4065 Pine Mill Rd Paris, TX 75462
For Sale
1 / 11
This exceptional 3-acre land parcel presents a remarkable investment opportunity in Paris, Texas. Ideally situated just half a mile from Loop 286, this property enjoys unparalleled convenience, with shopping, employment centers, and schools all within minutes. The existing structure on the property adds no significant value and can be easily removed or relocated to suit the buyer's vision. Zoned for multifamily development, this site offers significant potential for a variety of projects, catering to the growing demand for residential housing in the area. The expansive 3-acre lot provides ample space for a substantial development, allowing for creative design and maximum utilization of the land. Its strategic location near Loop 286 ensures excellent accessibility and visibility, making it an attractive proposition for both residential and commercial ventures. The Lamar County location offers a stable and growing market, promising a strong return on investment. This is a rare chance to acquire a sizable, well-located parcel zoned for multifamily use, ready for immediate development or future planning. The property is located at 4065 Pine Mill Rd, Paris, TX 75462. The asking price is $249,900.
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.