Paragon Realtors Real Estate

646 & 718 S Main StreetParis, TX 75460Price: $229,000

  • Price: $229,000
  • Est. Mortgage of $/month
  • 176 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $229,000List Price
  • 0.52Acreage

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Listed by Jeff Austin of Ebby Halliday Realtors (903-893-5921)
Discover a rare investment opportunity in Paris, Texas just south of downtown-a prime location for anyone seeking fixer-upper properties, value-add rentals, or redevelopment projects. This offering includes two houses with a total of 8,640 square feet sold together for one price, both currently divided into multiple apartment units with varying conditions. Perfect for investors looking for renovation projects, cash-flow potential, or a property to reposition and increase long-term rental income. These properties offer excellent upside for a seasoned investor or a new buyer wanting to build a rental portfolio in Paris, TX. With flexible layouts, the structures can be renovated as multi-unit rentals, converted back to single-family homes, or fully reimagined with a redevelopment plan. The location provides quick access to shopping, dining, and the conveniences of Paris's growing south-side corridor. Investors also have the option to purchase two additional single-family homes, creating an even larger acquisition and expanding the chance to maximize returns across multiple doors. Opportunities like this-multiple units, expansion options, and strong value-add potential-are increasingly hard to find. Properties sold as-is. Investors check out MLS 21115900 and MLS 21116212 for additional opportunities offered by this seller.

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Based on information submitted to North Texas Real Estate Information Services as of May 15, 2026 11:10 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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