1235 E HOUSTON Street NE Paris, TX 75460
MULTI_FAMILY - Paris, TX
- Added:
- May 19, 2026
- Days on Market:
- 57
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 1235 E HOUSTON Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
- Parking
- 2
- Parking features
- Driveway
- Interior features
- BuiltInFeatures, DecorativeDesignerLightingFixtures, GraniteCounters, HighSpeedInternet
- Appliances
- Dishwasher, ElectricRange, Disposal
- Standard status
- Active
- APN
- 13853
- Size
- 1,680 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- CITY OF PARIS, BLOCK 32-E, LOT 3, 106 NE 12TH
- Tax Annual Amount
- 72
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- BoardAndBattenSiding
- Roof type
- Composition
Listing agent Karen Marsh License #0541391 (903) 785-8457
Listing office Glass Land and Home LLC Paris, TX (903) 785-8457
Listing date May 19, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The duplex is located in Paris, Texas, on East Houston Street NE, offering straightforward access to nearby retail, worship, and health facilities. One unit, Unit 101, is already rented, which can help support an income-producing start.
With both units designed as similar 2-bedroom, 2-bath homes, this property may appeal to investors looking for an easy-to-manage duplex configuration and consistent unit appeal. The new construction aspect can also be attractive to buyers seeking a lower-maintenance investment relative to older housing stock, while the existing rental provides immediate occupancy for at least one side.
Key Highlights
- New construction duplex (Year built 2026) on a corner lot
- Unit mix: two 2‑bedroom, 2‑bath units with living room and kitchen‑dining area
- Unit 101 is already rented
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.8k | $12.36 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $19.4k | $11.53 |
| − OpEx | −$5.8k | −$3.46 |
| NOI | $13.6k | $8.07 |
