1235 East Houston Street Paris, TX 75460
New construction duplex with two units, ready for investment.
- Added:
- Apr 1, 2026
- Days on Market:
- 105
- Last Refresh:
- Jul 5 at 2:53 am
Property Features for 1235 East Houston Street
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2026
Listing office Glass Land and Home LLC (903) 517-9383
Listing date Apr 1, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Glass Land and Home LLC
Investment Insights
Based on property information with market context.
Key Highlights
- New construction duplex: Ideal investment property ready for immediate rental income.
- Unit 101 is already rented: Provides immediate cash flow.
- Granite countertops and luxury vinyl plank flooring: Offers modern, durable finishes.
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 |
