SW SIDE LOOP 286, PARIS, TX 75460
Homes for sale in Paris.
Homes for sale in 75460.
List Price$1,100,000
SW Side Loop 286
Paris, TX 75460
Listing #21142586
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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