114 ASH STREET, PARADISE, TX 76073
Homes for sale in Paradise.
Homes for sale in 76073.
114 Ash Street
Paradise, TX 76073
List Price$1,995,000
Listing #21071514
About This Property
ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.
Property Features
Location Information
County
Wise
Subdivision
Original Town Paradise
Interior Features
Interior
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating
Central, Electric
Full Baths
17
Cooling
Central Air, Ceiling Fan(s), Electric
1/2 Baths
2
Floors
Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater
Number of Fireplaces
0
Total Number of Units
8
Exterior Features
Stories
1
Patio / Deck Description
Covered
Construction
Board & Batten Siding, Fiber Cement
Pool Description
None
Exterior
Other, Rain Gutters
Lot Description
Acreage, Agricultural, Back Yard, Cleared, Backs to Greenbelt/Park, Interior Lot, Lawn, Landscaped, Level, Other
Foundation
Pillar/Post/Pier, Slab
Lot Size in Acres
1.58
Roof
Composition
Lot Size in Sq. Ft.
68,824
Water / Sewer
Electricity Available, Electricity Connected, Other, Septic Available, See Remarks, Water Available
Buildings
5
Utilities
Electricity Available, Electricity Connected, Other, Septic Available, See Remarks, Water Available
Building Total Area (Sq. Ft.)
9,999
Security System
Smoke Detector(s)
Road Description
All Weather Road, Asphalt
Parking Description
Attached Carport, Assigned, Asphalt, Covered, Carport, Driveway, Garage Faces Front, Kitchen Level
Is One Story
Yes
Has Garage
Yes
Lot Description
Acreage, Agricultural, Back Yard, Cleared, Backs to Greenbelt/Park, Interior Lot, Lawn, Landscaped, Level, Other
Garage Spaces
8
Windows Description
Bay Window(s), Window Coverings
Fencing
Back Yard, Cross Fenced, Fenced, Privacy, Wood
School
Elementary School District
Paradise ISD
Jr. High School
Paradise
Elementary School
Paradise
High School
Paradise
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
13177.0
Property SubType
Apartment
Documents Available
Aerial, Survey
Year Built
2020
Lot Acres Source
Appraiser
Status
Active
Similar Listings
Mortgage Calculator
$9,316
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,189
Monthly Tax
$1,662
Monthly Insurance
$465
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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