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    Property profile & analytics

    Fm 38 Paris, TX 75462

    • Commercial real estate
    • 7.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-8075778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Fm 38

    Lot size
    7.01 lot acres
    Property type
    Commercial real estate
    APN
    59847
    APU
    59847

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.7271
    Latitude
    33.7004
    CBSA code
    37580
    CBSA name
    PARIS, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $945
    $53,250
    $0.00
    $53,250
    -
    $53,250
    $0.00
    $53,250

    Comparable in this City

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      12.66 Acres

      Airport

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      1.11 Acres

      3025 Church St

      COMMERCIAL (GENERAL) • 1.11 Acres
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      160 SF

      2490 Spur 139

      COMMERCIAL (GENERAL) • 160 SF
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      42,092 SF

      2885 Stillhouse Rd

      COMMERCIAL (GENERAL) • 42,092 SF
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      1,740 SF

      1230 Texas Hwy 24

      COMMERCIAL (GENERAL) • 1,740 SF
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    • Value Estimation by Request
      860 SF

      6785 Us Hwy 271st S

      COMMERCIAL (GENERAL) • 860 SF
      6785 Us Hwy 271st S, Paris, TX 75462
      View Details

    Similar Nearby for Sale

    • $90,000
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      Reno, TX Commercial Land - $210K

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    • Contact for pricing
      1.08 Acres

      Residential Land in Chisum ISD

      1.08 acre lot in Mustang Creek Subdivision, Paris, TX.
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    • $170,000
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      Land in The Cascades

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      Prime Commercial Plaza in Paris, TX

      Exceptional commercial plaza in the heart of Paris, Texas.
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    Similar Nearby for Lease

    • $4,900 /Mo
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      Reno, TX Retail Opportunity

      Retail space for lease with highway frontage in Reno, TX.
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    • $22 SF/Yr
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      Retail Space in Paris, TX

      Retail space available for lease in Paris, Texas.
      3900 Lamar Ave, Paris, TX 75462
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    Fm 38
    Paris, TX 75462
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    Realmo Value Estimation

    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.

    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.

    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
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