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Days29Days on Market
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$449,000

1040 Cannon Place, Paris, TX, 75462

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.5 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size7,841 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN108959
Lot Number20
SubdivisionTownwood Estates I
Land UseResidential
Legal DescriptionTOWNWOOD ESTATES I, BLOCK A, LOT 20, 1040 CANNON LN 1040 CANNON LN
Census Tract000500
Assessed Land Value$19,550
Assessed Improvement Value$380,450
Assessment Year2025

About this property

LOCATION LOCATION LOCATION This beautiful home still smells new! Near Paris Regional Medical Center and schools, this custom home includes all the wow factors you look for in a new home! Open floorpan with LVP floors and tile, NO CARPET! Home features light filled windows and custom blinds. Kitchen is suited for chef and entertainer with painted accent cabinets and island with pretty farm sink and all the extras you want in a kitchen. Gorgeous bathroom with oversized shower in the primary bath with floating shower doors and freestanding tub. Mudroom and large laundry. Garage has bonus work area. Large backyard and glorious covered patio with ceiling fan! Home is surrounded by other new homes by the same builder. This home also features a community lake across the street to the north! NLISD!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$0Estimated Mortgage Balance
$408,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Sherrie Holbert

Century 21 Executive Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,999
$400,000
2025
$19,550
$380,450
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$6,999
$400,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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