8 Beds
6 Baths
3,500 SqFt
8 Beds
6 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Subdivision Gillespie Add
MLS Listing ID 21270049
Bedrooms 8
Full Baths 6
HOA Y/N None
Total Fin. Sqft 3500
Year Built 2020
Annual Tax Amount $10,398
Lot Size 2.820 Acres
Acres 2.82
Property Sub-Type Duplex
Property Description
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.
Location
State TX
County Wise
Direction 114 W, L Olde Towne Rd, L Schoolhouse Rd, R Sunflower Rd, L Sunflower Rd., L CR 3351, property on the left
Interior
Interior Features Built-in Features, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Concrete, Luxury Vinyl Plank, Tile
Fireplaces Number 1
Fireplaces Type Propane
Appliance Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Microwave, Tankless Water Heater, Water Softener
Heat Source Central
Exterior
Carport Spaces 2
Utilities Available Co-op Electric, Electricity Connected, Propane, Septic, Well
Roof Type Metal
Total Parking Spaces 2
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Board & Batten Siding,Metal Siding,Rock/Stone
Schools
Elementary Schools Paradise
Middle Schools Paradise
High Schools Paradise
School District Paradise Isd
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21270049
Nearby Locations
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