646 & 718 S MAIN STREET, PARIS, TX 75460

Homes for sale in Paris.

Homes for sale in 75460.


Pending

List Price$229,000

646 & 718 S Main Street

Paris, TX 75460

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

Listing #21116272

8,640

Square Feet

Multi-Unit Residential

Type

About This Property

Discover a rare investment opportunity in Paris, Texas just south of downtown--a prime location for anyone seeking fixer-upper properties, value-add rentals, or redevelopment projects. This offering includes two houses with a total of 8,640 square feet sold together for one price, both currently divided into multiple apartment units with varying conditions. Perfect for investors looking for renovation projects, cash-flow potential, or a property to reposition and increase long-term rental income. These properties offer excellent upside for a seasoned investor or a new buyer wanting to build a rental portfolio in Paris, TX. With flexible layouts, the structures can be renovated as multi-unit rentals, converted back to single-family homes, or fully reimagined with a redevelopment plan. The location provides quick access to shopping, dining, and the conveniences of Paris's growing south-side corridor. Investors also have the option to purchase two additional single-family homes, creating an even larger acquisition and expanding the chance to maximize returns across multiple doors. Opportunities like this--multiple units, expansion options, and strong value-add potential--are increasingly hard to find. Properties sold as-is. Investors check out MLS 21115900 and MLS 21116212 for additional opportunities offered by this seller.

Property Features

Location Information

County

Lamar

Subdivision

City Of Paris

Interior Features

Interior

Other

Heating

Central, Electric

Full Baths

0

Cooling

Central Air, Ceiling Fan(s), Electric

Has Fireplace

No

Floors

Other

Number of Fireplaces

0

Total Number of Units

0

Exterior Features

Stories

2

Pool Description

None

Construction

Board & Batten Siding

Lot Size in Acres

0.522

Foundation

Other

Lot Size in Sq. Ft.

22,738

Roof

Other

Buildings

3

Utilities

Electricity Available, Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

8,640

Parking Description

Other

Is One Story

No

School

Elementary School District

Paris ISD

High School

Paris

Elementary School

Justiss

Additional Information

Year Built Details

Preowned

Has a Home Owners Association

No

Property Type

RI

Tax Annual Amount

3146.0

Status

Pending

Lot Acres Source

Assessor

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Mortgage Calculator

$1,068

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$825

Monthly Tax

$190

Monthly Insurance

$53

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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