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$275,000

TBD FM 2123, Paradise, TX, 76073

On MarketInfo
Baths0 Bath

About this property

Prime 1.71-acre tract with approximately 139 feet of highway frontage on FM 2123 in Cottondale, TX. This cleared and level property sits in a highly visible location directly next to Cottondale Grocery and Shamrock fuel station, offering excellent exposure along a well-traveled corridor with an estimated 1,500+ vehicles per day. Located in unincorporated Wise County outside city limits, the property offers flexible potential for residential, commercial, or mixed-use development with no city zoning and no MUD or PID taxes. The tract measures approximately 139 ft of road frontage with a depth ranging from roughly 386–528 ft, providing ample space for a variety of uses including a contractor yard, equipment storage, small retail site, truck parking, shop, or investment property. Electric service available through Tri-County Electric Cooperative, rural water service nearby through West Wise SUD, and septic system would be required. Rare opportunity to secure highway frontage in the growing corridor between Azle and Paradise, just a short drive from the Fort Worth metro area. All info provided is deemed reliable but not guaranteed and should be independently verified buy buy and or buyers agent, including but not limited to property boundaries, acreage, utilities. development restrictions, zoning, and intended use. Survey is Available.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Bonnie Lee

Coldwell Banker Realty

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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TBD FM 2123 | Property Details | No Agent List