About This Home

This 3-bedroom, 1-bathroom single family at 655 SE 5th Street SE in Paris, TX is listed for $50,000 ($46 per sqft). Built in 1950, the home offers 1,080 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1950
  • 0.15 acre lot

Property Details

1 story
1 full
1950
Listing Description

Investor Special! Tenant-Occupied Rental Opportunity! Calling all investors! This 3-bedroom, 1-bath home offers approximately 1,080 square feet of living space and is tenant occupied, providing immediate rental income potential. Located in an established area of Paris, Texas, this property is an excellent opportunity to add to your investment portfolio.

The current owner acquired the property through a tax sale and has not occupied or inspected the home. As a result, the property is being sold AS IS, WHERE IS, with no repairs to be made by the seller. Buyer is encouraged to perform all due diligence and verify all information, including square footage, condition, schools, and any restrictions.

Whether you're looking for your next rental property, value-add investment, or long-term hold, this property offers plenty of potential. Property Highlights: 3 Bedrooms 1 Bathroom Approx. 1,080 Sq. Ft. Tenant Occupied Income-Producing Opportunity Sold AS IS, WHERE IS Seller acquired property through a tax sale and has not occupied the home NO SIGN IN YARD!

PLEASE DON'T DISTURB TENANT! Don't miss this chance to expand your investment portfolio with a cash-flow opportunity in Paris, Texas. Schedule your showing today (subject to tenant rights and occupancy).

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

655 SE 5th Street SE

Paris, TX 75460

City Of Paris

Property Details

Parking

On Street

Questions & Answers

This 3-bedroom, 1-bathroom single family at 655 SE 5th Street SE is listed at $50,000 ($46/sqft). The estimated monthly payment is $268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.15 acre lot.

This property is listed by Tevin McCleary and can be reached at 903-401-2939.

TM

Tevin McCleary

Agent at Greb Real Estate

(903) 401-2939

Listed by Greb Real Estate · Broker phone: 903-401-2939 · View on Broker Site

MLS# 21325962· Source: North Texas Real Estate Information Systems, Inc.· 77 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

655 SE 5th Street SE, Paris, TX 75460

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