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B+
NoAgentList RatingHow are grades calculated?Info
Days21Days on Market
Views1view

$85,000

1650 E Polk Street, Paris, TX, 75460

$102,215 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.89 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating OtherHeating Other
CoolingCooling
AppliancesNone

Exterior

Lot Size6,229 sqft

Building Information

Year Built1989
Stories1

Land Information

APN11648
Lot Number5
SubdivisionGibbons-Braden Addition
Land UseResidential
Legal DescriptionGIBBONS-BRADEN ADDITION, BLOCK 12, LOT 5, 1650 E POLK 1650 E POLK
Census Tract001000
Assessed Land Value$5,000
Assessed Improvement Value$22,310
Assessment Year2025

About this property

3-bed, 1-bath home featuring a fresh, updated interior with new walls and paint. The bathroom tile has also been updated. Needs flooring, but great for investors or buyers looking to make it their own in the heart of Paris. Includes a brand-new roof installed in October 2025.

Investor Tools

$21,133Estimated Mortgage Balance
$67,867Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$102,215
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

Interested in this property?

Tabi Imah

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$80/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$515
$27,310
2025
$5,000
$22,310
$27,310
No

Tax History

Year
Tax Paid
Assessed Value
2022
$515
$27,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aaron Kelton
Commercial
$22,100
No
First
Dec 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,133
$67,867
76%
24%
$133/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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1650 E Polk Street | Property Details | No Agent List