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$114,000

NAL Estimated Property Value

1116 Belmont St, Paris, TX, 75460

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.48 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Gas Water Heater

Exterior

Lot Size5,881 sqft

Building Information

Year Built1987
Stories1

Land Information

APN10237
Lot Number3
SubdivisionBelmont Addition
Land UseResidential
Legal DescriptionBELMONT ADDITION, BLOCK 12, LOT 3, 1116 BELMONT 1116 BELMONT
Census Tract000500
Assessed Land Value$1,470
Assessed Improvement Value$110,260
Assessment Year2025

About this property

Investment property ready for renovations! Slab foundation. Central Heat and air. And an adjoining corner lot for more space or to build on.

Investor Tools

Property Icon
$114,000
Estimated Property Value
$102,079Estimated Mortgage Balance
$11,921Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$111,730
2025
$1,470
$110,260
$111,730
No

Tax History

Year
Tax Paid
Assessed Value
2022
N/A
$111,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers Bank & Trust
Commercial
$104,550
No
First
Jan 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,079
$11,921
10%
90%
$627/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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1116 Belmont St | Property Details | No Agent List