528 Stonegate Drive, Paradise, TX 76073

• 3 beds |
• 1 bath |
• 2,488 sqft

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

Interior

• General: Cable TV
• Appliances: Electric Range
• Fireplace: Fireplaces: 0

Exterior

• Style: Mobile Home
• Pool: None
• Parking: Driveway

Construction

• General: 1

Location

• Originating MLS: NTR
• School District: Paradise ISD
• County: Wise

Lot

• Zoning: LOT 23 & PT 22 STONEGATE PARK767220

Utilities

• Utilities: Septic AvailableWater AvailableCable Available
• Water: Well
• Sewer: Septic Tank

Financial

• Source: NTR
• Exclusions: Mineralsif any