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    820 Crk 3592 Paradise, TX 76073

    For Sale
    $900,000

    5-Acre Winery w/ Shop & Pond

    Property size:
    2,442 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2,442 sq ft country retreat, nestled on 5 acres just 28 miles from Fort Worth, presents endless possibilities. The charming 3-bedroom, 2-bathroom home boasts a wraparound porch, updated kitchen and bathrooms featuring granite countertops, and modern amenities throughout. The property's versatility is unparalleled, ideally suited for a home-based business, VRBO, bed and breakfast, wedding venue, trade day events, or any entrepreneurial venture. A significant asset is the 48x60 fully insulated shop, complete with central heating and air conditioning. Outdoor features include a picturesque pond, a private well, and six septic tanks, ensuring ample capacity. Two RV hookups, one with sewer, are equipped with 50-amp service. Currently operating as a successful winery producing award-winning wines (available for purchase), the property offers significant acreage for vineyard expansion. The substantial infrastructure and existing business provide a turnkey opportunity for immediate income generation and future growth. This unique property offers a blend of comfortable living and lucrative business potential, making it a truly exceptional investment.

    Property Features for 820 Crk 3592

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,442 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    1987
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paradise
    County
    Wise
    State
    Texas
    Longitude
    -97.67963
    Latitude
    33.04749

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    FAQs

    What type of property is this?
    Commercial real estate - 5-Acre Winery w/ Shop & Pond
    Where is this commercial real estate located?
    The property is located at 820 Crk 3592 Paradise, TX.
    What is the asking price?
    The asking price for this property is $900,000.
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    820 Crk 3592 Paradise, TX 76073
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    Realmo Value Estimation

    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.

    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.

    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
    820 Crk 3592 Paradise, TX 76073
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