- Real Estate
- Paris Flash
Interest is heating up regarding a parcel of land behind Crockett Middle School on Johnson Woods Drive.
“We need more students, which means we need more houses in the district,” Jordan Harper told the Paris school board. “There’s not enough housing for parents who want to move into the district.”
Harper and Chris Donnan from Harrison, Walker and Harper addressed the Paris Independent School District board of trustees Monday during the meeting’s open forum. Harper said he would bid on the property if the district seeks offers.
“We’re interested developers, but we’re also interested district property owners and parents,” Harper said.
Harper said a review of local real estate listings shows Paris ISD with 29 homes on the market, including 16 between $150,000 and $200,000; four between $200,000 and $250,000; and nine above that. North Lamar has 53 homes: 23 between $150,000 and $200,000; seven between $200,000 and $250,000; and 23 above $250,000.
Harper presented a map that proposes a 720-foot by 400-foot plot with a cul-de-sac with nine lots on either side, each about 170 feet by 80 feet. With 18 homes appraised at $200,000 each, the district would get an estimated $52,380 in tax revenue, he said. If the new neighborhood averaged two students per household, that would mean $196,020 more a year from the state for PISD.
The school board went into closed session for 20 minutes to discuss the possible sale of the property. Harper and Donnan spent 15 minutes with the board before leaving. After coming back into open session, the board directed Superintendent Paul Jones to contact the district’s attorney to update deed restrictions on the property.
People have expressed interest in the plot in the past, Jones said.
“We had another developer that got the ball rolling on this who wanted to do empty nest-type housing,” he said. “When discussions came up again, people became interested. It’s a prime piece of property in Paris.”
By Jeff Parish, eParisExtra