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1905 E Price Street

Paris, TX 75460
  • $1,399,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 21093623
UPDATED: 69 min ago
$1,399,000
  • 0
    BEDS
  • 1.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Offered by Shannon Miles of EXP REALTY: 469-588-8395.

Description

Looking for a high-return investment opportunity in a thriving North Texas market? This versatile commercial property offers over 11,000 SF on 1+ acre with dual road frontage in a Multi-Family Dwelling District. Features 12 private rooms with full baths, office areas, commercial kitchen, laundry, and flex spaces ideal for multi-family, office, medical, or hospitality use. Centrally located near downtown, shopping, and medical centers"an ideal spot supporting strong lease demand and long-term value. Current income supports a 10% cap rate with potential for higher returns. Located in a Texas Opportunity Zone, offering tax incentives and development flexibility. Bring your vision"this property is ready to perform!

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-08T18:45:11.65.
www.hargroverealtygroup.com/homes/169178705
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1905 E Price Street Paris, TX 75460

  • Price: $1,399,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 69 min ago
  • MLS #: 21093623
0
Beds
0
Baths
0
½ Baths
1.07
Acres
1960
Built
Neighborhood:
City Of Paris
County:
Lamar
Area:
Paris
Property Description
Looking for a high-return investment opportunity in a thriving North Texas market? This versatile commercial property offers over 11,000 SF on 1+ acre with dual road frontage in a Multi-Family Dwelling District. Features 12 private rooms with full baths, office areas, commercial kitchen, laundry, and flex spaces ideal for multi-family, office, medical, or hospitality use. Centrally located near downtown, shopping, and medical centers"an ideal spot supporting strong lease demand and long-term value. Current income supports a 10% cap rate with potential for higher returns. Located in a Texas Opportunity Zone, offering tax incentives and development flexibility. Bring your vision"this property is ready to perform!
Exterior Features

Construction Brick Foundation Slab Lot Description Adjacent to GreenbeltFew TreesLandscaped Lot Size Source Assessor Parking Or Garage Additional ParkingAttached CarportCarportCircular DrivewayDriveway Road Frontage Type City Street Roof Composition Waterfront YN No

Interior Features

Accessibility Features Accessible Approach with RampAccessible Bath - FullMeets ADA Requirements Ceiling Height 8 to10 Feet11 to 14 Feet Cooling Central Air Flooring Luxury Vinyl Plank Handicap YN Yes Heating Electric Sq Ft Gross 11317

Property Features

Alarm Or Security Type Fire Sprinkler SystemSmoke Detector(s) Building Area Source Plans Building Area Total 11317.00 Building Use Hotel/MotelMedicalOfficeSchoolsOther Construction Status Preowned Gross Annual Expenses 44000.00 Gross Annual Income 180000.00 Listing Terms CashConventional Multi Zoning Yes Municipal Utility District No Net Operation Income 136000 Operating Expense Includes InsuranceMaintenance Possession Closing/Funding Property Type Office Special Notes Aerial Photo Tenant Pays All Utilities Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 21206 Utilities Cable AvailableCity SewerCity WaterCo-op ElectricElectricity ConnectedGravel/RockIndividual Water MeterOverhead UtilitiesSidewalk Will Subdivide No Zoning Residential Multi-Family

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-08T18:45:11.65.
 
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Hargrove Realty Group | Keller Williams
48 Emerald Pond Dr
Frisco TX, 75034
Offered by Shannon Miles of EXP REALTY: 469-588-8395.