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Days47Days on Market
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$899,985

$925,000

421 County Road 3342, Paradise, TX, 76073

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,388 Sq Ft
FarmFarm
price_per_sqft$376.88 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size9.79 acres

Building Information

Year Built1995
Stories1
Roof Type112

Land Information

APNA0535.0043.03
SubdivisionA-535 Matagorda Csl
Land UseResidential
Legal DescriptionBLK 5 9.7900 ACRES
Census Tract150403
Assessment Year2025

About this property

Come live in Paradise! This property features a 3 bedroom, 3 bathroom farmhouse with an open floor plan, metal roof, steel frame, vaulted ceiling, and covered patios. At just under 10 acres, the property is suitable for livestock and includes significant utility and storage space. Outbuildings consist of a 30x72 garage equipped with two separate workshops and a 30x54 barn which can be used for RV parking. Additionally, the property includes a 3-bedroom, 2-bathroom mobile home, providing a ready-to-use space for guest quarters or multi-generational living. Located in a peaceful area, this property offers a functional layout for those needing shop space and land for animals.

Investor Tools

Property Icon
$940,000
Estimated Property Value
$465,000Estimated Mortgage Balance
$495,363Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,640 /month
Positive
Cash Flow Estimate:
$1,880 /month

Interested in this property?

Adam Hull

Texas Ally Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,111
$444,497
2025
N/A
N/A
$688,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,111
$444,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$465,000
No
First
Feb 5, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,372
$494,628
52%
47%
$2,788/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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421 County Road 3342 | Property Details | No Agent List