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Property profile & analytics
OFF-MARKET
Land

000 Fm 137 Paris, TX 75460

60.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 60.343-acre property in Lamar County, Texas, presents a prime development opportunity. Located at 000 FM 137, Paris, TX 75460, this land offers 26 fully platted lots ready for immediate residential development. Each lot is equipped with readily available electricity and water, minimizing upfront infrastructure costs. The property's desirable rural setting provides a peaceful retreat while maintaining convenient access to Paris's amenities, including schools, shopping, and dining. Zoned for residential use, this subdivision allows for flexible development, accommodating both large single-family homes and smaller, more affordable units, catering to diverse buyer needs. The strong market potential in Paris, Texas, coupled with the competitive pricing, makes this a compelling investment with significant potential for appreciation and a strong return. The property's proximity to major Texas cities further enhances its appeal. This is an ideal opportunity for developers and investors to capitalize on the growing demand for housing in a thriving community. The existing infrastructure and the area's expansion make this a project with excellent potential for substantial returns.

Property profile
Verified
Property type Land
Lot 60.34 ac (2,628,541 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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