137 County Road 3351, Paradise, TX 76073
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137 County Road 3351, Paradise, TX 76073
137 County Road 3351, Paradise, TX 76073
137 County Road 3351, Paradise, TX 76073
137 County Road 3351, Paradise, TX 76073
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$ 1,949,000
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137 County Road 3351 Paradise, TX 76073

12 Beds

9 Baths

8,180 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,180 sqft

Price per Sqft $238

Subdivision Gillespie Add

MLS Listing ID 21270049

Bedrooms 12

Full Baths 9

Construction Status Resale

HOA Y/N No

Year Built 2020

Annual Tax Amount $10,398

Lot Size 2.820 Acres

Acres 2.82

Property Description

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.

Location

State TX

County Wise

Direction 114 W, L Olde Towne Rd, L Schoolhouse Rd, R Sunflower Rd, L Sunflower Rd., L CR 3351, property on the left

Interior

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

Heating Central

Cooling Central Air

Flooring Carpet, Concrete, Luxury Vinyl Plank, Tile

Fireplaces Number 1

Fireplaces Type Propane

Fireplace Yes

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

Exterior

Parking Features Gravel

Carport Spaces 2

Pool None

Utilities Available Electricity Available, Electricity Connected, Propane, Septic Available, Water Available

Water Access Desc Well

Roof Type Metal

Porch Covered

Total Parking Spaces 8

Garage No

Private Pool No

Building

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Paradise

Middle Schools Paradise

High Schools Paradise

School District Paradise Isd

Others

Tax ID 797710

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21270049


Chris Fetrow

Chris Fetrow

Realtor, Team Leader License ID: 0700444

+1(214) 682-8276

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137 County Road 3351