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B+
NoAgentList RatingHow are grades calculated? Info

$299,000

5256 Fm 2123, Paradise, TX, 76073

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,488 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.81 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1.37 acres

Building Information

Year Built2008
Roof Type158
Garage Spaces1

Land Information

APNA1269.0002.00
SubdivisionA-1269 Ne Buckenham
Land UseResidential
Legal DescriptionA-1269 NE BUCKENHAM 1.3700 ACRES
Census Tract150402
Assessment Year2025

About this property

Welcome to Paradise—literally! If you’ve been searching for a charming home with land, room to grow, and endless potential in a highly sought-after school district, this could be the one. Set on 1.37 acres, this 3-bedroom, 2-bath home features high ceilings throughout, a spacious kitchen, mature trees, and a peaceful setting just waiting for your personal touch. With a little vision and elbow grease, it has all the makings of something truly special. You’ll enjoy the convenience of city water plus a private well (perfect for garden and yard), a large carport with an attached workshop, and an additional room with shower and toilet for any guests. The property is fenced and surrounded by well established trees that bring shade, privacy, and country charm. Whether you’re dreaming of a starter homestead, a smart investment, or simply a peaceful place to call home...this property checks all the boxes.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$268,850Estimated Mortgage Balance
$32,888Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,149
$245,923
2025
N/A
N/A
$268,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,149
$245,923

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$268,850
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,112
$32,888
10%
89%
$1,612/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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5256 Fm 2123 | Property Details | No Agent List