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$1,995,000

  • For Sale
  • Active
  • Apartment
  • 20 Beds
  • 17 Full Baths
  • 2 Partial Baths
  • 9,999 Sq. Ft.
  • 1.58 Acres
  • 8 Car Garage
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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.

Full Property Details for 114 Ash St

General

  • Price: $1,995,000
  • Taxes: $13,177
  • Status: Active
  • Type: Apartment
  • Source: NTREIS
  • MLS ID: 21071514
  • Updated: 12/8/2025
  • Added to Site: 111 day(s) ago

Business

  • Business Type: Build to Suit

Interior

  • Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained

Rooms

Bathrooms

  • Total Bathrooms: 19
  • Full Bathrooms: 17
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 20

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Other, Rain Gutters
  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 8
  • Carports: Yes
  • Carport Spaces: 4
  • Covered Spaces: 12
  • Total Spaces: 16
  • Parking Features: Attached Carport, Assigned, Asphalt, Covered, Carport, Driveway, Garage Faces Front, Kitchen Level

Location

  • County: Wise
  • Subdivision: Original Town Paradise
  • Driving 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.

School Information

  • Elem School District: Paradise ISD
  • Midd School District: Paradise ISD
  • High School District: Paradise ISD
  • Elementary School: Paradise
  • Middle School: Paradise
  • High School: Paradise

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Aerobic Septic
  • Water: Public
  • Utility Description: Electricity Available, Electricity Connected, Other, Septic Available, See Remarks, Water Available

Structural Information

  • # Buildings: 5
  • Detached/Attached: Detached
  • Construction: Board & Batten Siding, Fiber Cement
  • Roof: Composition
  • Windows: Bay Window(s), Window Coverings
  • Stories/Levels: 1
  • Square Feet: 9,999
  • Sq. Ft. Source: Appraiser
  • Living Area: 9,999 Sq. Ft.
  • Year Built: 2020

Lot Features

  • Lot Size (Acres): 1.58
  • Lot Size (Sq. Ft.): 68,824.8
  • Lot Size Source: Appraiser
  • Frontage: All Weather Road, Asphalt
  • Lot Features: Acreage, Agricultural, Back Yard, Cleared, Backs to Greenbelt/Park, Interior Lot, Lawn, Landscaped, Level, Other
  • Fencing (Description): Back Yard, Cross Fenced, Fenced, Privacy, Wood

Financial Considerations

  • Tax Amount: $13,177
  • Terms: Cash, Conventional, 1031 Exchange, See Agent

Disclosures and Reports

  • Documents Avail.: Aerial, Survey
  • Legal Description: LT: 1-10 BLK: 29 ORIGINAL TOWN PARADISE 0.551
  • Property ID: 770803
  • Block: 29
  • Lot Number: 1

Listed by Buy Wise Real Estate, Shari Guess and Scottco Realty Group LLC, Brandon Scott

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Listing agents

— 114 Ash St —

  • Shari Guess

    Buy Wise Real Estate

  • Brandon Scott

    Scottco Realty Group LLC

940-399-3900

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 114 Ash St

School District:Paradise Independent School District
NameGradesDistance
Paradise Elementary School
338 School House Road, Paradise, TX 76073
PK-30.8 mi
Paradise Intermediate School
338 School House Road, Paradise, TX 76073
4-50.8 mi
Paradise Middle School
338 School House Road, Paradise, TX 76073
6-80.8 mi
Paradise High School
338 School House Road, Paradise, TX 76073
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 114 Ash St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$1,995,000
-0.25%
MLS
9/27/2025
Listed
$2,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 114 Ash St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,709
354%
$753,295
-6%
2021
$3,243
—
$799,909
333%
2021
$3,243
—
$184,775
15%
2021
$3,243
2%
$161,000
2%
2020
$3,193
40%
$158,570
40%
2019
$2,284
17%
$113,430
22%
2018
$1,946
8%
$92,970
10%
2017
$1,795
3%
$84,860
3%
2016
$1,743
-1%
$82,430
-1%
2015
$1,759
-1%
$83,190
-1%
2014
$1,783
-4%
$84,330
—
2013
$1,850
—
$84,330
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Buy Wise Real Estate, Shari Guess and Scottco Realty Group LLC, Brandon Scott

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114 Ash Street, Paradise, TX 76073 (MLS# 21071514) is a Apartment property with 20 bedrooms, 17 full bathrooms and 2 partial bathrooms. 114 Ash Street is currently listed for $1,995,000 and was received on September 27, 2025. Want to learn more about 114 Ash Street? Do you have questions about finding other Apartment real estate for sale in Paradise? You can browse all Paradise real estate or contact a Coldwell Banker agent to request more information.

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