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Paris, TX Apartment Buildings for Sale

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Paris, Texas Multifamily Property
Updated: Feb 23
Paris, Texas Multifamily Property

625 Bonham St, Paris, TX 75460

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15,625 sqft 0.71 AC lot
First‑lien non‑performing mortgage loan secured by a 16‑unit multifamily property.
Full interior renovations completed in 2023 at a cost of approximately $472,655 ($29,541 per unit).**
Located in Paris, Texas at 625–637 Bonham Street.
Net rentable area of 12,975 SF on a 0.714‑acre lot.
Diverse unit mix including studio, one‑bedroom, two‑bedroom, and three‑bedroom units.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Paris, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Unit Townhome Apartment Portfolio
8-Unit Townhome Apartment Portfolio

Mount Pleasant, TX 75455

$1,999,990
12,000 sqft 0.16 AC lot

Newer attached residences offer garages, private outdoor space, and a mix of long-term and short-term occupancy.

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Five-Unit Apartment Building
Five-Unit Apartment Building

700 S Donoho Street, Clarksville, TX 75426

$249,900
0.27 AC lot

Brick multifamily property with individually metered electricity and a mix of occupied and renovation-ready units.

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25-Unit Apartment Building
25-Unit Apartment Building

Mount Pleasant, TX 75455

$2,600,000
1.14 AC lot

Fully leased multifamily asset with on-site parking, resident laundry, landscaped grounds, and centralized mail service.

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5-Unit Apartment Building
5-Unit Apartment Building

700 S Donoho St, Clarksville, TX 75426

$249,900
2,970 sqft

Each residence offers one bedroom, one bath, and a separate electric meter.

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Off-Market Properties in Paris, TX

Consider similar Off-Market properties in Paris, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2903 Clarksville St
Multifamily properties

2903 Clarksville St, Paris, TX 75460

Estimated value: by Request
49,140 sqft 1.13 AC lot
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60 Washington St
Multifamily properties

60 Washington St, Paris, TX 75460

Estimated value: by Request
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Paris, TX Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Paris, TX on our real estate platform. These investment opportunities span a total of 15,625 square feet of properties for sale.

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Demographics Overview

Population 35K
Population Growth (5Y) +1.3%
Median Household Income $53,575
College Educated 21.0%

High-Yield Neighborhoods for Investment

Identify Paris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
75460 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.67%
Property Tax per SF $22.25 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lamar County

New Delisted

Total CRE Inventory on Market (SF)

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