Date
Details
Price
Change
Source
5/21/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/39
$2,100,000 Just Listed
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Property Description
**Get paid to live in Paradise - Beautiful Home + Immediate Income Opportunity** Rare opportunity to own a stunning 3,500 square foot home on almost 3 beautiful acres in Paradise - complete with built-in income-producing property already in place. This spacious main home features 4 bedrooms, 3 bathrooms, and a dedicated media room, offering plenty of space for comfortable living and entertaining. Enjoy the privacy and peaceful setting while benefiting from an exceptional investment opportunity right outside your door. The property also includes 3 duplexes (6 total rental units) currently generating approximately $97,000 per year in income. With 100% occupancy & leases already in place, cash flow begins immediately at closing. Whether you're looking for a homestead with supplemental income, a multi-family investment, or the chance to offset your mortgage entirely, this property delivers. You can literally get paid to live there. Properties offering this combination of lifestyle, land, and reliable income are extremely hard to find.
Full Property Details
Full Property Details for 131 Co Rd 3351
General
- Price: $2,100,000
- Taxes: $10,398
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21270049
- Updated: 5/21/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Propane
- Appliances: Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Microwave, Water Softener, Tankless Water Heater
- Flooring: Carpet, Concrete, Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Exterior
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Total Spaces: 8
- Parking Features: Gravel
Location
- County: Wise
- Subdivision: Gillespie Add
- Driving Directions: 114 W, L Olde Towne Rd, L Schoolhouse Rd, R Sunflower Rd, L Sunflower Rd., L CR 3351, property on the left
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
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Propane, Septic Available, Water Available
Structural Information
- # Buildings: 4
- Detached/Attached: Detached
- Construction: Board & Batten Siding, Metal Siding, Rock, Stone
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 3,500
- Sq. Ft. Source: Owner
- Living Area: 3,500 Sq. Ft.
- Year Built: 2020
Lot Features
- Lot Size (Acres): 2.82
- Lot Size (Sq. Ft.): 122,839.2
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $10,398
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Legal Description: LOT 22 GILLESPIE ADDN, UNDIVIDED INTEREST 66.
- Exclusions: TVs & Mounts in main home
- Property ID: 797710
- Lot Number: 22
Listed by Compass RE Texas, LLC, Brittany Allred and Compass RE Texas, LLC, Tommy Pistana
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 131 Co Rd 3351 —
Brittany Allred
Compass RE Texas, LLC
Tommy Pistana
Compass RE Texas, LLC
817-905-8334
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 131 Co Rd 3351
School District:Paradise Independent School District
| Name | Grades | Distance |
|---|---|---|
Paradise Elementary School 338 School House Road, Paradise, TX 76073 | PK-3 | 1.3 mi |
Paradise Intermediate School 338 School House Road, Paradise, TX 76073 | 4-5 | 1.3 mi |
Paradise Middle School 338 School House Road, Paradise, TX 76073 | 6-8 | 1.3 mi |
Paradise High School 338 School House Road, Paradise, TX 76073 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 Co Rd 3351
Tax History
Tax History for 131 Co Rd 3351
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,267
29%
$348,157
-1%
2021
$4,071
—
$351,257
33%
2021
$4,071
—
$264,909
9%
2021
$4,071
-29%
$243,890
-28%
2020
$5,696
431%
$340,370
431%
2019
$1,072
24%
$64,060
30%
2018
$867
22%
$49,450
23%
2017
$712
14%
$40,090
13%
2016
$627
15%
$35,350
15%
2015
$544
-62%
$30,620
-62%
2014
$1,445
-3%
$81,380
1%
2013
$1,495
—
$80,610
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 Co Rd 3351
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- Mobile Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
131 County Road 3351, Paradise, TX 76073 (MLS# 21270049) is a Duplex property with 8 bedrooms and 6 full bathrooms. 131 County Road 3351 is currently listed for $2,100,000 and was received on May 21, 2026. Want to learn more about 131 County Road 3351? Do you have questions about finding other Duplex real estate for sale in Paradise? You can browse all Paradise real estate or contact a Coldwell Banker agent to request more information.