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About This Home
This 12-bedroom, 13-bathroom residential multi family at 1905 E Price Street in Paris, TX is listed for $895,000. Built in 1960, on a 1.07 acres lot.
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-work
ing, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
Key Features
- Built in 1960
- 1.07 acre lot
- 12 parking spaces
Property Details
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1905 E Price Street
Paris, TX 75460
City Of Paris
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 12-bedroom, 13-bathroom residential multi family at 1905 E Price Street is listed at $895,000. The estimated monthly payment is $3,878 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 1.07 acre lot, 12 parking spaces. Interior Features: Built-in Features. Exterior Features: Fence.
This property is listed by Shannon Miles and can be reached at 8885197431 or shannon@shannonmiles.com.


