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$139,000
NAL Estimated Property Value271 N East Side, Paris, TX, 75460
Off Market
About this property
4.2 acres of development possibilities with approximately 262 feet of road frontage on Highway 271N with HIGH traffic count and access from the road behind it. Inside the city limits of Paris, this property is minutes from Loop 286 with nearby businesses such as Love's Truck Stop, a new Cefco, Paris Regional Medical Center, North Lamar ISD and Campbell Soup. Opportunity with income potential already in place with a ground lease of a radio tower generating $850 a month.
Investor Tools
$139,000
Estimated Property Value
$0Estimated Mortgage Balance
$139,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%