Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1983
Sq.Footage
2,488
Welcome to Paradise, Texas—where the name truly reflects the setting. This scenic 5-acre, tree-covered property offers a unique opportunity for both investors and future homeowners. The land is lush and green year-round and features two well-maintained mobile homes, both currently producing income. The first home offers 3 bedrooms and 1 bathroom, while the second features 2 bedrooms and 1 bathroom. Both homes have new roofs and are separately metered for electricity, which is paid by the tenants. City water services the property, with usage handled between the tenants, and there are two separate septic systems in place. With no zoning restrictions, this property offers flexibility—continue operating as a rental investment, build a new home, or explore other permitted uses. A county restriction allows one home per 2.5 acres, providing additional development potential. The property currently generates $1,660 in gross monthly rental income, with both tenants on month-to-month leases, offering flexibility for a new owner. Owner financing is available with a substantial down payment at 5% interest for 20 years, making this an attractive opportunity to own acreage in a desirable rural setting.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
5.0
-
Property Type
Residential
-
Property Sub Type
Mobile Home
Price
-
Sales Price
$500,000
-
Tax Amount
3833.0
-
Sq. Footage
2, 488
-
Price/SqFt
$200
HOA
-
Association
No
School District
-
Elementary School
Paradise
-
Middle School
Paradise
-
High School
Paradise
Property Features
-
Sewer
Septic Tank
-
Tax Lot
23
-
Water Source
Well
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Location
County
Wise
Elementary School
Paradise
Middle School
Paradise
High School
Paradise
Listing Courtesy of Teresa Von Illyes , AmeriPlex Realty, Inc.
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