1905 E PRICE STREET, PARIS, TX 75460
Homes for sale in Paris.
Homes for sale in 75460.
List Price$895,000
1905 E Price Street
Paris, TX 75460
Listing #21093623
About This Property
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
Property Features
Location Information
County
Lamar
Subdivision
City Of Paris
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities
Heating
Electric
Total Number of Units
12
Cooling
Central Air
Accessibility
ADA Compliant, Accessible Full Bath, Accessible Appr
Floors
Luxury Vinyl Plank
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
46,522
Foundation
Slab
Possible Best Use
Hotel/Motel, Medical/Denta
Roof
Composition
Zoning
Residential Multi-Family
Utilities
Cable Available, Electricity Available, Electricity Connected, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
11,317
Security System
Fire Sprinkler System, Smoke Detector(s)
Road Description
City Street, Gravel
Parking Description
Attached Carport, Additional Parking, Circular Driveway, Carport, Driveway
Is One Story
No
Lot Description
Backs to Greenbelt/Park, Landscaped, Few Trees
Lot Description
Backs to Greenbelt/Park, Landscaped, Few Trees
Lot Size in Acres
1.068
Additional Information
Year Built Details
Preowned
Tax Annual Amount
21206.0
Property Type
COM
Community Features
Sidewalks
Property SubType
Hotel/Motel
Documents Available
Aerial
Year Built
1960
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$4,178
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,225
Monthly Tax
$745
Monthly Insurance
$208
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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