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$52,500

2670 40th St Se, Paris, TX, 75462

$68,250 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$24.71 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,998 sqft

Building Information

Year Built1988
Stories1

Land Information

APN12453
Lot Number19
SubdivisionJefferson Heights
Land UseResidential
Legal DescriptionJEFFERSON HEIGHTS, BLOCK A, LOT 19, 2670 40TH S E 2670 40TH S E
Census Tract000900
Assessed Land Value$6,600
Assessed Improvement Value$197,740
Assessment Year2026

About this property

AS-IS PROJECT! Located in SE Paris on cul-de-sac street with little traffic, and close to Loop 286 and Paris High School. Completely gutted to the studs and ready for rehab. Property is being sold AS-IS, with no repairs-credits for repair-or warranties. Good square footage with the opportunity to change the floor plan before starting the rebuild process. Original floor plan - 3 bedrooms, 2 baths, living room, dining area and kitchen. Appears to have a garage conversion, possibly as a den or additional bedroom.

Investor Tools

$20,402Estimated Mortgage Balance
$274,598Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$68,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Karen Marsh

Glass Land and Home LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,691
$204,340
2026
$6,600
$197,740
$204,340
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,691
$204,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Unknown
$32,000
No
First
Jul 19, 2011
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,402
$274,598
93%
7%
$192/mo

City: Paris