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$124,000

NAL Estimated Property Value

2332 Simpson St, Paris, TX, 75460

Recently SoldInfo
8/03/26
Beds2 Beds
Baths1 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.8 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating OtherHeating Other
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range

Exterior

Lot Size9,453 sqft

Building Information

Stories1
Garage Spaces1

Land Information

APN19844
Lot NumberE
SubdivisionStellrose Addition
Land UseResidential
Legal DescriptionSTELLROSE ADDITION, BLOCK 2, LOT E PT 18 & 19 & W PT OF 16 & 17, 2332 SIMPSON 2332 SIMPSON
Census Tract001000
Assessed Land Value$4,720
Assessed Improvement Value$101,610
Assessment Year2025

About this property

Open to All Offers – Tudor-Style Home with Upside Potential This 2-bedroom, 1-bath Tudor-style home in Paris offers both character and potential. Steep rooflines, painted brick, and an arched entry create instant curb appeal, while inside, a masonry fireplace anchors the main living area, which flows into a functional kitchen with ample counter space and direct access to the sunroom. The primary bedroom is generously sized, and the secondary bedroom provides flexibility for a guest room, office, or hobby space, making the layout adaptable to multiple uses. The property will need some updates and repairs, giving buyers with vision the chance to enhance both function and value. Features like the vintage greenhouse, connected layout, and open yard provide multiple ways to increase appeal, whether for resale or long-term rental positioning. Set on a 9,452 sq ft lot in an established neighborhood with convenient access to local amenities, this home combines distinctive character with clear upside potential. Sold as-is; inspections and contractor evaluations are recommended to assess opportunities.

Investor Tools

Property Icon
$124,000
Estimated Property Value
$53,391Estimated Mortgage Balance
$71,078Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$76/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$290
$106,330
2025
$4,720
$101,610
$106,330
No

Tax History

Year
Tax Paid
Assessed Value
2022
$290
$106,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Va
$69,900
Yes
First
Jul 8, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,391
$70,609
56%
43%
$0/mo

City: Paris

2332 Simpson St | Property Details | No Agent List