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$245,230

NAL Estimated Property Value

2308 E Cherry Street, Paris, TX, 75460

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$68.52 / sqft

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size4,700 sqft

Building Information

Stories1
Garage Spaces1

Land Information

APN18176
Lot Number2
SubdivisionCity Of Paris
Land UseResidential
Legal DescriptionCITY OF PARIS, BLOCK 257-A, LOT 2, 2308 E CHERRY, ACRES .47 2308 E CHERRY
Census Tract000401
Assessed Land Value$15,360
Assessed Improvement Value$229,870
Assessment Year2025

About this property

Space, space and more space is what you get with this newly remodeled home on oversized lot! 2 large bedrooms and 2 baths downstairs, 2 bedrooms and 1 bath upstairs. Home was totally remodeled in 2019-20. All new electrical, plumbing, HVAC system, flooring, kitchen, insulation, siding and gutters. Let’s look at this one today!

Investor Tools

Property Icon
$245,230
Estimated Property Value
$154,420Estimated Mortgage Balance
$90,810Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,471 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,664
$245,230
2025
$15,360
$229,870
$245,230
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,664
$245,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$169,100
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,420
$90,810
37%
63%
$1,014/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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2308 E Cherry Street | Property Details | No Agent List