$480,000

528 Stonegate Drive, Paradise, TX 76073

  • 3 beds |
  • 1 bath |
  • 2,488 sqft
  • Property Icon Manufactured Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 4:18AM
Listing Office:
AmeriPlex Realty, Inc. : 817-246-4444
Listing Agent:
Teresa Von Illyes :
MLS ID:
21137068
  • General: Cable TV
  • Appliances: Electric Range
  • Fireplace: Fireplaces: 0
  • Style: Mobile Home
  • Pool: None
  • Parking: Driveway
  • General: 1
  • Originating MLS: NTR
  • School District: Paradise ISD
  • County: Wise
  • Zoning: LOT 23 & PT 22 STONEGATE PARK767220
  • Utilities: Septic AvailableWater AvailableCable Available
  • Water: Well
  • Sewer: Septic Tank
  • Source: NTR
  • Exclusions: Mineralsif any

This listing courtesy of Teresa Von Illyes , AmeriPlex Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Paradise Intermediate School

338 School House Rd, Paradise, TX, 76073

Grades 4-5

2.45 miles away

P

Paradise Middle School

338 School House Rd, Paradise, TX, 76073

Grades 6-8

2.53 miles away

P

Paradise High School

338 School House Rd, Paradise, TX, 76073

Grades 9-12

2.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.