Paradise, Texas Rental Property
114 Ash Street, Paradise, TX 76073
Apartment - Paradise, TX
Type:Apartment
Property size:
9,999 SFLot size:
1.58 AcresPrice / SF:
$199/SF- Added:
- Dec 8, 2025
- Days on Market:
- 164
- Last Refresh:
- May 21 at 3:06 pm
Property Features for 114 Ash Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 20
- Bathrooms
- 19
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 16
- Parking features
- Assigned, Carport, Covered, Driveway, Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-in Closet(s)
- Exterior features
- Covered Patio/Porch, Rain Gutters, Other, Fence
- Fencing
- Fenced
- Appliances
- Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 770803
- Size
- 9,999 SF
- Lot size
- 1.58 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 2020
- Floors in Building
- 1
- Flooring type
- Carpet, Tile, Tile - Ceramic, Vinyl
- Building materials
- Board & Batten Siding, Fiber Cement
- Roof type
- Composition
- Architectural style
- Other
Listing agent Shari Guess License #0562364 (817) 764-9996
Listing office Buy Wise Real Estate P.O. Box 972, Decatur, TX (940) 399-3900
Listing date Dec 8, 2025
MLS# 21071514
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Entire rental property portfolio with near full occupancy, providing immediate cash flow and an alluring cap rate.
- Mostly new and updated properties built in 2020, minimizing immediate maintenance concerns.
- Located in Paradise, Texas, a fast‑growing town in Wise County with A‑Rated schools.
- Includes a mix of property types: duplex, townhomes with garages and fenced yards, and single‑family residences.
- High‑end finishes throughout, including granite countertops, hardwood and tile flooring, and elegant lighting.
- Opportunity for further development with existing plans for quadplexes on adjacent land (MLS#21072318).
Overview
This is an entire rental property portfolio offered for sale on Ash Street in Paradise, Texas. The portfolio consists of five separate structures. These include a duplex with two units, each featuring two bedrooms, two bathrooms, and a two-car carport. There are also two townhomes, each with three bedrooms, two bathrooms, elegant finishes, privacy-fenced backyards, and two-car garages; one of these townhome units also features extra half baths in each unit. Additionally, there is a single-family residence with one bedroom and one bathroom, and a single-family residence with three bedrooms and two bathrooms that is currently under full renovation, down to the studs, and ready for drywall. The properties include granite countertops, hardwood and tile finishes, large walk-in closets, and elegant lighting and fixtures. Paradise, Texas is one of Wise County's fastest-growing towns with A-rated schools. The portfolio has a cash flow and cap rate. The lot size is 1.58 acres. There is an option for an additional single-family residence and 1.959 acres across the street at 102 N. Mesquite St. Plans exist for multiple quadplexes in this location, or a new owner can build to suit. The seller is a builder and developer and willing to bid or build anything a new owner desires. Full financials and additional photos are available upon request.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Wise
- State
- Texas
- Longitude
- -97.687744
- Latitude
- 33.154983
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Rental property portfolio with near full occupancy in Paradise, Texas.
Where is this duplex located?
The property is located at 114 Ash Street Paradise, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Entire rental property portfolio with near full occupancy, providing immediate cash flow and an alluring cap rate.; Mostly new and updated properties built in 2020, minimizing immediate maintenance concerns.; Located in Paradise, Texas, a fast‑growing town in Wise County with A‑Rated schools.
