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    Old Jefferson Rd Paris, TX 75460

    For Sale
    $300,000

    48 Acres, Commercial/Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 48.037-acre tract in Lamar County, Texas, presents a unique opportunity for commercial or residential development. Ideally situated just southeast of Paris, Texas, off Loop 286 and Old Jefferson Rd, this property boasts convenient access to city utilities, shopping, entertainment, Paris High School, and Quality ER. The land, encompassing both cleared and wooded acreage, is zoned for special use and offers a blend of Class III clay and loam soils. All mineral rights are included in the sale. Its location provides easy access to the DFW area (under 2 hours) and Texarkana, Texas (under 1 hour), making it an attractive investment for developers seeking a strategic location in Northeast Texas. The asking price is $300,000, with financing options including cash and conventional loans. The property's APN numbers are 21143, 21141, and 130190. This versatile land parcel presents endless possibilities for a variety of development projects. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

    Property Features for 0 Old Jefferson Rd

    General Information

    Property type
    Farms
    Lot Size
    2,092,492 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.50948863921
    Latitude
    33.631920942699

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    FAQs

    What type of property is this?
    Farm - 48 Acres, Commercial/Residential Potential
    Where is this farm located?
    The property is located at Old Jefferson Rd Paris, TX.
    What is the asking price?
    The asking price for this property is $300,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Jefferson Rd Paris, TX 75460
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