114 Ash St

Paradise, TX 76073

$1,995,000
Price
20
Beds
9,999 Sq. Ft.
$200 / Sq. Ft.
9,999
Sq. Ft.
$200
per Sq. Ft.

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...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.
  1. Listed by Shari Guess • TREC #0562364 • Buy Wise Real Estate • 940-399-3900
  2. Listed by Brandon Scott • TREC #0505018 • Scottco Realty Group LLC

Property Details for 114 Ash Street

Subdivision Name
Original Town Paradise
Pool
No
Garage Spaces
8
Number Of Parking Spaces
16
LISTING UPDATED: 12/08/2025 01:51 PM

Property Details for 114 Ash Street

StatusActive
MLS #21071514
Days on Market135
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built2020
Lot Size1.58 AC / 68,824 SF
CountyWise County

Location

Listing Courtesy of Buy Wise Real Estate, Shari Guess; Scottco Realty Group LLC, Brandon Scott
Add your commute

Building Information for 114 Ash Street

Stories1Residences8Year Built2020Building Size-Lot Size1.58 AC / 68,824 SF

Payment Calculator

$10,949 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,723

Property Taxes

$1,226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114 Ash Street

Summary
Location and General Information
  • Block: 29
  • Complex Name: Ash Street A&O Portfolio
  • Directions: 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.
  • Elementary School: Paradise
  • Elementary School Name: Paradise
  • High School: Paradise
  • High School Name: Paradise
  • Middle School: Paradise
  • Year Built Details: Preowned
  • School District: Paradise ISD
  • Geocode Confidence: High
  • Latitude: 33.15
  • Longitude: -97.69
  • State: Texas
Parking
  • Parking Features: Asphalt, Assigned, Attached Carport, Carport, Covered, Driveway, Garage Faces Front, Kitchen Level
  • Carport Spaces: 4
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 12
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: LT: 1-10 BLK: 29 ORIGINAL TOWN PARADISE 0.551
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained, Varies
  • Heating: Central, Electric
  • Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Living Area: 9999.0
  • Smart Home Features Appor Pass Y: Yes
  • Window Features: Bay Window(s), Window Coverings
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Board & Batten Siding, Fiber Cement
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Other
  • Fencing: Back Yard, Cross Fenced, Fenced, Privacy, Wood
  • Foundation Details: Pillar/Post/Pier, Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 8
  • Patio And Porch Features: Covered
  • Levels: One
Property
Utilities
  • Utilities: Aerobic Septic, All Weather Road, Asphalt, City Water, Electricity Available, Electricity Connected, See Remarks, Other
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Contact Agent, Conventional
  • Concessions YN: Yes
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Adjacent to Greenbelt, Agricultural, Cleared, Interior Lot, Landscaped, Level, Lrg. Backyard Grass, Other
  • Lot Size Acres: 1.58
  • Lot Size Area: 1.58
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Lot Size Square Feet: 68824.8
  • Multi Parcel ID: Yes
  • Parcel Number: 770803
  • Parcel Number 2: Many Multiple See Remarks
Multi Family
Multi-Family Information
  • Number Of Buildings: 5
  • Capitalization Rate: 2.79%
  • Gross Annual Expenses: $3,599
  • Gross Annual Income: $179,940
  • Insurance Expense: $11,648
  • Total Annual Expenses Include: Maintenance, Other
  • Net Operation Income: $55,658.00
Unit 1
  • Approximate SQFT: 1230.0
  • Average Lease Amount: $1,750.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1230.0
  • Average Lease Amount: $1,750.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 1714.0
  • Average Lease Amount: $2,300.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 1714.0
  • Average Lease Amount: $2,350.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 5
  • Approximate SQFT: 1816.0
  • Average Lease Amount: $2,300.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 6
  • Approximate SQFT: 1816.0
  • Average Lease Amount: $2,300.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 7
  • Approximate SQFT: 765.0
  • Average Lease Amount: $550.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 8
  • Approximate SQFT: 1418.0
  • Average Lease Amount: $1,700.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 114 Ash Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Price Change

NTREIS #21071514

$1,995,000—
Sep 26, 2025

Listed (Active)

NTREIS #21071514

$2,000,000—
DateEvent & SourcePrice
12/08/2025

Price Change

NTREIS #21071514

$1,995,000
09/26/2025

Listed (Active)

NTREIS #21071514

$2,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 Ash Street

Taxable ValueLand$84,000Additions$669,295Total$753,295
Tax Record2024$14,709 ($1,226 / month)
Home Facts
Beds0Total Finished SqFt1,418 SqFtAbove Grade Finished SqFt1,418 SqFtStories1Lot Size24,002 SqFtStyleSingle Family ResidenceYear Built1955CountyWISEAPNS2255.0554.00

Schools near 114 Ash Street

This home is within Paradise Independent School District.
Rating
School
Type
Grades
Distance
Paradise Elementary School
Public - PK to 3
Paradise Intermediate School
Public - 4 to 5
Paradise Middle School
Public - 6 to 8
Paradise High School
Public - 9 to 12
Rating
School
Distance
Paradise Elementary School
PublicPK to 3

Paradise Intermediate School
Public4 to 5

Paradise Middle School
Public6 to 8

Paradise High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 114 Ash Street, Paradise, TX 76073

114 Ash Street is a multi-family home for sale in Paradise, TX 76073. This property was listed for sale on September 26, 2025 by Buy Wise Real Estate, it's currently listed at $1,995,000. This listing's school district is Paradise Independent School District. Nearby schools include Paradise Elementary School, Paradise Intermediate School and Paradise Middle School. 114 Ash Street is a 20-bed, 19-bath, 9,999 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buy Wise Real Estate, Shari Guess; Scottco Realty Group LLC, Brandon Scott

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