114 Ash Street Paradise, TX $ 1,995,000
114 Ash Street
$ 1,995,000
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114 Ash Street

Paradise, TX, 76073
$ 1,995,000
Bedrooms20 Baths17.2 Sq 9,999

Monthly Estimate*

$ 12,284

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Multi-Family Home for sale in Paradise, TX

for $1,995,000 with 20 bedrooms and 17 full baths, 2 half baths. This 9,999 square foot home was built in 2020 on a lot size of 1.58.

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.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

20

Full Bath

17

Half Bath

2

Property Type

Multi-Family

Taxes

$ 13,177

Style

Apartment

Lot Size

1.58

Year Built

2020

Town/City

Paradise

County/Region

Wise

MLS | Web ID

21071514

Features
Interior
Interior Features Decorative Lighting Eat-in Kitchen Granite Counters High Speed Internet Available Kitchen Island Open Floorplan Pantry Walk-In Closet(s)
Flooring Carpet Ceramic Tile Luxury Vinyl Plank Painted/Stained Varies
Basement Y/N 0
Total Units 8
Half Baths 2
Total Bedrooms 20
Total Baths 19
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General
Heating Central Electric
Complex Name Ash Street A&O Portfolio
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic All Weather Road Asphalt City Water Electricity Available Electricity Connected See Remarks Other
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave Refrigerator Tankless Water Heater
Number of Garage Spaces 8
School District Paradise ISD
Pool Y/N 0
Year Built 2020
Levels One
Property Subtype Apartment
Subdivision Name Original Town Paradise
Occupant Type Tenant
County Wise
Property Type Residential Income
Construction Materials Board & Batten Siding Fiber Cement
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo Build to Suit Survey Available
# of Buildings 5
Full Baths 17
Status Active
Directions GPS Friendly. From Highway 114 in Paradise turn North on 3259 and then left on Ash Street. Properties line the right side of the street beginning after the first home.
City Paradise
Elementary School Name Paradise
High School Paradise
Elementary School Paradise
Standard Status Active
Listing Terms 1031 Exchange Cash Contact Agent Conventional
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch Rain Gutters Other
Lot Features Acreage Adjacent to Greenbelt Agricultural Cleared Interior Lot Landscaped Level Lrg. Backyard Grass Other
Fencing Back Yard Cross Fenced Fenced Privacy Wood
Lot Size Source Appraiser
Parking Features Asphalt Assigned Attached Carport Carport Covered Driveway Garage Faces Front Kitchen Level
Foundation Pillar/Post/Pier Slab
Building Area Total 9999.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Shari Guess

Listing Agent

Buy Wise Real Estate

Broker

Affordability Calculator

$13,382
Per Month
92%
8%
0%
Monthly Principal & Interest
$12,284
Monthly Property Taxes
$1,098
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288042 Elementary School
3676479 Middle School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,995,000 -0.25% Price Down
9/27/2025$2,000,000 Listed Price

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114 Ash Street, Paradise, TX, 76073 is a Multi-Family Home for sale at $1,995,000 with 9,999 sqft and a lot size of 1.58. 114 Ash Street has 20 bedrooms, 17.2 baths, and was built in 2020. The property's zip code is 76073 which is in Paradise, TX