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$490,000

1249 Fm 2123, Paradise, TX, 76073

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$309.93 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size2.11 acres

Building Information

Year Built2018
Roof Type158
Garage Spaces1

Land Information

APNR0219.0106.00
Lot Number6
SubdivisionBurks 1 Addition
Land UseResidential
Legal DescriptionLOT 6 BLK 1 BURKS 1 ADDITION
Census Tract150403
Assessed Land Value$67,680
Assessed Improvement Value$344,748
Assessment Year2025

About this property

Endless Possibilities Await on This Stunning 5-Acre Property! Welcome to a unique and versatile property offering the perfect blend of comfort, functionality, and investment potential. Nestled on nearly 5 acres of serene landscape, this exceptional estate boasts two beautifully designed residences—ideal for multigenerational living, a guest retreat, or a lucrative rental opportunity. The primary residence, spanning approximately 1,600 square feet, features a spacious and inviting layout designed for modern living. With an open-concept floor plan, abundant natural light, and well-appointed finishes, this home creates a warm and welcoming atmosphere. Enjoy a thoughtfully designed kitchen with ample counter space, a cozy living area, and comfortable bedrooms that provide the perfect retreat after a long day. Adjacent to the main home, the secondary residence (approx. 900 square feet) is a charming and fully functional living space, perfect for extended family, guests, or as an income-producing rental. Complete with its own kitchen, living area, bedroom, and private entrance, this secondary dwelling offers independence and privacy while still being conveniently close to the main home. Step outside and take in the peaceful surroundings of your expansive 5-acre property. Whether you're looking to enjoy nature, start a hobby farm, or create your own private oasis, the opportunities are endless. With plenty of space for gardens, outdoor entertainment, or even additional structures, this property caters to a variety of lifestyles and dreams. Conveniently located with easy access to nearby amenities, shopping, and schools, this property offers the best of both worlds—secluded country living with modern conveniences just a short drive away. Whether you're searching for the perfect multigenerational home, a guest retreat, or an income-generating investment, this property is a rare gem with unlimited potential. Don’t miss the chance to make it yours!!

Investor Tools

Property Icon
$461,000
Estimated Property Value
$484,070Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,802
$412,428
2025
$67,680
$344,748
$412,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,802
$412,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$484,070
Yes
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,546
N/A
0%
103%
$2,903/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Paradise

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1249 Fm 2123 | Property Details | No Agent List