Fenced Ranch Property with
7222 FM 905 Paris, TX 75462
7222 FM 905, Paris, TX, 75462
$599,999
For Sale
$599,999
LAND - Paris, TX
Property Size4,800 SF
Lot Size42.33 Acres
Price / SF$124
Days on Market11
Property Features for 7222 FM 905
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 41137
- Lot size
- 42.33 Acres
Taxes and HOA fees
- Tax Description
- A368 R GLASS SURVEY, TRACT X2, ACRES 17.32
- Tax Annual Amount
- 19
Listing Agency
Century 21 First Group
(903) 455-5852
Sulphur Springs, TX
Listed by
Casey Woodall · License #0661266
(903) 885-3146
Added: Jul 9 Checked: Jul 19 at 4:06 am
MLS# 21189060
Listing URL
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 turn-key ranch property is currently AG exempt and fully fenced with pipe frontage and 5-strand barbed wire perimeter fencing. Utilities are already in place, including electric, water, and septic. The improved site includes a massive shop with approximately 60x80 enclosed space and about 120x110 under roof, featuring three large door openings and extended covered areas suited for equipment, livestock, trailers, or future build-out. A pond adds additional functionality to the ranch setting.
The property is located on FM 905 in Prairiland ISD, with open pasture. It is described as having no known restrictions.
Overall, the combination of perimeter fencing, installed utilities, and a large shop creates a practical headquarters and storage option with ranch-ready improvements already completed.
The property is located on FM 905 in Prairiland ISD, with open pasture. It is described as having no known restrictions.
Overall, the combination of perimeter fencing, installed utilities, and a large shop creates a practical headquarters and storage option with ranch-ready improvements already completed.
Key Highlights
- 43‑acre ranch on FM 905 in Prairiland ISD, minutes from Paris, Texas
- Completely fenced with pipe frontage and 5‑strand barbed wire perimeter fencing
- Utilities in place: electric, water, and septic
Local Financial Insights For Warehouse
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 | $38.6k | $8.04 |
| − Vacancy | −$3.6k | −$0.75 |
| EGI | $35.0k | $7.29 |
| − OpEx | −$5.3k | −$1.09 |
| NOI | $29.8k | $6.20 |
4,800 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$425.0K
$371.9K – $495.9K
NOI $29,753 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.62M
$3.16M – $4.22M
NOI $253,080 @ 7.0% cap · market cap 42.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ranches
Similar For Sale Nearby
FAQs
What type of property is this?
Ranch - Turn-key, AG-exempt ranch setup with fencing, utilities in place, a large enclosed shop, and a pond.
Where is this ranch located?
The property is located at 7222 FM 905 Paris, TX.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 43‑acre ranch on FM 905 in Prairiland ISD, minutes from Paris, Texas; Completely fenced with pipe frontage and 5‑strand barbed wire perimeter fencing; Utilities in place: electric, water, and septic
