114 ASH STREET, PARADISE, TX 76073

Homes for sale in Paradise.

Homes for sale in 76073.


114 Ash Street

Paradise, TX 76073

Active

List Price$1,995,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21071514

20

Bedrooms

17 full, 2 partial

Bathrooms

9,999

Square Feet

8

Number of Units

Multi-Unit Residential

Type

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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