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Listing provided courtesy of EXP REALTY- MLS# 21237120MLS ProviderContact Information: Shannon Miles - 469-588-8395

1905 E Price Street #AParis, TX 75460

Multi-Family · 12 Beds · 12 Full Baths · 1 Half Bath · 11,317 Sq. ft. | 1.07 Acres
$895,000 Active

1905 E Price Street #A Overview

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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.

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1905 E Price Street #A Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,317
  • Price/Sq.ft. $79
  • Lot 1.07 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Paris ISD
  • Elementary School: Aiken
  • Middle Or Junior School: Crockett,Travis
  • High School: Paris

Income/Expenses

  • Gross Income: 180000.0
  • Insurance Expense: 18000.0
  • Net Operating Income: 136000.0
  • Operating Expense Includes: Insurance,Maintenance

Building Information

  • Year Built: 1960
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Lamar
  • Postal City: PARIS
  • Subdivision Name: City Of Paris

Community/Development

  • Community Features: Sidewalks

Tax Information

  • Tax Annual Amount: 21206.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 22040
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 12
  • Bathrooms Half: 1
  • Bathrooms Total: 13
  • Bedrooms Total: 12

Building Interior

  • Building Area Source: Plans
  • Building Area Total: 11317.0

General Information

  • Accessibility Features: ADA Compliant,Accessible Full Bath,Accessible Approach with Ramp
  • Appliances: Some Gas Appliances,Plumbed For Gas
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Built-in Features
  • Levels: One
  • Security Features: Fire Sprinkler System,Smoke Detector(s)
  • Stories: 1

Unit Information

  • Unit Number: A

Exterior

Parking Information

  • Parking Features: Attached Carport,Additional Parking,Circular Driveway,Carport,Driveway
  • Parking Total: 12.0

Lot Information

  • Lot Features: Acreage,Backs to Greenbelt/Park,Landscaped,Few Trees
  • Lot Size Acres: 1.068
  • Lot Size Area: 1.068
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 46522.08
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Road Surface Type: Gravel
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport: Yes
  • Fencing: Chain Link,Wood
  • Number Of Units Total: 12
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Electricity Connected,Overhead Utilities,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 5

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 3

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 2

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 5 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1905 E Price Street #A Market Data

Based on the last 30 days in this zip code

$232,936
Average List Price
$118
Average Price per Square Foot
20
Properties Sold
116
Average Days on Market
150
Properties for Sale
Calculations provided by Reliance Network


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