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For sale
  • Price cut: $151K (7/21)
    $1,949,000

    137 County Road 3351, Paradise, TX 76073

    12beds
    3,500sqft
    : 
    $13,579/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2020
    -- sqft lot
    $1,851,400 Zestimate®
    $557/sqft
    $-- HOA

    What's special

    Dedicated media roomPrivacy and peaceful settingSpacious main home
    **Get paid to live in Paradise — Beautiful Home + Immediate Income Opportunity** Rare opportunity to own a stunning 3,500 square foot home on almost 3 beautiful acres in Paradise — complete with built-in income-producing property already in place. This spacious main home features 4 bedrooms, 3 bathrooms, and a dedicated media room, offering plenty of space for comfortable living and entertaining. Enjoy the privacy and peaceful setting while benefiting from an exceptional investment opportunity right outside your door. The property also includes 3 duplexes (6 total rental units) currently generating approximately $97,000 per year in income. With 100% occupancy & leases already in place, cash flow begins immediately at closing. Whether you're looking for a homestead with supplemental income, a multi-family investment, or the chance to offset your mortgage entirely, this property delivers. You can literally get paid to live there. Properties offering this combination of lifestyle, land, and reliable income are extremely hard to find.
    68 days
    |
    115
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Allred 0758007 817-905-8334,

    Compass RE Texas, LLC 682-226-6938,

    Tommy Pistana 0621307 214-801-9220,

    Compass RE Texas, LLC

    Source: NTREIS,MLS#: 21270049

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 9
      • Full bathrooms: 9
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Microwave, Water Softener, Tankless Water Heater
      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)
      • Flooring: Carpet, Concrete, Luxury Vinyl Plank, Tile
      • Number of fireplaces: 1
      • Fireplace features: Propane
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Gravel
      • Carport spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Pool features: None
      Lot
      • Size: 2.82 Acres
      Details
      • Parcel number: 797710

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Board & Batten Siding, Metal Siding, Rock, Stone
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2020

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Electricity Connected, Propane, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Gillespie Add
      HOA
      • Has HOA: No
      Location
      • Region: Paradise

      Financial & listing details

      • Price per square foot: $557/sqft
      • Annual tax amount: $10,398
      • Date on market: 5/21/2026
      • Cumulative days on market: 69 days
      • Listing terms: Cash,1031 Exchange
      • Exclusions: TVs & Mounts in main home

        Estimated market value

        $1,851,400

        $1.76M - $1.94M

        $1,681/mo

        Price history

        DateEventPrice
        7/21/2026Price change$1,949,000-7.2%$557/sqft
        Source: NTREIS #21270049 Report a problem
        5/21/2026Listed for sale$2,100,000$600/sqft
        Source: NTREIS #21270049 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76073

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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