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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Tornado
Hail
Heat Wave
Strong Wind
Winter Weather
Inland Flooding
Lightning

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,525$54,300
Home Insurance *$1,792$21,504
Property Taxes $656$7,872
Electricity $1,242$14,912
Total$8,215$98,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$281,657/yr
40% on housing$246,450/yr
45% on housing$219,066/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 75460$95
Lamar County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 75460$78
Lamar County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-20Price change$895,000
2026-04-12Listed for sale$990,000

For Sale by Agent

AgentShannon Miles
BrokerageEXP REALTY

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