New Construction Duplex
1235 E HOUSTON Street NE Paris, TX 75460
1235 E HOUSTON Street NE, Paris, TX, 75460
$249,900
For Sale
$249,900
MULTI_FAMILY - Paris, TX
Property Size1,680 SF
Lot Size0.18 Acres
Price / SF$148.75
Days on Market64
Property Features for 1235 E HOUSTON Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3
- 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
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- 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 agency
Glass Land and Home LLC
(903) 785-8457
Listed by
Karen Marsh · License #0541391
(903) 785-8457
Added: May 19 Updated: Jul 17 at 1:44PM Checked: Jul 21 at 8:06PM
MLS# 21273725
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.
Newly completed duplex investment property on a corner lot, ready to add to your portfolio. The building contains two separate units, each featuring 2 bedrooms, 2 full bathrooms, and a layout that includes a living room plus a kitchen-dining area. Washer-dryer hook-ups are provided for added convenience. Finishes include granite countertops and luxury vinyl plank flooring, and the property is all-electric.
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.
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 completed in 2026 on a corner lot, listed as under construction/propertycondition: Under Construction
- Both units are 2 bed, 2 full bath with a living room and kitchen‑dining area
- Unit 101 is already rented; both units include washer‑dryer hook‑ups
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 |
1,680 SF · lease $12.36/SF/yr · vacancy 6.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K
NOI $13,561 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$174.6K
$152.8K – $203.8K
NOI $12,225 @ 7.0% cap · market cap 4.89%
Theoretical Best
Hotel Hospitality
$1.27M
$1.11M – $1.48M
NOI $88,578 @ 7.0% cap · market cap 35.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey, newly completed duplex on a corner lot with two identical 2-bedroom units and in-unit washer-dryer hookups.
Where is this duplex located?
The property is located at 1235 E HOUSTON Street NE Paris, TX.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: New construction duplex completed in 2026 on a corner lot, listed as under construction/propertycondition: Under Construction; Both units are 2 bed, 2 full bath with a living room and kitchen‑dining area; Unit 101 is already rented; both units include washer‑dryer hook‑ups
