137 COUNTY ROAD 3351, PARADISE, TX 76073

Homes for sale in Paradise.

Homes for sale in 76073.


Active

List Price$1,949,000

137 County Road 3351

Paradise, TX 76073

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Listing #21270049

12

Bedrooms

9 full

Bathrooms

8,180

Square Feet

6

Number of Units

Multi-Unit Residential

Type

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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