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$275,000 Just Listed
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Property Description
Prime 1.71-acre tract with approximately 139 feet of highway frontage on FM 2123 in Cottondale, TX. This cleared and level property sits in a highly visible location directly next to Cottondale Grocery and Shamrock fuel station, offering excellent exposure along a well-traveled corridor with an estimated 1,500+ vehicles per day. Located in unincorporated Wise County outside city limits, the property offers flexible potential for residential, commercial, or mixed-use development with no city zoning and no MUD or PID taxes. The tract measures approximately 139 ft of road frontage with a depth ranging from roughly 386-528 ft, providing ample space for a variety of uses including a contractor yard, equipment storage, small retail site, truck parking, shop, or investment property. Electric service available through Tri-County Electric Cooperative, rural water service nearby through West Wise SUD, and septic system would be required. Rare opportunity to secure highway frontage in the growing corridor between Azle and Paradise, just a short drive from the Fort Worth metro area. All info provided is deemed reliable but not guaranteed and should be independently verified buy buy and or buyers agent, including but not limited to property boundaries, acreage, utilities. development restrictions, zoning, and intended use. Survey is Available.
Full Property Details
Full Property Details for Tbd Fm 2123
General
- Price: $275,000
- Taxes: $1,704
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21198752
- Updated: Today (3/5/2026)
- Added to Site: Today
Location
- County: Wise
- Subdivision: Matagorda County School Land S
- Driving Directions: GPS to Cottondale Grocery at 6719 FM 2123 Paradise TX 76073 and this lot is to the left of the Gas Station on 2123. Sign is posted.
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
Utilities
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 1.711
- Lot Size (Sq. Ft.): 74,531.16
- Lot Size Source: Appraiser
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage
- Development Status: Other
- Potential Use: Commercial, Investment, Multi-Family, Mini Storage, Mixed Use, Other, Retail, Vacant
- Trees/Vegetation: Cleared
- Zoning: unzoned
Financial Considerations
- Tax Amount: $1,704
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: A-534 MATAGORDA CSL 1.711 ACRES
- Property ID: 200002005
- Block: 1
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for Tbd Fm 2123
Date
Details
Price
Change
Source
3/05/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Tbd Fm 2123
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,352
3367%
$17,692
15%
2021
$39
—
$15,375
25%
2021
$39
—
$12,300
432%
2021
$39
15%
$2,310
13%
2020
$34
10%
$2,050
15%
2018
$31
-9%
$1,790
-13%
2019
$34
26%
$2,050
33%
2017
$27
17%
$1,540
20%
2016
$23
15%
$1,280
11%
2015
$20
82%
$1,150
80%
2014
$11
-8%
$640
—
2013
$12
—
$640
—
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 Tbd Fm 2123
Tbd Fm 2123, Paradise, TX 76073 (MLS# 21198752) is a Lots/Land property with a lot size of 1.711 acres. Tbd Fm 2123 is currently listed for $275,000 and was received on March 05, 2026. This property is listed by Bonnie Lee from our Dallas Office.Want to learn more about Tbd Fm 2123? Do you have questions about finding other Lots/Land real estate for sale in Paradise? You can browse all Paradise real estate or contact a Coldwell Banker agent to request more information.


