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$260,000 -$5,000 (-1.89%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 6 Acres
  • Updated 1 day ago
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INVESTMENT OPPORTUNITY ON 6 ACRES IN PARADISE! Bring your vision and make this property your own. This 4-bedroom, 2-bath fixer-upper offers plenty of potential for an investor, remodeler, or buyer looking for acreage and a project. The property features a 2-car carport, storage building, scattered mature trees, and a tank adding to the property's rural appeal. With approximately 6 acres to work with, there is room for recreation, animals, gardening, or future improvements. Located in Paradise ISD and approximately 3 miles from The Cottondale Store, this property offers a convenient country location with easy access to local amenities. Whether you're looking for an investment, renovation project, or acreage to make your own, this property has endless possibilities. Property is being sold as-is and will require renovation.

Full Property Details for 5019 Fm 2123

General

  • Price: $260,000
  • Taxes: $6,320
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21366166
  • Updated: 10/7/2026
  • Added to Site: 49 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, Kitchen Island
  • Appliances: Electric Range, Electric Water Heater
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Dryer Hookup, ElectricDryer Hookup

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Detached Carport, No Garage

Location

  • County: Wise
  • Subdivision: none
  • Driving Directions: Approx. 3 miles north of Cottondale store.

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: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Rural
  • Utility Description: Septic Available, See Remarks

Structural Information

  • Architectural Style: Contemporary/Modern, Detached
  • Structure Type: House
  • Detached/Attached: Attached
  • Construction: Brick
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 1
  • Living Area: 1,941 Sq. Ft.
  • Year Built: 1970
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 6
  • Lot Size (Sq. Ft.): 261,360
  • Lot Features: Acreage, Pasture, Few Trees

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $6,320
  • Terms: Cash, FHA 203(k)

Disclosures and Reports

  • Legal Description: A-534 MATAGORDA CSL 6.0 ACRES TRACT 63
  • Property ID: 742017
  • Block: 63

Listed by CENTURY 21 Judge Fite Co.- Decatur, Renee Thomason

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Listing agent

— 5019 Fm 2123 —

  • Renee Thomason

    CENTURY 21 Judge Fite Co.- Decatur

(940) 969-0123

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

Price & Sales History for 5019 Fm 2123 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Price Reduced
$260,000
-1.89%
MLS
9/11/2026
Price Reduced
$265,000
-3.64%
MLS
8/21/2026
Listed
$275,000
—
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 5019 Fm 2123

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,320
—
$423,107
—
2025
$6,320
154%
$423,200
31%
2021
$2,487
-7%
$323,060
43%
2021
$2,660
—
$226,652
42%
2021
$2,660
7%
$159,330
7%
2020
$2,482
2%
$148,300
2%
2019
$2,431
1%
$145,260
6%
2018
$2,410
10%
$137,470
11%
2017
$2,200
31%
$123,920
31%
2016
$1,682
6%
$94,780
6%
2015
$1,585
1%
$89,310
1%
2014
$1,570
-2%
$88,430
2%
2013
$1,604
—
$86,450
—
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 CENTURY 21 Judge Fite Co.- Decatur, Renee Thomason

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5019 Fm 2123, Paradise, TX 76073 (MLS# 21366166) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5019 Fm 2123 is currently listed for $260,000 and was received on August 21, 2026. Want to learn more about 5019 Fm 2123? Do you have questions about finding other Single Family 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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