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675 20th Street #655

Paris, TX 75460

$350,000

3 units · 2020

Units3
Building area2,320 sq ft
Year built2020
Gross income$35,100/yr
Cap rate8.93% as listed
Parking6 spaces
Lot size0.296 acres
TypeTriplex

What it costs to own

Taxes$3,867 per year
HOANone listed
Operating expenses$3,837 per year — as listed
Insurance$9,999 per year — as listed
Net operating income$31,263 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Turnkey Investment Opportunity! Built in 2020, this income-producing triplex is ready for its next owner! Featuring three well-designed units, each offering 2 bedrooms, 2 full bathrooms, a living room, kitchen, pantry, walk-in closet, and a private, privacy-fenced backyard. Durable stained concrete floors and stainless steel appliances provide practical, low-maintenance finishes that tenants will appreciate.

With six parking spaces and three separate living units, this property offers an excellent opportunity to expand your investment portfolio. There is also potential to increase rental income, with market rents estimated at approximately $1,200 per unit, subject to verification. Two units are currently occupied by month-to-month tenants, while the third has a one-year lease with rent paid through Ark-Tex.

Whether you're looking to expand your rental portfolio or step into multifamily investing, this newer-construction triplex offers income potential, tenant flexibility, and desirable amenities. Don't miss the opportunity to make this property your next investment!

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringConcrete
AppliancesDishwasher, Electric Range
Interior featuresCable TV Available, Granite Counters, Kitchen Island

Construction materialsOther
RoofMetal
FoundationSlab

Lot featuresInterior Lot
FencingPrivacy, Wood
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available

SubdivisionDority Add

ElementaryAiken
Middle schoolTravis
High schoolParis
DistrictParis ISD

Gross income$35,100 per year
Operating expenses$3,837 per year
Operating includesInsurance
Insurance$9,999 per year
Cap rate8.93% — as listed
Net operating income$31,263 per year

MLS #21418487
Source
On the marketListed today
CountyLamar

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 0.7 mi
Nearest parkWade Park · 0.4 mi

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Listing courtesy of Greb Real Estate — Jodie Downs.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21418487. Information last updated October 28, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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