137 County Road 3351, Paradise, TX

$1,949,000

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12

Beds

9

Baths

8,180

Square feet

2.82

Acres

About 137 County Road 3351

Rare opportunity to own a private residence AND established income-producing property on 2.82 acres in Paradise! The property features a beautiful 3,500-square-foot main home built in 2021, plus three separate duplexes offering six rental units and approximately 4,680 additional square feet of living space. The duplexes currently generate $97,200 in annual gross rental income, providing a unique opportunity to enjoy country living while producing substantial rental income on the same property. The main residence offers 4 bedrooms, 3 bathrooms, spacious living areas, a fireplace, vinyl plank flooring and two tankless water heaters. The rental portfolio consists of two 2-bedroom units and four 1-bedroom units, each with its own living space. All three duplex buildings feature tankless water heaters. The property is served by a private well with water softener and 1,000-gallon storage tank. With approximately 8,180 square feet of combined residential space, six income-producing units and a newer primary residence, this property offers incredible flexibility for an owner-occupant, investor, multi-generational living or anyone looking to combine home and income in one unique property. Conveniently located in Paradise with easy access to Decatur and the greater DFW area.

Features of 137 County Road 3351

MLS® # 21270049
Price $1,949,000
Bedrooms 12
Bathrooms 9.00
Full Baths 9
Square Footage 8,180
Acres 2.82
Year Built 2020
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 137 County Road 3351
Subdivision Gillespie Add
City Paradise
County Wise
State TX
Zip Code 76073-3423

Amenities

Utilities Co-op Electric, Electricity Connected, Propane, Septic, Well
Parking Spaces 8
Garages Gravel
Is Waterfront No
Pool On Property No

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
Fireplace Yes
# of Fireplaces 1
Fireplaces Propane

Exterior

Roof Metal
Construction Board & Batten Siding, Rock/Stone, Metal Siding
Foundation Slab

School Information

District Paradise ISD
Elementary Paradise
Middle Paradise
High Paradise

Additional Information

# of Fireplaces 1
Flooring Carpet, Luxury Vinyl Plank, Tile, Concrete
$/LivSqFt $238
Net Income $68,935
Building Sqft 8,180
# Units 6

Listing Details

AgentBrittany Allred
OfficeCompass RE Texas, LLC
Contact Info817-905-8334

Listing Map

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