Multifamily Income Property with Land

137 County Road 3351 Paradise, TX 76073

Claim this Listing
New
For Sale
$2,100,000

MULTI_FAMILY - Paradise, TX

Property size:
3,500 SF
Lot size:
2.82 Acres
Price / SF:
$600/SF
Added:
Jul 8, 2026
Days on Market:
3
Last Refresh:
Jul 10 at 1:06 pm

Property Features for 137 County Road 3351

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
9
Rooms
Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 12, Bathroom 4, Bedroom 5, Bathroom 9, Bedroom 4, Bedroom 11, Bathroom 6, Bedroom 9, Bedroom 6, Bedroom 3, Bathroom 8, Bedroom 10, Bathroom 3, Bedroom 1, Bathroom 7
Parking
8
Interior features
BuiltInFeatures, DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, NaturalWoodwork, WalkInClosets
Fireplace
1
Appliances
Dishwasher, ElectricOven, ElectricRange, GasCooktop, Microwave, WaterSoftener, TanklessWaterHeater
Standard status
Active
APN
797710
Size
3,500 SF
Lot size
2.82 Acres

Taxes and HOA fees

Tax Description
LOT 22 GILLESPIE ADDN, UNDIVIDED INTEREST 66.
Tax Annual Amount
10398

Utilities

Utilities
Propane
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well

Building Details

Year built
2020
Floors in Building
2
Number of units
6
Flooring type
Carpet, Vinyl, Concrete, Tile
Building materials
BoardAndBattenSiding, MetalSiding, Rock, Stone
Roof type
Metal

Listing agent Brittany Allred License #0758007

Listing office Compass RE Texas, LLC Dallas, TX

Listing date Jul 8, 2026

MLS# 21270049 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.


Investment Insights

Based on property information with market context.

This for-sale income property combines a large main home with built-in multifamily rentals on 2.82 acres. The main residence offers approximately 3,500 square feet with four bedrooms, three bathrooms, and a dedicated media room, creating room for comfortable living and entertaining. On the same site, there are three duplexes, totaling six rental units, designed to generate ongoing income.

The property is located in Paradise, Wise County, Texas, at 137 County Road 3351. Current reporting indicates 100% occupancy with leases already in place, supporting the opportunity for income to begin right away after closing.

For investors, this structure offers a straightforward way to acquire both a primary-style home and multiple income units in one purchase. For owner-occupants, the layout can support living in the main residence while tenants from the duplexes help offset ownership costs. With the existing occupancy and stated annual income generation, the property may be a compelling fit for buyers seeking a blend of lifestyle space and immediate cash-flow potential.

Key Highlights

  • 3,500 SF home built in 2020 on almost 3 acres in Paradise with a private, peaceful setting
  • Main home features 4 bedrooms, 3 bathrooms, open floorplan, dedicated media room, and kitchen island
  • Income property includes 3 duplexes (6 total rental units) with 100% occupancy and leases in place

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Accounting Firm Spa & Massage Center

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

FAQs

What type of property is this?
Apartment building - Includes a spacious home plus three duplexes, providing immediate rental income with 100% occupancy at sale time.
Where is this apartment building located?
The property is located at 137 County Road 3351 Paradise, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3,500 SF home built in 2020 on almost 3 acres in Paradise with a private, peaceful setting; Main home features 4 bedrooms, 3 bathrooms, open floorplan, dedicated media room, and kitchen island; Income property includes 3 duplexes (6 total rental units) with 100% occupancy and leases in place
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message