Active

137 County Road 3351

Paradise, Texas 76073

$2,100,000 $8,853/Mo

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Overview

Bed

Bath

3,500

Sqft

2.82

Acres(Lot)

Description

**Get paid to live in Paradise — Beautiful Home + Immediate Income Opportunity** 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 supplem ental 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.

Property Details

Property Type : Residential Income

Price : $2,100,000

AD Id : 79024571

MLS Id : 561864817

Beds : 8

Lot Size : 2.82 Acres

Living Area Size : 3,500

Year Built : 2020

County : Wise

Subdivision: Gillespie Add

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8

Bathroom Information

Total Baths: 6 Full Baths: 6 Half Baths: 0
Interior Features

Built-in Features,Decorative Lighting,Double Vanity,Eat-in Kitchen,Granite Counters,Kitchen Island,Natural Woodwork,Open Floorplan,Walk-In Closet(s)

Appliances

Dishwasher,Electric Oven,Electric Range,Gas Cooktop,Microwave,Tankless Water Heater,Water Softener

Utilities

Co-op Electric,Electricity Connected,Propane,Septic,Well
Cooling Features

Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 1 Fireplace Features: Propane

Building Information

Built Year: 2020 Building Area Total: 3,500 Construction: Board & Batten Siding,Metal Siding,Rock/Stone Roof Type: Metal
Foundation

Slab
Patio And Porch

Covered

Construction Materials

Board & Batten Siding,Metal Siding,Rock/Stone

Lot Information

Lot Size (Acr): 2.8200 Lot Size Units: Acres Lot Size Square Feet: 122,839 Lot Size Source: Assessor
Property Information

SQ ft (Living Area): 3,500 Property Type: Residential Income Property Sub Type: Duplex Subdivision: Gillespie Add City: Paradise State: Texas Directions: 114 W, L Olde Towne Rd, L Schoolhouse Rd, R Sunflower Rd, L Sunflower Rd., L CR 3351, property on the left Property Status: Active Exclusions: TVs & Mounts in main home Levels: Two Property Age: 6 Year Built Details: Preowned

Listing Price Information

Original List Price: $2,100,000 List Price Tot SqFt: $600
Listing Information

Possession: Negotiable

Tax Information

Parcel Number: 797710 Tax Legal Description: LOT 22 GILLESPIE ADDN, UNDIVIDED INTEREST 66. Tax Lot: 22 Unexempt Taxes: $10,398

Parking Information

Garage Space: 0 Carport Spaces: 2 Parking: 8 Parking Features: Gravel
Homeowners Association Information

HOA Type: None

School Information

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

Utilities: Co-op Electric,Electricity Connected,Propane,Septic,Well

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ByOwner last updated this listing 06/18/2026 @ 01:24

MLS: 561864817 LISTED BY: Brittany Allred, Compass RE Texas, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information