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$2,750,000

1420 Farm to Market 2123, Paradise, TX, 76073

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths4,291 Sq Ft
FarmFarm
price_per_sqft$640.88 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1.5Bathrooms Full 1.5
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Warming Drawer, Washer, Other, Water Softener
FlooringCarpet, Concrete, Other, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Built-in Barbecue, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
Lot Size1.46 acres

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR25769
SubdivisionH&Tc-171
Land UseResidential
Legal Description000273 H&TC-171, TRACT 22 55, ACRES 1.459
Census Tract700302
Assessed Land Value$42,100
Assessed Improvement Value$89,770
Assessment Year2025

About this property

Luxury country living meets ranch functionality on this spectacular 36-acre estate in Paradise, Texas. Set well off the road behind a private gated entrance, this exceptional property offers breathtaking views, rolling pastures, mature oak trees, and peaceful privacy. Encompassing 4,291 square feet, the custom home features 5 bedrooms, 4 full baths, and a half bath, with soaring ceilings, open living areas, and quality finishes throughout. The upstairs level offers a spacious game room with wet bar, generous storage or craft room, and a private bedroom with a full bath, providing flexible living space for guests, extended family, or teens. The backyard is an entertainer's dream with a resort-style pool featuring a waterfall, slide, and spa, expansive patio, covered outdoor kitchen, and putting green—perfect for relaxing afternoons, weekend gatherings, and unforgettable Texas sunsets. Designed for ranching, horses, or recreation, the 36 cross-fenced acres include improved pasture, barns, corrals, greenhouse, chicken coop, and a large stock tank. Cattle guards allow easy access while maintaining secure pastures. The homesite is enclosed with attractive white vinyl fencing, while the remaining acreage is fenced with barbed wire that provides convenient access throughout the property while maintaining secure pastures A massive covered equipment barn offers space for tractors, RVs, boats, trailers, or additional vehicle storage. An unfinished two-story outbuilding provides endless possibilities for a future workshop, guest quarters, office, hobby space, or custom barn conversion. A sweeping circular driveway leads to this private ranch retreat with panoramic countryside views. From relaxing poolside and fishing in the stock tank to raising livestock and enjoying spectacular Texas sunsets, 1420 FM 2123 perfectly blends luxury and country living.

Investor Tools

$0Estimated Mortgage Balance
$189,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,500 /month
Positive
Cash Flow Estimate:
$5,500 /month

Interested in this property?

Colleen Walker

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,056
$131,870
2025
$42,100
$89,770
$131,870
Yes (2091)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,056
$131,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,000
100%
0%
$0/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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1420 Farm to Market 2123 | Property Details | No Agent List