SW SIDE LOOP 286, PARIS, TX 75460

Homes for sale in Paris.

Homes for sale in 75460.


Active

List Price$1,100,000

SW Side Loop 286

Paris, TX 75460

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Listing #21142586

37.49

Acres

Lots / Land

Type

About This Property

Located in the heart of Paris, Texas, this 37-acre development property offers incredible potential for commercial development. Situated right off Loop 286, this land provides easy access to major roadways, existing infrastructure, and the opportunity for rezoning to suit a wide range of commercial uses. This makes it an ideal investment for developers and businesses looking to capitalize on Paris' growth. With existing 8-inch water and sewer main lines already in place, this opportunity ensures a reliable supply of essential services for future development. Additionally, the property is located within an Opportunity Zone, offering significant tax incentives to investors. This unique designation allows developers to take advantage of federal tax breaks, including tax deferrals and potential tax exclusions on capital gains from new investments. Paris is experiencing rapid growth in its community, largely due to its strategic location, just a short drive from the Dallas-Fort Worth Metroplex (DFW). The property's proximity to DFW offers outstanding connectivity to major highways and transportation routes, making it a prime location for commercial enterprises, distribution centers, and retail developments. The Paris Economic Development Corporation (PEDC) is committed to supporting new businesses and developers through incentives and resources. This makes the property even more appealing, as the city offers a supportive environment for growth. This 37-acre commercial development property in Paris, Texas offers a rare opportunity for developers to capitalize on the region's growth. The ability to rezone and take advantage of Opportunity Zone incentives makes it an ideal investment for those seeking to maximize returns in a growing market. Don't miss out on this exceptional chance to build in one of Northeast Texas' most promising areas.

Property Features

Location Information

County

Lamar

Subdivision

City Of Paris

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Other

Zoning

SFR

Lot Description

Acreage, City Lot

Development Status

Zoned

Lot Size in Acres

37.49

Road Description

City Street, State Road

Lot Size in Sq. Ft.

1,633,064

Is One Story

No

Current Use

Development, Investment

Lot Description

Acreage, City Lot

School

Elementary School District

Paris ISD

High School

Paris

Elementary School

Justiss

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

2620.0

Status

Active

Similar Listings

Mortgage Calculator

$5,135

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,963

Monthly Tax

$916

Monthly Insurance

$256

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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