Active

528 Stonegate Drive

Paradise, Texas 76073

$480,000 $2,023/Mo

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Overview

Bed

Bath

2,488

Sqft

Acres(Lot)

Description

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 r estriction 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.

Property Details

Property Type : Residential

Price : $480,000

AD Id : 71436397

MLS Id : 547546670

Beds : 3

Lot Size : 5 Acres

Living Area Size : 2,488

Year Built : 1983

County : Wise

Subdivision: Stonegate Park

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 1 Full Baths: 1 Half Baths: 0
Interior Features

Cable TV Available

Appliances

Electric Range

Utilities

Septic,Well
Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 1983

Lot Information

Lot Size (Acr): 5.0000 Lot Size Units: Acres Lot Size Square Feet: 217,800
Property Information

SQ ft (Living Area): 2,488 Property Type: Residential Property Sub Type: Mobile Home Subdivision: Stonegate Park City: Paradise State: Texas Directions: GPS WORKS BEST FROM YOUR LOCATION. Property Status: Active Exclusions: Minerals, if any. Levels: One Property Age: 43

Listing Price Information

Original List Price: $480,000 List Price Tot SqFt: $193
Listing Information

Possession: 30-60 Days

Tax Information

Parcel Number: 767220 Tax Legal Description: LOT 23 & PT 22 STONEGATE PARK Tax Lot: 23 Unexempt Taxes: $3,833

Parking Information

Carport Spaces: 0 Parking Features: Driveway
Homeowners Association Information

HOA Type: None

School Information

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

Utilities: Septic,Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
197 County Road 3382, Paradise, TX, 76073	$415,000	4	2	2,280	2,280 SqFt

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 06/04/2026 @ 00:34

MLS: 547546670 LISTED BY: Teresa Von Illyes, AmeriPlex Realty, Inc. 817-246-4444 SOURCE: NTREIS - North Texas Real Estate Information