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New Construction Duplex
For Sale
$249,900

1235 E HOUSTON Street NE, Paris, TX 75460

ResidentialIncome, Paris, TX

Property Size1,680 SF
Lot Size0.18 Acres
Price / SF$148.75
Days on Market81

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
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 2
Parking 2
Parking features Driveway
Interior features BuiltInFeatures, DecorativeDesignerLightingFixtures, GraniteCounters, HighSpeedInternet
Appliances Dishwasher, ElectricRange, Disposal
Subdivision City Of Paris
Lot features Corner Lot
Elementary school Aiken
Middle school Crockett,Travis
High school Paris
Elementary school district Paris ISD
Middle school district Paris ISD
High school district Paris ISD
Directions From Lamar Avenue; N on NE 12th; Corner of NE 12th and East Houston; GPS does not work correctly.
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
Legal Description CITY OF PARIS, BLOCK 32-E, LOT 3, 106 NE 12TH

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Amenities

washer-dryer hook-ups
granite countertops
luxury vinyl plank flooring

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
Listed By: Karen Marsh · License #0541391
Added: Jul 17 Changed: Sep 15 Last Checked: Oct 5 at 2:06PM
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.

This 1,680-square-foot duplex in Paris, Texas, was built in 2026 and includes two residential units. Each unit offers 2 bedrooms, 2 full bathrooms, a living room, and a kitchen-dining area, along with washer-dryer hookups. Interior finishes include granite countertops, luxury vinyl plank flooring, decorative lighting, and central electric heating and cooling. Each residence also includes a dishwasher, electric range, and disposal.

The property occupies a 0.183-acre corner lot at 1235 E Houston Street NE and has driveway parking. Public water and sewer serve the property, while board-and-batten siding and a composition roof complete the exterior. Both units are currently rented, and the property provides access to nearby retail, worship, and health facilities.

Key Highlights

  • Two‑unit duplex with 1,680 square feet of total property size
  • Each unit includes 2 bedrooms and 2 full bathrooms
  • Both units are currently rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,561
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,220 $271.2K
Cap Rate 7%
$193,729 $193.7K
Cap Rate 9%
$150,678 $150.7K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$20.8K $12.36/SF
− Vacancy
−$1.4K −$0.83/SF
EGI
$19.4K $11.53/SF
− OpEx
−$5.8K −$3.46/SF
NOI
$13.6K $8.07/SF
Area
Lamar County, TX
Vacancy
6.70%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,220
Cap Rate 7%
$193,729
Cap Rate 9%
$150,678

Alternative Uses

Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K (±1% cap)
NOI $13,561 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$174.6K
$152.8K – $203.8K (±1% cap)
NOI $12,225 @ 7.0% cap · market cap 4.89%
Theoretical Best
Hotel Hospitality
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,578 @ 7.0% cap · market cap 35.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Florist Butcher Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 75460, TX

22,925
Population
11,210
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
225
Density / Sq Mi
$44,241
Median Household Income
$30,546
Median Earnings
$895
Median Rent
$123,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two currently rented units feature private living areas, kitchen-dining spaces, and washer-dryer connections.
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: Two‑unit duplex with 1,680 square feet of total property size; Each unit includes 2 bedrooms and 2 full bathrooms; Both units are currently rented
More about this property
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