Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5087 Crk 12650 Paris, TX 75462
    Back to Search
    Property profile & analytics

    5087 Crk 12650 Paris, TX 75462

    View on Map
    • Land
    • 1,717 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5087 Crk 12650

    Lot size
    1.00 lot acres
    Property size
    1,717 SF
    Property type
    Land

    Description

    This exceptional newly constructed residential property presents a unique opportunity in the desirable Prairiland ISD of Paris, Texas. Situated on a spacious one-acre lot, this home offers a generous 1,717 square feet of living space. The thoughtfully designed floor plan features an open concept, ideal for modern living and entertaining. The property boasts three bedrooms, providing ample space for a family. No expense was spared in the meticulous construction of the foundation, ensuring lasting quality and stability. The property's location within the Prairiland ISD adds to its appeal, offering access to quality schools. Additional land may be available, providing potential for expansion or future development. This home seamlessly blends comfort and sophistication, making it an ideal choice for discerning buyers seeking a high-quality, newly built residence in a desirable location. The property is located at 5087 CR 12650, Paris, TX 75462, and is priced at $389,900. This represents an excellent opportunity to own a stunning new home in a sought-after area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.4996
    Latitude
    33.5501

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      1015 Meadowlark Ln

      Land • 1,396 SF
      1015 Meadowlark Ln, Paris, TX 75462
      View Details
    • Value Estimation by Request
      5.03 Acres

      0000 Crk 42230

      Farms • 5.03 Acres
      0000 Crk 42230, Paris, TX 75462
      View Details
    • Value Estimation by Request
      40.00 Acres

      4185 County Road 12650

      Farms • 3,000 SF
      4185 County Road 12650, Paris, TX 75462
      View Details
    • Value Estimation by Request
      2.40 Acres

      16 Fm 137

      Land • 2.40 Acres
      16 Fm 137, Paris, TX 75462
      View Details
    • Value Estimation by Request
      2.27 Acres

      3835 48Th St

      Land • 3,700 SF
      3835 48Th St, Paris, TX 75462
      View Details
    • Value Estimation by Request
      0.45 Acres

      4410 Wood Creek Dr

      Land • 2,545 SF
      4410 Wood Creek Dr, Reno, TX 75462
      View Details

    Similar Nearby for Sale

    • $138,375

      Paris, TX Land For Sale

      Land available for purchase in Lamar County, Texas.
      1 County Road 43380, Paris, TX 75462
      View Details
    • Contact for pricing

      2 Acres of Land

      Two acres of land available for sale.
      Nwq - Preston Rd, Paris, TX 75462
      View Details
    • $138,375

      Land For Sale Paris, TX

      Land available in Lamar County, Paris, Texas.
      2 County Road 43380, Paris, TX 75462
      View Details
    • $135,000
      9.00 Acres

      Land For Sale Near Town

      9-acre building site with frontage close to town.
      Tbd County Rd 12200, Paris, TX 75462
      View Details
    • $100,000
      4.00 Acres

      Land in High-Demand Area

      4-acre land tract in prestigious FM 195 area.
      43375 Tract 1, Paris, TX 75462
      View Details
    • $85,000
      2.50 Acres

      2.5 Acres of Unimproved Land

      2.5 acres of land with easy access to Paris.
      15431 Fm 1497, Paris, TX 75462
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5087 Crk 12650
    Paris, TX 75462
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5087 Crk 12650, Paris, TX, 75462
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!