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1420 Fm 2123, Paradise, TX, 76073

5beds
5baths
4,291sqft
$2,750,000
$641price/sqft
$17,385/moest. monthly cost
$695,400/yrincome needed

About This Home

Luxury country living meets ranch functionality on this spectacular 36-acre estate in Paradise, Texas. Set well off the road behind a private gated entrance, this exceptional property offers breathtaking views, rolling pastures, mature oak trees, and peaceful privacy. Encompassing 4,291 square feet, the custom home features 5 bedrooms, 4 full baths, and a half bath, with soaring ceilings, open living areas, and quality finishes throughout. The upstairs level offers a spacious game room with wet bar, generous storage or craft room, and a private bedroom with a full bath, providing flexible living space for guests, extended family, or teens. The backyard is an entertainer's dream with a resort-style pool featuring a waterfall, slide, and spa, expansive patio, covered outdoor kitchen, and putting green—perfect for relaxing afternoons, weekend gatherings, and unforgettable Texas sunsets. Designed for ranching, horses, or recreation, the 36 cross-fenced acres include improved pasture, barns, corrals, greenhouse, chicken coop, and a large stock tank. Cattle guards allow easy access while maintaining secure pastures. The homesite is enclosed with attractive white vinyl fencing, while the remaining acreage is fenced with barbed wire that provides convenient access throughout the property while maintaining secure pastures A massive covered equipment barn offers space for tractors, RVs, boats, trailers, or additional vehicle storage. An unfinished two-story outbuilding provides endless possibilities for a future workshop, guest quarters, office, hobby space, or custom barn conversion. A sweeping circular driveway leads to this private ranch retreat with panoramic countryside views. From relaxing poolside and fishing in the stock tank to raising livestock and enjoying spectacular Texas sunsets, 1420 FM 2123 perfectly blends luxury and country living.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

--
4/10
Bridgeport Middle SchoolGrades 6-83.0 mi
4/10
Bridgeport High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Double Oven,Dryer,Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Gas Water Heater,Microwave,Refrigerator,Water Softener,Vented Exhaust Fan,Warming Drawer,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Features: Ceiling Fan(s),Split Bedrooms,Walk-In Closet(s)
  • Level: First
  • Dimensions: 11 x 11

Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Split Bedrooms,Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 13

Bedroom

  • Features: Built-in Features,Ceiling Fan(s),En Suite Bathroom,Split Bedrooms,Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 15

Bedroom

  • Features: Built-in Features,Ceiling Fan(s),Walk-In Closet(s)
  • Level: Second
  • Dimensions: 14 x 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Bonus Room

  • Features: Built-in Features
  • Level: Second
  • Dimensions: 15 x 21

Breakfast Room Nook

  • Features: Breakfast Bar,Eat-in Kitchen,Kitchen Island,Pantry
  • Level: First
  • Dimensions: 8 x 18

Dining Room

  • Level: First
  • Dimensions: 12 x 13

Features

  • Built-in Features,Chandelier,Cathedral Ceiling(s),Central Vacuum,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet,In-Law Floorplan,Kitchen Island,Open Floorplan,Pantry,Smart Home,Cable TV,Vaulted Ceiling(s),Wired for Data,Natural Woodwork,Walk-In Closet(s),Wired for Sound
  • Window features: Shutters
  • Flooring: Carpet,Concrete,Other,Wood
  • Number of fireplaces: 3
  • Fireplace features: Bedroom,Gas,Gas Log,Living Room,Outside,Propane
  • Fireplace: Yes

Game Room

  • Features: Built-in Features,Ceiling Fan(s)
  • Level: Second
  • Dimensions: 23 x 18

Half Bath

  • Level: First
  • Dimensions: 7 x 7

Heating & Cooling

  • Heating features: Central,Fireplace(s),Heat Pump,Propane
  • Cooling features: Attic Fan,Central Air,Ceiling Fan(s),Electric,Heat Pump,Multi Units,Roof Turbine(s)

Interior Area

  • Total interior livable area: 4,291 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Granite Counters,Kitchen Island,Pantry,Walk-In Pantry
  • Level: First
  • Dimensions: 30 x 13

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 23 x 18

Master Bathroom

  • Features: Built-in Features,Closet Cabinetry,Dual Sinks,Double Vanity,En Suite Bathroom,Garden Tub/Roman Tub,Jetted Tub,Multiple Shower Heads,Stone Counters,Sitting Area in Primary
  • Level: First
  • Dimensions: 11 x 15

Master Bedroom

  • Features: Closet Cabinetry,Ceiling Fan(s),Dual Sinks,Double Vanity,En Suite Bathroom,Fireplace,Garden Tub/Roman Tub,Sitting Area in Primary,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 16 x 18

Office

  • Features: Built-in Features,Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 3

Other

  • Features: Built-in Features,Linen Closet,Separate Shower
  • Level: First
  • Dimensions: 6 x 6

Other

  • Features: Built-in Features,Double Vanity,Jack and Jill Bath,Linen Closet,Separate Shower
  • Level: First
  • Dimensions: 5 x 8

Other

  • Features: Built-in Features,En Suite Bathroom
  • Level: Second
  • Dimensions: 11 x 6

Utility Room

  • Features: Built-in Features,Closet,Utility Room,Utility Sink
  • Level: First
  • Dimensions: 10 x 6

Utility Room

  • Features: Closet
  • Level: First
  • Dimensions: 3 x 8

Property

Details

  • Parcel number: 742778
  • Other equipment: Generator,Irrigation Equipment
  • Exclusions: All personal items,furniture. Some furniture & other items will be for sale. See Listing agent and TD for details on exclusions and for sale items.
  • Horse amenities: Barn,Stock Pen(s)

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Diving Board,Gunite,Heated,In Ground,Outdoor Pool,Other,Pool,Private,Pool Sweep,Waterfall,Water Feature
  • Patio & porch: Rear Porch,Front Porch,Patio,Covered
  • Exterior features: Built-in Barbecue,Barbecue,Gas Grill,Lighting,Outdoor Grill,Outdoor Kitchen,Rain Gutters
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Barbed Wire,Cross Fenced,Fenced,Full,Vinyl
  • Residential vegetation: Cleared,Crop(s),Grassed

Lot

  • Lot size: 36.65 Acres
  • Features: Acreage,Agricultural,Back Yard,Cleared,Hardwood Trees,Interior Lot,Lawn,Landscaped,Level,Pasture,Pond on Lot,Sloped,Sprinkler System,Few Trees

Parking

  • Total spaces: 11
  • Parking features: Additional Parking,Circular Driveway,Concrete,Covered,Carport,Door-Multi,Detached Carport,Door-Single,Driveway,Electric Gate,Garage,Garage Door Opener,Gravel,Heated Garage,Inside Entrance,Kitchen Level,Lighted,Other,Oversized,RV Carport
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 11
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Wildfire
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,905$166,860
Home Insurance *$1,750$21,000
Property Taxes $1,259$15,108
Electricity $471$5,654
Total$17,385$208,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$596,057/yr
40% on housing$521,550/yr
45% on housing$463,600/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$641This listing

vs Other Active Listings

Avg $/sqft

ZIP 76073$255
Wise County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 76073$204
Wise County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$2,750,000
2020-11-12Listing removed$995,000
2020-10-30Pending sale$995,000
2020-10-15Price change$995,000
2020-09-14Price change$1,050,000
2020-08-28Price change$1,075,000
2020-08-11Listed for sale$1,100,000

For Sale by Agent

AgentColleen Walker
BrokerageColdwell Banker Realty

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