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$480,000

Est. payment - /mo

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3 Beds

1 Bath

2,488 SqFt

Active

528 Stonegate Drive Paradise, TX 76073

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Mobile Home

Sub Type Mobile Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,488 sqft

Subdivision Stonegate Park

MLS Listing ID 21137068

Bedrooms 3

Full Baths 1

HOA Y/N None

Year Built 1983

Annual Tax Amount $3,833

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Mobile Home

Property Description

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 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.

Location

State TX

County Wise

Direction GPS WORKS BEST FROM YOUR LOCATION

Rooms

Dining Room 0

Interior

Interior Features Cable TV Available

Appliance Electric Range

Exterior

Utilities Available Septic, Well

Garage No

Building

Story One

Level or Stories One

Schools

Elementary Schools Paradise

Middle Schools Paradise

High Schools Paradise

School District Paradise Isd

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21137068

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Teresa Von Illyes • AmeriPlex Realty, Inc.