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Property profile & analytics
OFF-MARKET
Land

0 Fm 1498 & Cr-14720 Paris, TX 75462

96.01 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 96.01 ac (4,182,196 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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