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.
For sale
Price cut: $196K (7/17)
$1,799,000
114 Ash St, Paradise, TX 76073
20beds
9,999sqft
Multi Family, Apartment
Built in 2020
-- sqft lot
$1,637,800 Zestimate®
$180/sqft
$-- HOA
What's special
Elegant finishesExtra half bathsGranite countertopsPrivacy fenced backyardsHardwood and tile finishesLarge walk-in closetsElegant lighting
- 339 days
- 84
- 3
Zillow last checked:
Listing updated:
Listed by:
Shari Guess 0562364 940-399-3900,
Buy Wise Real Estate 940-399-3900,
Brandon Scott 0505018 817-703-4653,
Scottco Realty Group LLC
Source: NTREIS,MLS#: 21071514
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 19
- Full bathrooms: 17
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater
Features
- Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained
- Windows: Bay Window(s), Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 9,999
- Total interior livable area: 9,999 sqft
Video & virtual tour
Property
Parking
- Total spaces: 16
- Parking features: Attached Carport, Assigned, Asphalt, Covered, Carport, Driveway, Garage Faces Front, Kitchen Level
- Attached garage spaces: 8
- Carport spaces: 4
- Covered spaces: 12
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Other, Rain Gutters
- Pool features: None
- Fencing: Back Yard,Cross Fenced,Fenced,Privacy,Wood
Lot
- Size: 1.58 Acres
- Features: Acreage, Agricultural, Back Yard, Cleared, Backs to Greenbelt/Park, Interior Lot, Lawn, Landscaped, Level, Other
Details
- Parcel number: 770803
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Board & Batten Siding, Fiber Cement
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Other, Septic Available, See Remarks, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Original Town Paradise
HOA
- Has HOA: No
Location
- Region: Paradise
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $753,295
- Annual tax amount: $13,177
- Date on market: 9/27/2025
- Cumulative days on market: 341 days
- Listing terms: Cash,Conventional,1031 Exchange,See Agent
- Road surface type: Asphalt
Estimated market value
$1,637,800
$1.56M - $1.72M
$1,222/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $1,799,000-9.8%$180/sqft |
Source: NTREIS #21071514 Report a problem | ||
| 12/8/2025 | Price change | $1,995,000-0.3%$200/sqft |
Source: NTREIS #21071514 Report a problem | ||
| 9/27/2025 | Listed for sale | $2,000,000$200/sqft |
Source: NTREIS #21071514 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,848 -5.9% | $753,295 -5.3% |
| 2024 | $14,709 +5.7% | $795,398 -0.6% |
| 2023 | $13,914 | $799,909 +332.9% |
| 2022 | -- | $184,775 +14.8% |
| 2021 | $3,243 +1.5% | $161,000 +1.5% |
| 2020 | $3,194 +34.5% | $158,570 +39.8% |
| 2019 | $2,374 +22% | $113,430 +22% |
| 2018 | $1,946 +8.4% | $92,970 +9.6% |
| 2017 | $1,795 | $84,860 +3% |
| 2016 | -- | $82,370 -1% |
| 2015 | -- | $83,190 -1.4% |
| 2014 | -- | $84,330 |
| 2013 | -- | $84,330 -1.3% |
| 2012 | -- | $85,460 -9.6% |
| 2011 | -- | $94,520 +3% |
| 2010 | -- | $91,800 -5.6% |
| 2009 | -- | $97,280 +5.1% |
| 2008 | -- | $92,590 +15.9% |
| 2007 | -- | $79,860 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76073
Nearby schools
Schools provided by the listing agent
- Elementary: Paradise
- Middle: Paradise
- High: Paradise
- District: Paradise ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
