137 COUNTY ROAD 3351, PARADISE, TX 76073
Homes for sale in Paradise.
Homes for sale in 76073.
List Price$1,949,000
137 County Road 3351
Paradise, TX 76073
Listing #21270049
About This Property
Rare opportunity to own a private residence AND established income-producing property on 2.82 acres in Paradise! The property features a beautiful 3,500-square-foot main home built in 2021, plus three separate duplexes offering six rental units and approximately 4,680 additional square feet of living space. The duplexes currently generate $97,200 in annual gross rental income, providing a unique opportunity to enjoy country living while producing substantial rental income on the same property. The main residence offers 4 bedrooms, 3 bathrooms, spacious living areas, a fireplace, vinyl plank flooring and two tankless water heaters. The rental portfolio consists of two 2-bedroom units and four 1-bedroom units, each with its own living space. All three duplex buildings feature tankless water heaters. The property is served by a private well with water softener and 1,000-gallon storage tank. With approximately 8,180 square feet of combined residential space, six income-producing units and a newer primary residence, this property offers incredible flexibility for an owner-occupant, investor, multi-generational living or anyone looking to combine home and income in one unique property. Conveniently located in Paradise with easy access to Decatur and the greater DFW area.
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
9
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.)
8,180
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
Year Built
2020
Exclusions
TVs & Mounts in main home
Status
Active
Lot Acres Source
Assessor
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Mortgage Calculator
$9,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,023
Monthly Tax
$1,624
Monthly Insurance
$454
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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