About this home

ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.

Facts and features

Schools

• Paradise High School

  high · 9-12 · 0.8 mi

  6

• Paradise Middle School

  middle · 6-8 · 0.8 mi

  6

• Paradise Intermediate School

  elementary · 4-5 · 0.8 mi

  6

• Paradise Elementary School

  elementary · K-3 · 0.9 mi

  5

Price history

• Jul 17, 2026 · Price Changed$1,799,000
• Dec 8, 2025 · Price Changed$1,995,000
• Sep 27, 2025 · Listed$2,000,000

Tax history

• 2026$13,865 tax · $751,063 assessed
• 2025$13,177 tax · $753,295 assessed
• 2023$13,913 tax · $799,909 assessed
• 2022$3,521 tax · $184,775 assessed
• 2021$3,068 tax · $161,000 assessed
• 2020$3,194 tax · $158,570 assessed
• 2019$2,283 tax · $113,430 assessed
• 2018$1,946 tax · $92,970 assessed

Home value

$1,681,000

• Cotality$1,681,000
• Quantarium$1,770,474

Where it is