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

Paradise, TX, 76073
$ 1,949,000
Bedrooms12 Baths9.0 Sq 8,180

Monthly Estimate*

$ 12,306

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Multi-Family Home for sale in Paradise, TX

for $1,949,000 with 12 bedrooms and 9 full baths. This 8,180 square foot home was built in 2020 on a lot size of 2.82.

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.

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Multi-Family Active

Price

$ 1,949,000

Bedrooms

12

Full Bath

9

Property Type

Multi-Family

Taxes

$ 10,398

Style

Multiple Single Units

Lot Size

2.82

Year Built

2020

Town/City

Paradise

County/Region

Wise

MLS | Web ID

21270049

Features
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)
Flooring Carpet Concrete Luxury Vinyl Plank Tile
Total Units 6
Half Baths 0
Total Bedrooms 12
Total Baths 9
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General
Heating Central
Complex Name SPJ Properties
Cooling Central Air
Utilities Co-op Electric Electricity Connected Propane Septic Well
Possession Negotiable
Roof Metal
Appliances Dishwasher Electric Oven Electric Range Gas Cooktop Microwave Tankless Water Heater Water Softener
Number of Garage Spaces 0
School District Paradise ISD
Pool Y/N 0
Exclusions TVs & Mounts in main home
Year Built 2020
Levels Two
Property Subtype Multiple Single Units
Subdivision Name Gillespie Add
Occupant Type Owner
County Wise
Property Type Residential Income
Construction Materials Board & Batten Siding Metal Siding Rock/Stone
Year Built Details Preowned
HOA Type None
# of Buildings 4
Full Baths 9
Status Active
Directions 114 W L Olde Towne Rd L Schoolhouse Rd R Sunflower Rd L Sunflower Rd. L CR 3351 property on the left
City Paradise
Elementary School Name Paradise
High School Paradise
Elementary School Paradise
Standard Status Active
Listing Terms 1031 Exchange Cash
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Exterior
Waterfront 0
Lot Size Source Assessor
Parking Features Gravel
Foundation Slab
Building Area Total 8180.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 137
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* Excluded Features
List By
Brittany Allred

Listing Agent

Compass Re Texas, Llc

Broker

Affordability Calculator

$13,173
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,306
Monthly Property Taxes
$867
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/21/2026$1,949,000 -7.19% Price Down
5/21/2026$2,100,000 Listed Price

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137 County Road 3351, Paradise, TX, 76073 is a Multi-Family Home for sale at $1,949,000 with 8,180 sqft and a lot size of 2.82. 137 County Road 3351 has 12 bedrooms, 9.0 baths, and was built in 2020. The property's zip code is 76073 which is in Paradise, TX