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$126,180

445 5th St Ne, Paris, TX, 75460

Off MarketInfo
Baths1 Bath
Baths1,451 Sq Ft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating OtherHeating Other
CoolingCooling

Exterior

Lot Size4,730 sqft

Building Information

Year Built1998
Stories1

Land Information

APN14371
Lot Number21-22
SubdivisionCity Of Paris
Land UseResidential
Legal DescriptionCITY OF PARIS, BLOCK 60, LOT 21-22, 445 5TH NE, ACRES .4730 445 5TH NE
Census Tract000500
Assessed Land Value$3,100
Assessed Improvement Value$123,080
Assessment Year2025

About this property

Perfect for investor to build duplexes or townhouses, this spacious .40-acre lot located just a stone’s throw from the charming Paris, Texas square. Tucked away in a quiet, established neighborhood, this generously sized parcel features mature trees and plenty of room to maximize investments or build single family residence. Go see the potential.

Investor Tools

Property Icon
$126,180
Estimated Property Value
$48,000Estimated Mortgage Balance
$86,331Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$757 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$65/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$149
$126,180
2025
$3,100
$123,080
$126,180
No

Tax History

Year
Tax Paid
Assessed Value
2022
$149
$126,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reverse Mortgage Solutions Inc
Reverse Mortgage / Hecm
$48,000
No
First
Feb 6, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,849
$86,331
68%
32%
$257/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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