About This Home

This 20-bedroom, 19-bathroom multi-family at 114 Ash Street in Paradise, TX is listed for $1,799,000 ($180 per sqft). Built in 2020, the home offers 9,999 sqft of living space on a 1.58 acres lot.

Key Features

  • Built in 2020
  • 1.58 acre lot
  • 16 parking spaces

Property Details

1 story
17 full, 2 half
8-car garage
2020

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$9,621/mo

20% down · 6.5% · 30 years

Principal$1,301
Interest$7,796
Insurance$525

Estimates only. Actual payments may vary.

Location

114 Ash Street

Paradise, TX 76073

Original Town Paradise

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesEatInKitchenGraniteCountersHighSpeedInternetKitchenIslandOpenFloorplanPantryWalkInClosets

Exterior Features

RainGutters

Property Details

Flooring

VinylTileCarpetPaintedstained

Construction

BoardAndBattenSiding FiberCement

Parking

CarportDrivewayCoveredGarageAssigned

Heating

Electric (Heating)Central

Cooling

ElectricCentral AirCeiling Fan(s)

Appliances

DishwasherElectricRangeElectricWaterHeaterDisposalMicrowaveRefrigeratorTanklessWaterHeater

Questions & Answers

This 20-bedroom, 19-bathroom multi-family at 114 Ash Street is listed at $1,799,000 ($180/sqft). The estimated monthly payment is $9,622 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 1.58 acre lot, 16 parking spaces. Interior Features: DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters. Exterior Features: RainGutters.

This property is listed by Shari Guess.

SG

Shari Guess

Agent at Buy Wise Real Estate

Listed by Buy Wise Real Estate · Broker phone: (940) 399-3900 · View on Broker Site · Broker website

MLS# 21071514· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

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.

114 Ash Street, Paradise, TX 76073

Open this listing in: