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$275,000

1975 E Cherry, Paris, TX, 75460

On MarketInfo
Baths0 Bath
Baths2,788 Sq Ft
price_per_sqft$98.64 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

High Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating OtherHeating Other
CoolingCooling
AppliancesNone

Exterior

Lot Size22,477 sqft

Building Information

Year Built2014
Stories1

Land Information

APN17622
Lot Number5
SubdivisionCity Of Paris
Land UseResidential
Legal DescriptionCITY OF PARIS, BLOCK 227-D, LOT 5, 1975 E CHERRY & 415 NE 20TH. LIFE ESTATE OF JUDITH A MALONE. 1975 E CHERRY & 415 NE 20TH.
Census Tract000500
Assessed Land Value$11,250
Assessed Improvement Value$120,730
Assessment Year2025

About this property

Commercial Opportunity – Prime Location on E Cherry St, Paris, TX Positioned along a well-traveled corridor in Paris, this property at 1975 E Cherry Street offers an excellent opportunity for commercial redevelopment, ideal for a franchise convenience store, retail use, or service-based business 1) Property Description Currently improved with a residential structure, the true value lies in the land and its strategic location. The site provides strong visibility, easy access, and consistent traffic flow—key factors for a successful convenience store or similar commercial venture. Surrounded by established neighborhoods and ongoing local activity, this property is well-suited to serve both residential customers and pass-through traffic. Its positioning makes it a strong candidate for rezoning or conversion to commercial use (buyer to verify with local authorities). Key Highlights: High-visibility frontage on E Cherry Street Strong daily traffic counts and accessibility Located within a growing area of Paris Ideal for convenience store, quick-service retail, or franchise development Existing residential structure on-site (not primary value consideration) Potential for commercial rezoning (buyer to verify) Unlock the potential of this well-located parcel and bring your commercial vision to life in one of Paris’s active corridors.

Investor Tools

$0Estimated Mortgage Balance
$156,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

James Cain

United Country Altaterra Realt

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$752
$131,980
2025
$11,250
$120,730
$131,980
No

Tax History

Year
Tax Paid
Assessed Value
2022
$752
$131,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,000
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.

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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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