Last 24 Hours
$175,230
NAL Estimated Property Value6240 Farm Road 1508 Road, Paris, TX, 75462
Off Market
Commercial
— Beds
— Bath
3,000 Sq Ft
Business
Built in 1998Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size4.08 acres
Building Information
Year Built1998
Land Information
APN403578
Lot Number12-1
SubdivisionJ W Williams Survey
Land UseAgriculture / Farming
Legal DescriptionA1001 J W WILLIAMS SURVEY, TRACT 12-1, ACRES 4.08
Census Tract000900
Assessed Land Value$50,570
Assessed Improvement Value$124,660
Assessment Year2025
About this property
Expand your investment portfolio with this 20 unit storage business with room to expand, Shop with living quarters, HVAC, Carport, Bay Door & Fenced in Barn. Less than half a mile away from Paris, Cox Field Municipal Airport, this opportunity doesn't come often. Room for expansion!
Investor Tools
$175,230
Estimated Property Value
$140,275Estimated Mortgage Balance
$34,955Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,724 /month
Positive
Cash Flow Estimate:
$908 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,196
$175,230
2025
$50,570
$124,660
$175,230
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,196
$175,230
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Unknown
$150,000
No
First
Nov 30, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,275
$34,955
19%
80%
$900/mo
12.4%