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$165,000

2450 SE 40th Street, Paris, TX, 75460

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.69 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet, Combination

Exterior

Exterior FeaturesStorage
Lot Size5,009 sqft

Building Information

Year Built1990
Stories1

Land Information

APN105693
Lot Number3
SubdivisionCedar Park
Land UseResidential
Legal DescriptionCEDAR PARK, BLOCK B, LOT 3, 2450 SE 40TH 2450 SE 40TH
Census Tract000900
Assessed Land Value$5,000
Assessed Improvement Value$102,410
Assessment Year2025

About this property

Charming 3 bedroom, 2 bath home with just over 1,200 sq. ft. of comfortable living space! This home features neutral paint throughout, a private primary bedroom tucked at the back, and hard surface flooring in the main living areas with cozy carpet in the bedrooms. Outside, you’ll find a detached carport, fenced yard, and a handy storage building. Perfect as a first home or a great investment opportunity!

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$31,469Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,751
$107,410
2025
$5,000
$102,410
$107,410
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,751
$107,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$140,900
Yes
First
Nov 18, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,531
$31,469
19%
81%
$845/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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2450 SE 40th Street | Property Details | No Agent List