Property Details:
- County or Parish
- Wise
- Lot Size
- 5 to < 10 Acres
- Lot Size (Acres)
- 5.0000
- Lot Size Area
- 5.0000
- Lot Size (Square Feet)
- 217800.0000
- Association Type
- None
School Information:
- School District
- Paradise ISD
- Elementary School
- Paradise
- Intermediate School
- Paradise
- Middle School
- Paradise
- High School
- Paradise
Interior Information:
- Appliances
- Electric Range
- Fireplaces Total
- 0
- Interior Features
- Cable TV Available
Exterior Information:
- Lot Size
- 5 to < 10 Acres
- Acres
- 5.0000
- Pool
- No
- Waterfront
- No
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21137068
528 Stonegate Drive
Paradise, Texas
$480,000
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Type: Residential
Beds: 3 Baths: 1.00 Living: 1 Dining: 0
SqFt: 2,488 Year Built: 1983
Remarks: 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.
Active
Listed by: Teresa Von Illyes
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321