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$174,800

122 Grand Ave, Paris, TX, 75460

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,308 Sq Ft
OfficeOffice
Year BuiltBuilt in 1930

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Wood

Exterior

Lot Size4,835 sqft

Building Information

Year Built1930
Stories3

Land Information

APN13610
Lot Number7
SubdivisionCity Of Paris
Land UseCommercial
Legal DescriptionCITY OF PARIS, BLOCK 1, LOT PT 7, 122 GRAND ST.LED FOR NANCY J WALDRUM 122 GRAND ST.LED FOR NANCY J WALDRUM
Census Tract000800
Assessed Land Value$4,200
Assessed Improvement Value$170,600
Assessment Year2025

About this property

BEAUTIFUL HISTORIC DOWNTOWN PARIS! This amazing 3 story building with 4212 square feet just half a block from the fountain in beautiful Downtown Paris! Currently houses an office downstairs, but the condition of the gorgeous wood floors and amazing tile ceilings lends itself to a multitude of opportunities! Think Air BNB, attorney office, financial office, restaurant, retail, you name it and it would fit perfectly here! Directly across from the popular 107! New roof. Could possibly qualify for a facade Grant through the Main Street project. Don't let this beautiful building slip by!

Investor Tools

Property Icon
$174,800
Estimated Property Value
$0Estimated Mortgage Balance
$174,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,649 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,263
$174,800
2025
$4,200
$170,600
$174,800
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,263
$174,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$174,800
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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122 Grand Ave | Property Details | No Agent List