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2200 Elk Hollow Rd
Paris, TX 75462
Commercial or Residential Investment Land · Land For Sale · 79.75 AC

INVESTMENT HIGHLIGHTS

  • Commercial Development Potential
  • Whichever Your Investment Needs, This Property Is Sure To Create The Greatest Return Desired!
  • Residential Development Potential

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Single Family Development
Total Lot Size 79.75 AC
Zoning Commercial

DESCRIPTION

Commercial & Investment Land For Sale Paris Texas Residential and commercial development land for sale in Paris Texas. Located in northeast Texas, this 79 acre development property for sale is suitable for a number of investment projects. Entirely inside the city limits of Paris, TX, this land has historically been utilized as a 9-hole golf course and now sits as an underutilized development deal. Highest and best use for the property is as a Master-Planned Residential Development project with city utilities easily accessible. The land consists of open pastureland and scattered trees. A small lake is located in the middle of the property and creates a country living setting inside the city. Over ½ mile of road frontage on two separate city roads makes for a phased planned development easily implemented. Small commercial building formerly used as the club house allows for commercial development potential. Minutes from most major businesses, schools, medical and all city amenities. Possible uses would be investment portfolio housing, income producing properties, senior living and commercial. Home values in the immediate area range from $150,000.00 to $500,000.00 allowing for a wide range of builders to create the greatest return desired. 2200 Elk Hollow Road, Paris Texas 75462 Broker & Commission Disclosure: Buyer's Agent/ Broker must be identified upon first contact with Listing Broker/ Listing Agent and Buyer's Agent/ Broker must be present at the initial property tour in order to participate in the real estate commission. Commission splits will be at the sole discretion of United Country Altaterra Realty & Auction, LLC.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50201
Land Assessment
$221,010
Improvements Assessment
$662,760
Total Assessment
$883,770
  • Listing ID: 16569147

  • Date on Market: 7/10/2019

  • Last Updated:

  • Address: 2200 Elk Hollow Rd, Paris, TX 75462

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