48-Unit Multifamily in Paris, TX
Lamar County, TX · listed May 28, 2026 (153 days)
- $/unit
- $102,083
- ▲ 11% vs TX · 57th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 48
- 1980
Financials
- Asking price
- $4,900,000
- Price per unit
- $102,083
- Price per sq ft
- $1,370
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 48
- Unit mix
- 24 Rent Houses 6 Duplexes 3 Quadplexes
- Buildings
- Not stated
- Year built
- 1980
- Building size
- 3,576 sq ft
- Avg unit size
- 75 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 28, 2026
- Days on market
- 153 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1036
About this property
Presenting a rare North Texas investment opportunity featuring a diversified portfolio of income-producing residential properties offered together at $4,900,000. Located throughout Paris, Reno, and Blossom, Texas, this package includes a large collection of established rental homes with proven cash flow and strong occupancy history. The portfolio currently generates approximately $46,625 in monthly rental income with a broad mix of properties ranging from single-family homes to multiple residential rental units across several neighborhoods. With existing tenants in place on many of the properties, investors have the opportunity to acquire immediate income-producing assets with long-term upside potential. This offering provides the scale and efficiency investors are looking for while still maintaining flexibility across multiple locations and property types. The properties are positioned in growing Northeast Texas markets with continued demand for affordable housing and rental inventory. Whether you are looking to expand an existing portfolio, complete a 1031 exchange, or acquire a turnkey residential investment package, this offering presents a unique opportunity to secure a large footprint of performing assets in one transaction.
Portfolio Highlights:
Offered at $4,900,000 Approximate gross monthly income of $46,625 Multiple residential investment properties included Located in Paris, Reno & Blossom, Texas Existing tenant base with ongoing cash flow Diversified property mix and locations Opportunity for future appreciation and operational upside While the seller’s preference is to sell the portfolio as a whole, individual properties or smaller package groupings may be considered if needed.
24 Rent Houses 6 Duplexes 3 Quadplexes
Highlights
- Rare opportunity to acquire a large-scale residential rental portfolio in Northeast Texas
- Portfolio offered collectively at $4,900,000
- Approximately $46,625 in gross monthly rental income
- Diversified mix of income-producing residential properties
- Properties located throughout Paris, Reno, and Blossom, TX
- Existing tenant base provides immediate cash flow
- Strong regional demand for affordable rental housing
- Opportunity to increase rents and improve operational efficiencies
- Ideal for investors seeking portfolio expansion or 1031 exchange replacement assets
- Seller prefers portfolio sale but may consider separating properties or smaller package groupings
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Paris, TXStabilized | $1.2M | $46K$46K | — |
Clarksville, TX | $450K | $45K$45K | 10%gy |
New construction | $6.5M | $135K$135K | 4.1% |
Commerce, TX▼ 13% cutStabilized | $4.1M | $158K$158K | 5% |
Stabilized | $589K | $65K$65K | — |
Clarksville, TXValue-add | $250K | $50K$50K | 8%gy |



