About this property

Rare opportunity to own a private residence AND established income-producing property on 2.82 acres in Paradise! The property features a beautiful 3,500-square-foot main home built in 2021, plus three separate duplexes offering six rental units and approximately 4,680 additional square feet of living space. The duplexes currently generate $97,200 in annual gross rental income, providing a unique opportunity to enjoy country living while producing substantial rental income on the same property. The main residence offers 4 bedrooms, 3 bathrooms, spacious living areas, a fireplace, vinyl plank flooring and two tankless water heaters. The rental portfolio consists of two 2-bedroom units and four 1-bedroom units, each with its own living space. All three duplex buildings feature tankless water heaters. The property is served by a private well with water softener and 1,000-gallon storage tank. With approximately 8,180 square feet of combined residential space, six income-producing units and a newer primary residence, this property offers incredible flexibility for an owner-occupant, investor, multi-generational living or anyone looking to combine home and income in one unique property. Conveniently located in Paradise with easy access to Decatur and the greater DFW area.