1
Most Recent Claim	May 2015 · Severe Storms, Tornadoes, Straight-line Winds And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 131 S Preston Rd is low, with a 0.03% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 66% of the US · lower than 90% of Texas
Wildfire Likelihood	0.03% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF VAN ALSTYNE serves 10,644 people · EPA ID TX0910009
Water Source	Purchased surface water from GREATER TEXOMA UTILITY AUTHORITY
Last State Inspection	Jul 2023
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	25 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 239 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	5,000 / 5,000
Sparklight Cable	1,000 / 50
Rise Broadband Fixed Wireless	500 / 100
Verizon Fixed Wireless	300 / 20

May also be available: Nextlink, Point Broadband.

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