Homes for sale - 114 Ash Street, Paradise, TX 76073

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Marissa Fontanez

[email protected] +1(214) 789-9187

$2,000,000

Est. payment - /mo

20 Beds

19 Baths

9,999 SqFt

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,999 sqft

Subdivision Original Town Paradise

MLS Listing ID 21071514

Bedrooms 20

Full Baths 17

Half Baths 2

HOA Y/N None

Total Fin. Sqft 9999

Year Built 2020

Annual Tax Amount $13,177

Lot Size 1.580 Acres

Acres 1.58

Property Sub-Type Apartment

Property Description

ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.

Location

State TX

County Wise

Direction GPS Friendly. From Highway 114 in Paradise, turn North on 3259 and then left on Ash Street. Properties line the right side of the street, beginning after the first home.

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained, Varies

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Rain Gutters, Other

Garage Spaces 8.0

Carport Spaces 4

Fence Back Yard, Cross Fenced, Fenced, Privacy, Wood

Utilities Available Aerobic Septic, All Weather Road, Asphalt, City Water, Electricity Available, Electricity Connected, See Remarks, Other

Roof Type Composition

Total Parking Spaces 12

Garage Yes

Building

Lot Description Acreage, Adjacent to Greenbelt, Agricultural, Cleared, Interior Lot, Landscaped, Level, Lrg. Backyard Grass, Other

Story One

Foundation Pillar/Post/Pier, Slab

Level or Stories One

Structure Type Board & Batten Siding,Fiber Cement

Schools

Elementary Schools Paradise

Middle Schools Paradise

High Schools Paradise

School District Paradise Isd

Others

Ownership A&O Investments, LLC

Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional

Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional

Special Listing Condition Aerial Photo, Build to Suit, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21071514

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

Listed by Shari Guess • Buy Wise Real Estate

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

114 Ash Street Paradise, TX 76073