1905 E PRICE STREET, PARIS, TX 75460

Homes for sale in Paris.

Homes for sale in 75460.


Active

List Price$895,000

1905 E Price Street

Paris, TX 75460

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21093623

11,317

Square Feet

12

Number of Units

Commercial

Type

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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