Estimated payment $7,052/month
Highlights
- Adjacent to Greenbelt
- Circular Driveway
- Accessible Approach with Ramp
- Paris High School Rated A-
- Built-In Features
- ADA Compliant
About This Home
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.
Listing Agent
EXP REALTY Brokerage Phone: 469-588-8395 License #0734748 Listed on: 04/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,206
Year Built
- Built in 1960
Lot Details
- 1.07 Acre Lot
- Adjacent to Greenbelt
- Wood Fence
- Chain Link Fence
- Landscaped
- Few Trees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1-Story Property
- Built-In Features
- Luxury Vinyl Plank Tile Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Full Bathrooms
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Attached Carport
- Circular Driveway
- Additional Parking
Accessible Home Design
- Accessible Full Bathroom
- ADA Compliant
- Accessible Approach with Ramp
Schools
- Aiken Elementary School
- Paris High School
Utilities
- Central Air
- Heating Available
- Overhead Utilities
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 9-A / 220-A
- Assessor Parcel Number 22040
Community Details
Overview
- 12 Units
- 11,317 Sq Ft Building
- City Of Paris Subdivision
Building Details
- Gross Income $180,000
- Net Operating Income $136,000
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2026 04/12/26 | For Sale | $990,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Texas Lone Star Title Lp | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Fidelity National Title Age |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $290,000 | Seller Take Back | |
| Previous Owner | $327,900 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21237120
APN: 22040
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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