528 Stonegate Drive, Paradise, TX 76073
Local realty services provided by:ERA Myers & Myers Realty
Listed by: teresa von illyes
Office: ameriplex realty, inc.
MLS#:21137068
Source:GDAR
Price summary
- Price:$480,000
- Price per sq. ft.:$192.93
About this home
Welcome to Paradise, Texas where the name truly reflects the setting. This scenic 5-acre, tree-covered property offers a unique opportunity for both investors and future homeowners. The land is lush and green year-round and features two well-maintained mobile homes, both currently producing income.
The first home offers 3 bedrooms and 1 bathroom, while the second features 2 bedrooms and 1 bathroom. Both homes have new roofs and are separately metered for electricity, which is paid by the tenants. City water services the property, with usage handled between the tenants, and there are two separate septic systems in place.
With no zoning restrictions, this property offers flexibility—continue operating as a rental investment, build a new home, or explore other permitted uses. A county restriction allows one home per 2.5 acres, providing additional development potential.
The property currently generates $1,660 in gross monthly rental income, with both tenants on month-to-month leases, offering flexibility for a new owner.
Owner financing is available with a substantial down payment at 5% interest for 20 years, making this an attractive opportunity to own acreage in a desirable rural setting....
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Home facts
- Year built:1983
- Listing ID #:21137068
- Added:101 day(s) ago
- Updated:April 03, 2026 at 11:47 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Electric Range
- Living area:2,488 sq. ft.
Structure and exterior
- Year built:1983
- Building area:2,488 sq. ft.
- Lot area:5 Acres
- Levels:1 Story
Schools
- High school:Paradise
- Middle school:Paradise
- Elementary school:Paradise
Utilities
- Water:Well
Finances and disclosures
- Price:$480,000
- Price per sq. ft.:$192.93
- Tax amount:$3,833
Features and amenities
- Appliances:Electric Range
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