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).
For sale
$50,000
655 5th St SE, Paris, TX 75460
3beds
1,080sqft
Single Family Residence
Built in 1950
6,490 Square Feet Lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
- 84 days
- 130
- 6
Zillow last checked:
Listing updated:
Listed by:
Tevin McCleary 0793258 903-401-2939,
Greb Real Estate 903-401-2939
Source: NTREIS,MLS#: 21325962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10 x 15
Other
- Level: First
- Dimensions: 5 x 5
Living room
- Level: First
- Dimensions: 10 x 15
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,080 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s), Covered
- Pool features: None
Lot
- Size: 6,490 Square Feet
Details
- Parcel number: 16360
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: City Of Paris
HOA
- Has HOA: No
Location
- Region: Paris
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $71,120
- Annual tax amount: $1,284
- Date on market: 7/9/2026
- Cumulative days on market: 84 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,087/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $50,000$46/sqft |
Source: NTREIS #21325962 Report a problem | ||
| 4/9/2026 | Listing removed | $50,000$46/sqft |
Source: NTREIS #21193744 Report a problem | ||
| 2/28/2026 | Listed for sale | $50,000$46/sqft |
Source: NTREIS #21193744 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,284 | $71,120 -2% |
| 2024 | -- | $72,540 +10.5% |
| 2023 | $1,193 +58.5% | $65,650 +79.8% |
| 2022 | $752 +31.3% | $36,510 +36.8% |
| 2021 | $573 | $26,680 +0.4% |
| 2020 | -- | $26,570 +96.8% |
| 2018 | $336 | $13,500 |
| 2017 | -- | $13,500 +9.6% |
| 2016 | -- | $12,320 |
| 2015 | -- | $12,320 -7.1% |
| 2014 | -- | $13,260 |
| 2012 | -- | $13,260 +0.4% |
| 2011 | -- | $13,210 |
| 2010 | -- | $13,210 |
| 2009 | -- | $13,210 -6.9% |
| 2008 | -- | $14,190 +47.5% |
| 2007 | -- | $9,620 |
| 2006 | -- | $9,620 |
| 2005 | -- | $9,620 +2.6% |
| 2004 | -- | $9,380 |
| 2003 | -- | $9,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75460
Nearby schools
Schools provided by the listing agent
- Elementary: Justiss
- Middle: Travis
- High: Paris
- District: Paris ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



