Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    239 Private Rd Paris, TX 75460
    Property profile & analytics

    239 Private Rd, Paris, TX 75460

    View on Map
    • Land
    • 113.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 239 Private Rd

    Lot size
    113.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 113-acre Texas ranch estate, located at 239 Private Road 32507, Paris, TX 75460 (Lamar County), is being offered at auction. The property boasts a stunning 7,265 sq ft, single-story home completed in 2023, featuring five bedrooms, seven bathrooms, a gourmet kitchen, home theater, and game room. A separate 1,260 sq ft guest house offers additional living space. Equine enthusiasts will appreciate the 9,600 sq ft modern barn (2023) with stables and paddocks. The land features well-maintained fencing, rolling pastures, multiple stocked ponds, and rich, loamy soil ideal for grazing and agriculture. A resort-style pool and extensive outdoor living areas provide ample space for relaxation and entertainment. Conveniently located 105 miles northeast of Dallas-Fort Worth, this property offers a blend of rural tranquility and easy access to urban amenities via US Highways 82 and 271. The auction includes a buyer preview on November 9th and 16th, with the auction date set for December 11th. APN: 106795, 53766.

    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
    -95.6033
    Latitude
    33.7224

    Comparable in this City

    • Value Estimation by Request
      48.04 Acres

      Old Jefferson Rd

      Farms
      0 Old Jefferson Rd, Paris, TX 75460
      View Details
    • Value Estimation by Request
      5.00 Acres

      Tbd Fr 137

      Farms
      0 Tbd Fr 137, Paris, TX 75460
      View Details
    • Value Estimation by Request
      5.00 Acres

      Old Jefferson Rd

      Self storage facilities
      0 Old Jefferson Rd, Paris, TX 75460
      View Details
    • Value Estimation by Request
      1.94 Acres

      1873 Henderson St

      Land
      1873 Henderson St, Paris, TX 75460
      View Details
    • Value Estimation by Request
      60.34 Acres

      000 Fm 137

      Land
      000 Fm 137, Paris, TX 75460
      View Details
    • Value Estimation by Request
      0.22 Acres

      3625 Houston St

      Land
      3625 Houston St, Paris, TX 75460
      View Details

    Similar Nearby for Sale

    • $114,500
      5.00 Acres

      Prime Paris, TX Development Land

      5 Acres, Mixed-Use Potential
      0 Old Jefferson Rd, Paris, TX 75460
      View Details
    • $179,900
      10.10 Acres

      No-HOA Ranch Land with Ag Exemption

      A 10.1-acre ranch tract with county water available, currently under a hay lease for agricultural tax benefits.
      Hayfield Ct, Paris, TX 75460
      View Details
    • $375,000
      14.49 Acres

      Paris, TX Improved Land

      14.494 acres with metal building and utilities.
      2477 County Road 23110, Paris, TX 75460
      View Details
    • $225,000

      Land For Sale in Paris

      Land available west of Paris, Texas on Highway 82.
      0000 Bonham St, Paris, TX 75460
      View Details
    • $82,900

      Land For Sale in Paris

      Land available across from 2225 36th Street NE.
      5 NE 36Th St, Paris, TX 75460
      View Details
    • Contact for pricing

      Paris, Texas Multifamily Property

      16-unit multifamily property with recent renovations in Paris, Texas.
      625 Bonham St, Paris, TX 75460
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,700 SF

      Retail Space in Paris, Texas

      5700 SF retail space available for lease.
      450 SW 4Th St, Paris, TX 75460
      View Details
    • Contact for pricing
      2,000 SF

      Paris Office Space For Rent

      Well-located commercial office space off Loop 286 in Paris.
      870 Loop 286 NE, Paris, TX 75460
      View Details
    • Contact for pricing
      33,958 SF

      Retail Spaces in Williamsburg Center

      Multiple retail spaces available in established shopping center.
      1455 Clarksville St, Paris, TX 75460
      View Details
    • $15 SF/Yr
      293,594 SF

      Shopping Center Retail Suites

      Multiple retail units with owner-supported finish-out options inside a center anchored by well-known national tenants.
      1455 Clarksville St, Paris, TX 75460
      View Details
    • Contact for pricing

      New Construction Retail Space Available

      New construction retail and restaurant spaces with drive-thru.
      2500 Lamar Ave, Paris, TX 75460
      View Details
    • Contact for pricing

      Restaurant with Drive-Thru Opportunity

      Freestanding restaurant with drive-thru, near Paris Town Center.
      3415 Lamar Ave, Paris, TX 75460
      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.
    239 Private Rd
    Paris, TX 75460
    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
    239 Private Rd, Paris, TX, 75460
    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!