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$275,000

5019 Fm 2123, Paradise, TX, 76073

$357,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.68 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringLaminate

Exterior

Lot Size6 acres

Building Information

Year Built1970
Stories1
Roof Type158
Garage Spaces4

Land Information

APNA0534.0023.00
Lot Number63
SubdivisionA-534 Matagorda Csl
Land UseResidential
Legal DescriptionA-534 MATAGORDA CSL 6.0 ACRES TRACT 63
Census Tract150403
Assessed Land Value$194,985
Assessed Improvement Value$228,215
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY ON 6 ACRES IN PARADISE! Bring your vision and make this property your own. This 4-bedroom, 2-bath fixer-upper offers plenty of potential for an investor, remodeler, or buyer looking for acreage and a project. The property features a 2-car carport, storage building, scattered mature trees, and a tank adding to the property's rural appeal. With approximately 6 acres to work with, there is room for recreation, animals, gardening, or future improvements. Located in Paradise ISD and approximately 3 miles from The Cottondale Store, this property offers a convenient country location with easy access to local amenities. Whether you're looking for an investment, renovation project, or acreage to make your own, this property has endless possibilities. Property is being sold as-is and will require renovation.

Investor Tools

$0Estimated Mortgage Balance
$521,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$357,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,126 /month
Positive
Cash Flow Estimate:
$1,042 /month

Interested in this property?

Renee Thomason

CENTURY 21 Judge Fite Co.- Decatur

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,320
$423,200
2025
$194,985
$228,215
$423,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,320
$423,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$521,000
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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