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$19,550

NAL Estimated Property Value

1020 Cannon Place, Paris, TX, 75462

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,797 sqft

Land Information

APN108957
Lot Number18
SubdivisionTownwood Estates I
Land UseVacant Land
Legal DescriptionTOWNWOOD ESTATES I, BLOCK A, LOT 18
Census Tract000500
Assessed Land Value$19,550
Assessment Year2025

About this property

Great opportunity to own a build-ready lot in a growing and desirable area of Paris! This 50 x 149 deep lot (approximately 0.18 acres) is the perfect place to build your dream home or add to your investment portfolio. The property already has a water line installed, saving the future owner time and money during construction. Located in a quiet neighborhood with lake access across the street, this property offers both peaceful surroundings and convenient access to nearby amenities including schools and the local hospital. With no HOA restrictions, you have the flexibility to design and build the home that fits your vision. The spacious lot provides plenty of room for a home, outdoor living area, or even a pool. Whether you’re looking to build now or hold for future appreciation, this is a great investment opportunity in an area where new homes are being developed and property values continue to grow. Don’t miss your chance to secure a well-located lot with excellent potential in Paris, Texas!

Investor Tools

Property Icon
$19,550
Estimated Property Value
$0Estimated Mortgage Balance
$19,550Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$360 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$38/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$362
$19,550
2025
$19,550
N/A
$19,550
No

Tax History

Year
Tax Paid
Assessed Value
2022
$362
$19,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$19,550
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Paris

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1020 Cannon Place | Property Details | No Agent List