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$430,020

NAL Estimated Property Value

26 2nd St Ne, Paris, TX, 75460

$559,026 ARVInfo
Off MarketInfo
CommercialInfo
Baths12,740 Sq Ft
Year BuiltBuilt in 1913

Highlights

Interior

FlooringBrick, Concrete, Hardwood, Linoleum, Marble

Exterior

Lot Size13,286 sqft

Building Information

Year Built1913
Stories2

Land Information

APN101544
SubdivisionCity Of Paris
Land UseCommercial
Legal DescriptionCITY OF PARIS, BLOCK 18, 26 NE 2ND 26 NE 2ND
Census Tract000500
Assessed Land Value$14,350
Assessed Improvement Value$415,670
Assessment Year2025

About this property

Discover the perfect blend of history and opportunity with this remarkable 3-story commercial property, located in the heart of the bustling historic district of Paris, Texas. With its stately columns and timeless architectural design, this property is a true showstopper. Inside, you’ll find a versatile layout spanning three levels, including a spacious basement that holds a unique piece of history: it served as a World War II fallout shelter, offering a rare glimpse into the past. The basement also features the original boiler, further adding to the building’s historical allure. This property’s prime location places it among charming local shops, inviting cafes, and iconic landmarks, ensuring excellent visibility and foot traffic. Whether you envision a boutique storefront, office spaces, or a mixed-use development, this building’s character and flexibility make it an exceptional investment opportunity. Its grand entrance and historic charm provide the perfect backdrop for any business venture, while the potential to preserve and highlight its historical elements offers added appeal. Don’t miss your chance to own a truly one-of-a-kind property in the heart of Paris, Texas. Bring your vision and make history come alive in this remarkable space. Contact the listing agent directly to schedule your private showing today!

Investor Tools

Property Icon
$430,020
Estimated Property Value
$172,847Estimated Mortgage Balance
$257,504Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$559,026
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,658
$430,020
2025
$14,350
$415,670
$430,020
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,658
$430,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Liberty National Bank In Paris
Commercial
$190,000
No
First
Jul 29, 2021
Jan 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,847
$257,173
59%
40%
$1,140/mo

Learn About the Market: Opportunity in Texas

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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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26 2nd St Ne | Property Details | No Agent List