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    884 County Road 3555 Paradise, TX 76073

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    Claim this Listing
    For Sale
    $1,150,000

    Contemporary/Modern,Ranch,Traditional, Farm/Ranch - Paradise, TX

    Type:Farm
    Property size:
    2,861 SF
    Lot size:
    11.17 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 19 at 1:06 am

    Property Features for 884 County Road 3555

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Garage, Gated, RV
    Interior features
    Granite Counters
    Exterior features
    Rain Gutters, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Standard status
    Active
    APN
    783322
    Size
    2,861 SF
    Lot size
    11.17 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air
    Water front features
    Creek

    Building Details

    Year built
    2009
    Floors in Building
    2
    Flooring type
    Carpet, Tile, Tile - Ceramic, Wood
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Felipe Ramirez

    Listing agent Felipe Ramirez License #0500953

    Listing office Felipe's Realty PO BOX 181, Arlington, TX

    Listing date Feb 27, 2026

    MLS# 20890189 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.

    Overview

    Texas Ranch with Modern Home

    This 11+ acre ranch property offers a peaceful rural lifestyle. It includes two ponds and an operable water well system with multiple lines, suitable for livestock and plants. The frontage line is secured with metal guard fencing. The ranch-style home features three full bathrooms and a large game room upstairs that can be converted into a fourth bedroom. A wraparound porch and covered patio enhance the living space. A 30x40 metal workshop, built on a concrete slab, provides ample space for RVs, boats, and recreational gear. This property is located in Paradise, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Wise
    State
    Texas
    Longitude
    -97.74458
    Latitude
    33.093754

    Nearby Similar for Sale

    • $950,000
      3,093 SF

      Remodeled Farmhouse on Usable Acreage

      Remodeled home on nearly 10 acres with versatile shop space.
      601 County Road 3525, Paradise, TX 76073
      View Details
    • $898,000
      2,694 SF

      Paradise Ranch with Equestrian Facilities

      16-acre ranch featuring a 4-bedroom home and equestrian facilities.
      202 County Road 3470, Paradise, TX 76073
      View Details
    • $879,900
      4,327 SF

      Turnkey Hobby Ranch with Luxury Farmhouse

      Unique working ranch designed for the true cowboy and equestrian.
      340 County Road 3336, Paradise, TX 76073
      View Details
    • $1,995,000
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      Paradise, Texas Rental Property Portfolio

      Rental property portfolio with near full occupancy in Paradise, Texas.
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      View Details

    FAQs

    What type of property is this?
    Ranch - 11+ acre ranch featuring ponds, workshop, and modern home.
    Where is this ranch located?
    The property is located at 884 County Road 3555 Paradise, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 11+ acre ranch property with 2 ponds and operable water well system.; 30x40 metal workshop with concrete slab for RVs, boats, and recreational gear.; Ranch‑style home with three full bathrooms and a large game room (potential 4th bedroom).
    (682) 503-1598
    We can help!
    Listing Contact
    Felipe Ramirez
    Real Estate License ID: 0500953
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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