Active

114 Ash Street

Paradise, Texas 76073

$1,995,000 $8,411/Mo

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Overview

Bed

Bath

9,999

Sqft

1.58

Acres(Lot)

Description

ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.

Property Details

Property Type : Residential Income

Price : $1,995,000

AD Id : 70600637

MLS Id : 540791637

Beds : 20

Lot Size : 1.58 Acres

Living Area Size : 9,999

Year Built : 2020

Garage : 8

County : Wise

Subdivision: Original Town Paradise

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 20 Window Features: Bay Window(s),Window Coverings

Bathroom Information

Total Baths: 17.5 Full Baths: 17 Half Baths: 2
Interior Features

Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator,Tankless Water Heater

Utilities

Aerobic Septic,All Weather Road,Asphalt,City Water,Electricity Available,Electricity Connected,See Remarks,Other
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2020 Building Area Total: 9,999 Construction: Board & Batten Siding,Fiber Cement Roof Type: Composition
Exterior Features

Covered Patio/Porch,Rain Gutters,Other

Foundation

Pillar/Post/Pier,Slab

Security Features

Smoke Detector(s)
Patio And Porch

Covered

Fencing

Back Yard,Cross Fenced,Fenced,Privacy,Wood

Construction Materials

Board & Batten Siding,Fiber Cement

Lot Information

Lot Size (Acr): 1.5800 Lot Size Units: Acres Lot Size Square Feet: 68,825 Lot Size Source: Appraiser Lot Features: Acreage,Adjacent to Greenbelt,Agricultural,Cleared,Interior Lot,Landscaped,Level,Lrg. Backyard Grass,Other
Property Information

SQ ft (Living Area): 9,999 Property Type: Residential Income Property Sub Type: Apartment Subdivision: Original Town Paradise City: Paradise State: Texas Directions: GPS Friendly. From Highway 114 in Paradise, turn North on 3259 and then left on Ash Street. Properties line the right side of the street, beginning after the first home. Property Status: Active Levels: One Property Age: 6 Year Built Details: Preowned

Listing Price Information

Original List Price: $1,995,000 List Price Tot SqFt: $200
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 770803 Tax Block: 29 Tax Legal Description: LT: 1-10 BLK: 29 ORIGINAL TOWN PARADISE 0.551 Tax Lot: 1 Unexempt Taxes: $13,177

Parking Information

Has Garage Garage Space: 8 Carport Spaces: 4 Parking: 16 Parking Features: Asphalt,Assigned,Attached Carport,Carport,Covered,Driveway,Garage Faces Front,Kitchen Level
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Paradise Middle School: Paradise High School: Paradise School District: Paradise ISD
Utility Information

Utilities: Aerobic Septic,All Weather Road,Asphalt,City Water,Electricity Available,Electricity Connected,See Remarks,Other

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
202 County Road 3470, Paradise, TX, 76073	$898,000	4	3	2,694	2,694 SqFt
112 Trumpet Court, Paradise, TX, 76073	$465,000	4	5	2,550	2,550 SqFt
505 Spring Valley Road, Paradise, TX, 76073	$899,000	4	3	3,108	3,108 SqFt

Similar Apartment To 114 Ash Street

Nearby For Sale

Active

$898,000

Apartment For Sale

202 County Road 3470,
Paradise, TX, 76073

Bed

Bath

Sqft

Acres(Lot)

114 Ash Street,
Paradise, TX, 76073

Bed

Bath

Sqft

Acres(Lot)

505 Spring Valley Road,
Paradise, TX, 76073

Bed

Bath

Sqft

Acres(Lot)

112 Trumpet Court,
Paradise, TX, 76073

Bed

Bath

2,550

Sqft

Acre(Lot)

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/14/2026 @ 04:12

MLS: 540791637 LISTED BY: Shari Guess, Buy Wise Real Estate 940-399-3900 SOURCE: NTREIS - North Texas Real Estate Information