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1905 E Price St #A, Paris, TX, 75460

12beds
5baths
11,317sqft
$895,000
$79price/sqft
$8,215/moest. monthly cost
$328,600/yrincome needed

About This Home

Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

3/10
7/10
Paris Junior High SchoolGrades 7-81.7 mi
6/10
Paris High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Some Gas Appliances,Plumbed For Gas

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 5
  • Full bathrooms: 12

Features

  • Built-in Features
  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 11,317
  • Total interior livable area: 11,317 sqft

Property

Accessibility

  • Accessibility features: ADA Compliant,Accessible Full Bath,Accessible Approach with Ramp

Details

  • Parcel number: 22040

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Chain Link,Wood

Lot

  • Lot size: 1.07 Acres
  • Features: Acreage,Backs to Greenbelt/Park,Landscaped,Few Trees

Parking

  • Total spaces: 12
  • Parking features: Attached Carport,Additional Parking,Circular Driveway,Carport,Driveway
  • Has uncovered spaces: Yes
  • Carport: Yes