$533,800
NAL Estimated Property Value410 N Collegiate Drive, Paris, TX, 75460
Off Market
Commercial
Highlights
Interior
FlooringCarpet, Concrete
Exterior
Lot Size4,812 sqft
Building Information
Year Built2007
Land Information
APN18276
Lot Number13
SubdivisionCity Of Paris
Land UseCommercial
Legal DescriptionCITY OF PARIS, BLOCK 259, LOT 13-D, CORNER OF N COLLEGIATE DR & EAST CHERRY CAUSE 80624, ACRES .4812 CORNER OF N COLLEGIATE
Census Tract000401
Assessed Land Value$67,920
Assessed Improvement Value$465,880
Assessment Year2025
About this property
Versatile multi-use building in a convenient high visibility location. Approximately 7400 total square footage. There is almost 5200 square feet consisting of a large showroom, 4 or more offices, open workroom, kitchen and restrooms. The remainder is a large, mostly open storage or production area with overhead door. All are heated and cooled. Upstairs is an additional 2000+ square feet of storage space that is not heated or cooled. Outside is generous parking and a corner lot. Excluded are all business related fixtures, equipment and inventory.
Investor Tools
$533,800
Estimated Property Value
$640,466Estimated Mortgage Balance
$533,800Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,390
$533,800
2025
$67,920
$465,880
$533,800
No
Tax History
Year
Tax Paid
Assessed Value
2022
$8,390
$533,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers Bank & Trust
Purchase Money Mortgage
$681,275
No
First
Feb 3, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$640,466
N/A
0%
120%
$4,085/mo
