About 1905 E Price Street
Looking for a high-return investment opportunity in a thriving North Texas market? This versatile commercial property offers over 11,000 SF on 1+ acre with dual road frontage in a Multi-Family Dwelling District. Features 12 private rooms with full baths, office areas, commercial kitchen, laundry, and flex spaces ideal for multi-family, office, medical, or hospitality use. Centrally located near downtown, shopping, and medical centers—an ideal spot supporting strong lease demand and long-term value. Current income supports a 10% cap rate with potential for higher returns. Located in a Texas Opportunity Zone, offering tax incentives and development flexibility. Bring your vision—this property is ready to perform!
Features of 1905 E Price Street
| MLS® # | 21093623 |
|---|---|
| Price | $1,499,000 |
| Bathrooms | 0.00 |
| Acres | 1.07 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 1905 E Price Street |
|---|---|
| Subdivision | City Of Paris |
| City | Paris |
| County | Lamar |
| State | TX |
| Zip Code | 75460 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Co-op Electric, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Sidewalk |
|---|---|
| Garages | Additional Parking, Attached Carport, Carport, Circular Driveway, Driveway |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Features | Adjacent to Greenbelt, Few Trees, Landscaped |
|---|---|
| Roof | Composition |
| Construction | Brick |
| Foundation | Slab |
Additional Information
| Flooring | Luxury Vinyl Plank |
|---|---|
| Special Notes. | Aerial Photo |
| Net Income | $136,000 |
| Building Sqft | 11,317 |
| # Units | 12 |
| Building Use | Other, Hotel/Motel, Medical, Office, Schools |
| Commercial Features | Other, Hotel/Motel, Medical, Office, Schools |
| Zoning | Residential Multi-Family |
Listing Details
| Agent | Shannon Miles |
|---|---|
| Office | EXP REALTY |
| Contact Info | 469-588-8395 |