• 3 Bedrooms
  • 2 Bathrooms
  • 26.78 ac
  • 3,092.00 ft2

Luxury Country Estate on 26.78± Acres with Equestrian Amenities

$3,500,000
5500 FM 195, Paris, Texas (Lamar County)

Property Description

5500 FM 195, Paris TX — Luxury Country Estate on 26.78± Acres with Water Rights, Manager’s Quarters & Equestrian Amenities


Featured Highlights:

· Luxury Country Estate in Paris, TX

· Prime Location Across from Paris Golf & Country Club

· 26.78± Acres — Fully Fenced, Asphalt Driveway, Two Stocked Ponds

· Custom Brick Home: 3 Beds / 2.5 Baths + Office + Formal Dining

· 6+ Car Garage with Drive-Through Access + Additional 2-Car Attached Garage

· Manager’s Quarters + Man Cave / Guest Apartment

· Equestrian Barn with Multiple Stalls & Covered Turnouts

· Recorded Water Rights Conveyance — 14 Acre-Feet/Year (Permit No. 12132)


Nestled along the highly desirable FM 195 corridor of Lamar County, Texas—directly across from the Paris Golf & Country Club—this estate offers an ideal blend of luxury, privacy, convenience, and agricultural value. With 26.78± acres of lush, gently rolling terrain, pipe fencing, a paved driveway, and two stocked ponds, the property provides a tranquil country retreat while still being just minutes from downtown Paris, local amenities, and recreation.

The custom brick residence brings together comfort and refinement. High 10-foot ceilings, hardwood floors, recessed lighting, and a cozy gas fireplace create a warm, welcoming ambiance. The chef’s kitchen is outfitted with granite countertops, custom cabinetry, a large island, gas cooktop, and walk-in pantry—perfect for both everyday living and entertaining. Formal dining, a dedicated office, and en-suite bedrooms offer both practicality and privacy.

In addition to the attached two-car garage, the property features an impressive 6+ car garage/shop with drive-through access, ideal for vehicle collectors, equipment storage, ranch operations, or workshop use. This added infrastructure significantly enhances both functionality and long-term value.

Beyond the main home, the property is designed for versatility and lifestyle. A full Manager’s Quarters delivers a self-contained one-bedroom apartment—complete with a modern kitchen, stainless-steel island, attached laundry, and covered porch—ideal for live-in help, guests, or multi-generational living. An attached man cave with private bath provides flexible space for recreation, hobbies, or additional guest accommodations.

For the equestrian or livestock enthusiast, the barn with multiple stalls and covered turnouts is ready to go, while fenced pastures provide ample room for horses or cattle. The two stocked ponds offer year-round enjoyment—from fishing to wildlife viewing—enhancing both the recreational and scenic appeal of the property.


Exceptional Water Rights Conveyance — A Rare and Valuable Asset

What truly elevates this property beyond typical country homes or small ranches is the recorded conveyance of water rights. Per recorded deed, the buyer will receive 100% undivided interest in a Permit to Appropriate State Water, allowing for 14 acre-feet per year of irrigation or water use. This fully transferable, legally documented water right is a rarity for properties of this size.

For buyers interested in agricultural use, irrigated hay production, livestock watering, pond management, or future development, these water rights add significant functional and investment value.


Location & Lifestyle — Premier Country Living in Paris, TX

· Directly across from Paris Golf & Country Club — golf, tennis, swimming, dining, and social events just moments away

· Minutes from downtown Paris, schools, medical facilities, shopping, and dining

· Located along the sought-after FM 195 corridor, known for upscale homes and estates

· Scenic rolling pastures, mature trees, and well-maintained neighboring properties

· Ideal balance of peaceful rural living with convenient access to town and regional recreation


This property represents a rare opportunity: a turnkey luxury estate equally suited for full-time living, equestrian use, multi-generational living, or long-term investment. With its custom home, extensive improvements, valuable water rights, and premier location—furnishings negotiable.

Digital Flipbook

PROPERTY HIGHLIGHTS:

Water Rights Custom House Horse Barn Sustainable Country Homes
Equestrian Amenities Northeast TX Run-in Sheds Land for Sale
2 Ponds Manager Quarters Equine Property Ranches

Address: 5500 FM 195
City:
Area:
State/County:
Zip: 75462
Country: United States

Property Id: 968561
Price: $3,500,000
Property Size: 3,092.00 ft2
Property Lot Size: 26.78 ac
Bedrooms: 3
Bathrooms: 2
County: Lamar County
Lot Size (AC): 26.78000
Year Built: 2007
Listing ID: 42233-014083
Office ID: 2519
Listing Address: 5500 FM 195, Paris, Texas 75462

Other Features
Airport
Appliance
Basement
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Fence
Finished Basement
Fireplace
Fireplace Location
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Hot tub
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
Tennis Court
View
Water Access
Water Rights
Wine Cellar

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals


Kim Ross

Altaterra Realty And Auction LLC - Altaterra Realty And Auction LLC
Call Office(903) 438-2585
Call Mobile(903) 491-6797

Contact Me

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Kim Ross