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$765,000

205 Niki Rd, Paradise, TX, 76073

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$347.25 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size3.10 acres

Building Information

Garage Spaces2

Land Information

APNR2559.0025.00
Lot Number25
SubdivisionStevens Estates Ph2
Land UseResidential
Legal DescriptionLOT 25 BLK 1 STEVENS ESTATES PH2
Census Tract150402
Assessment Year2025

About this property

Escape to your own private retreat on 5.6 beautifully maintained acres in Paradise! Situated on two lots, this exceptional property offers the perfect blend of space, privacy, and amenities with no HOA. The spacious four-bedroom, three-bath home features a two-car garage and provides plenty of room for comfortable living and entertaining. Step outside and enjoy your own backyard oasis featuring a sparkling saltwater pool, outdoor kitchen, mature trees, lush landscaping, and a private pond. The entire property is completely fenced and secured by an electric gate, creating a peaceful and private setting for family, pets, hobbies, and outdoor enjoyment. A standout feature of the property is the impressive workshop, complete with a dedicated office and electricity, heating, and air conditioning—ideal for a home business, workshop, hobby space, or additional storage. For even more outdoor enjoyment, residents of the neighborhood have access to a private stocked lake, perfect for fishing and relaxing by the water. With no HOA, 5.6 acres, a private pond, pool, workshop, mature trees, and lake access, this property offers a rare opportunity to enjoy the freedom and lifestyle of country living while still having the amenities you want. Come experience all that 205 Nikki Road has to offer!

Investor Tools

$0Estimated Mortgage Balance
$471,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,590 /month
Positive
Cash Flow Estimate:
$1,530 /month

Interested in this property?

Jennifer Tucker

Bridgeway Realty, PLLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$337
$85,223
2025
N/A
N/A
$89,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$337
$85,223

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$471,000
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.

Explore Texas Explore This Area
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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