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3 Beds
1 Bath
2,488 sqft

$480,000

528 Stonegate Drive, Paradise TX, 76073

Price per sqft$192.93
Built in1983
Property size2,488 sqft
Property typeManufactured

Overview

Active

Updated 5 days ago

Welcome to Paradise, Texas where the name truly reflects the setting. This scenic 5-acre, tree-covered property offers a unique opportunity for both investors and future homeowners. The land is lush and green year-round and features two well-maintained mobile homes, both currently producing income. The first home offers 3 bedrooms and 1 bathroom, while the second features 2 bedrooms and 1 bathroom. Both homes have new roofs and are separately metered for electricity, which is paid by the tenants. City water services the property, with usage handled between the tenants, and there are two separate septic systems in place. With no zoning restrictions, this property offers flexibility—continue operating as a rental investment, build a new home, or explore other permitted uses. A county restriction allows one home per 2.5 acres, providing additional development potential. The property currently generates $1,660 in gross monthly rental income, with both tenants on month-to-month leases, offering flexibility for a new owner. Owner financing is available with a substantial down payment at 5% interest for 20 years, making this an attractive opportunity to own acreage in a desirable rural setting.

$3,193/mo

Est. mortgage payment based on a $480,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21137068

Interior Features

Bedrooms
3
Bathrooms
1
Basement
No

Exterior Features

Lot Size
5 Acres

Other Property Details

Taxes
$3,833
Tax Frequency
Annually

Listed by Teresa Von Illyes with AmeriPlex Realty, Inc.
Listing Contact:  

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/3/2026 at 6:03 AM UTC

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