131 COUNTY ROAD 3351, PARADISE, TX 76073
Homes for sale in Paradise.
Homes for sale in 76073.
List Price$2,100,000
131 County Road 3351
Paradise, TX 76073
Listing #21270049
About This Property
**Get paid to live in Paradise -- Beautiful Home + Immediate Income Opportunity** Rare opportunity to own a stunning 3,500 square foot home on almost 3 beautiful acres in Paradise -- complete with built-in income-producing property already in place. This spacious main home features 4 bedrooms, 3 bathrooms, and a dedicated media room, offering plenty of space for comfortable living and entertaining. Enjoy the privacy and peaceful setting while benefiting from an exceptional investment opportunity right outside your door. The property also includes 3 duplexes (6 total rental units) currently generating approximately $97,000 per year in income. With 100% occupancy & leases already in place, cash flow begins immediately at closing. Whether you're looking for a homestead with supplemental income, a multi-family investment, or the chance to offset your mortgage entirely, this property delivers. You can literally get paid to live there. Properties offering this combination of lifestyle, land, and reliable income are extremely hard to find.
Property Features
Location Information
County
Wise
Subdivision
Gillespie Add
Interior Features
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
Cooling
Central Air
Full Baths
6
Floors
Carpet, Concrete, Luxury Vinyl Plank, Tile
Has Fireplace
Yes
Appliances
Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Microwave, Water Softener, Tankless Water Heater
Number of Fireplaces
1
Total Number of Units
6
Heating
Central
Exterior Features
Stories
2
Patio / Deck Description
Covered
Construction
Board & Batten Siding, Metal Siding, Rock, Stone
Pool Description
None
Foundation
Slab
Lot Size in Acres
2.82
Roof
Metal
Lot Size in Sq. Ft.
122,839
Utilities
Electricity Available, Electricity Connected, Propane, Septic Available, Water Available
Buildings
4
Parking Description
Gravel
Building Total Area (Sq. Ft.)
3,500
Garage Spaces
0
Is One Story
No
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
10398.0
Property SubType
Duplex
Exclusions
TVs & Mounts in main home
Year Built
2020
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$9,807
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,567
Monthly Tax
$1,750
Monthly Insurance
$490
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
Listing courtesy of
Brittany Allred, Compass RE Texas, LLC
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NTREIS - North Texas data last updated at May 22, 2026, 6:51 PM CT
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