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$175,000

925 42nd Street SW, Paris, TX, 75460

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.17 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size14,985 sqft

Building Information

Garage Spaces2

Land Information

APN22607
Lot Number14
SubdivisionMeadow Park
Land UseResidential
Legal DescriptionMEADOW PARK, BLOCK A, LOT 14, 925 SW 42ND ST 925 SW 42ND ST
Census Tract000700
Assessed Land Value$11,250
Assessed Improvement Value$166,660
Assessment Year2025

About this property

Fantastic opportunity in the well established Meadow Park Subdivision just outside Loop 286 in Paris, TX! This classic red brick home features an open floor plan with a split bedroom design, wood-look tile in the main living areas, a welcoming gas-starter fireplace, and a primary suite equipped with an ensuite bath and dual closets. The oversized backyard is a true highlight, offering ample space along with a multi-use 20x25 fully insulated metal workshop complete with electricity and water access. Perfect for storage, projects, or hobby enthusiasts. An additional concrete pad beside the shop provides extra parking options or room for future add-ons. Inside, the home provides an excellent opportunity for personalization. While some fixtures are dated, the layout and structure give you a solid foundation to update and truly make the space your own. With strong upside potential, practical amenities, and zoning to Paris ISD, this home is a compelling find in a desirable neighborhood. Priced to move fast don’t miss your chance to make it yours. Reach out today for questions or to schedule a private showing. MULTIPLE OFFERS RECEIVED HIGHEST AND BEST DEADLINE @ 5:00 p.m. Nov 26 2025

Investor Tools

$141,850Estimated Mortgage Balance
$36,060Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,067 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,731
$177,910
2025
$11,250
$166,660
$177,910
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,731
$177,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$162,000
No
First
Dec 17, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,850
$36,060
20%
80%
$972/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.

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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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925 42nd Street SW | Property Details | No Agent List