0 Fm 1498 & Cr-14720 Paris, TX 75462
This exceptional 96.01-acre property, located at the intersection of FM 1498 and CR-14720 in Paris, Texas, presents a unique investment opportunity. Priced at $2,160,225 ($22,500/acre), this expansive tract offers significant potential for both commercial and residential development. The land boasts excellent frontage on two major roadways, providing high visibility and accessibility. An existing 864-square-foot barn is situated on the property. The property is served by the Chisum Independent School District. Its strategic location offers convenient access to key areas: Highway 286 is a short 13-minute drive, while downtown Paris is approximately 18 minutes away. Recreational opportunities abound, with Cooper Lake State Park located just 27 minutes to the south. Sulphur Springs is also within easy reach, situated 35.7 miles south of the property. This versatile land parcel is ideal for developers seeking a prime location with significant development potential in a desirable Texas community. The Lamar County location offers a blend of rural tranquility and convenient access to urban amenities, making this an attractive proposition for a wide range of development projects. The property's size and location make it a highly sought-after opportunity for investors seeking substantial returns. Zoning information should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.