Welcome to Paradise, Texas where the name truly reflects the setting. This scenic 5-acre, tree-covered property offers a unique opportunity for both investors and future homeowners. The land is lush and green year-round and features two well-maintained mobile homes, both currently producing income.
The first home offers 3 bedrooms and 1… Read More bathroom, while the second features 2 bedrooms and 1 bathroom. Both homes have new roofs and are separately metered for electricity, which is paid by the tenants. City water services the property, with usage handled between the tenants, and there are two separate septic systems in place.
With no zoning restrictions, this property offers flexibility—continue operating as a rental investment, build a new home, or explore other permitted uses. A county restriction allows one home per 2.5 acres, providing additional development potential.
The property currently generates $1,660 in gross monthly rental income, with both tenants on month-to-month leases, offering flexibility for a new owner.
Owner financing is available with a substantial down payment at 5% interest for 20 years, making this an attractive opportunity to own acreage in a desirable rural setting. Read Less
Courtesy of AmeriPlex Realty, Inc., Teresa Von Illyes.
Listing Snapshot
Days Online
249
Last Updated
Property Type
MobileHome
Beds
3
Full Baths
1
Square Ft.
2,488
Lot Size
5 Acres
Year Built
1983
MLS Number
21137068
Additional Details
Appliances & Equipment
ElectricRange
Building
Built in 1983, Living area: 2488.0, Levels: One
Interior Features
CableTv
Lot
5 acres
Parking
Driveway
Pool
None
Sewer
SepticTank
Taxes
Parcel Number: 767220, Annual Amount: $3,833, Legal Description: LOT 23 & PT 22 STONEGATE PARK, Lot: 23
Utilities
SepticAvailable, WaterAvailable, CableAvailable, Water Source: Well
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