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$225,000

Beds
7
Baths
6.0
sq ft
3,360

738 1st St SW, Paris, TX 75460

738 1st St SW

Paris, TX 75460

  • 30 days on market
    • Price drop $25,000↓
Discover the potential of this charming 1930s bungalow brimming with potential. Featuring 7 bedrooms, 6 bathrooms, and approximately 3,360sq ft of living space. The property includes spacious living areas, a generous backyard perfect for family gatherings or future expansions, and a cozy front porch to relax on. The original mid-century design adds character and appeal, while the existing details and limitless potential for future enhancements make this home truly special. Ideal for first-time homebuyers ready to create their dream home or investors looking for a valuable renovation project. Additionally, there is a second house on the property that can serve as a guest house, rental unit, or home office. Whether you're seeking a rewarding DIY project or a profitable investment, this property offers endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$192,334

Lot size

9,975.24 sq ft

Price per sq ft

$67

Year built

1930

Annual property taxes

$4,269

Price History

02/15/2025
NTREIS

NTREIS #20825561

Price change
$225,000
-10%
01/24/2025
NTREIS

NTREIS #20825561

Listed
$250,000

Schools & Community

Elementary school: 

Aiken

Middle school: 

Unknown

High school: 

Paris

School district: 

Paris ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$107,932
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$99,068
Cash to seller
$107,932

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Royal Pacific Funding Corp

Loan start date

August 2021

Original loan amount

$123,750

Est. remaining balance

$99,068

Interest rate

2.22%

Loan type

New Conventional, 15 year

Seller

Israel De Jacob Valle and Alma Rosa Valle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 7:50 PM

Listing updated: 02/15/2025 at 2:47 PM

Listed by: Fred Jones, Ebby Halliday, Realtors Phone #: (214) 509-0808

MLS: NTREIS #20825561

NTREIS logo

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