The property is shown on Zillow with pictures.
812 County Road 22950,Paris, TX 75460
3 beds 2 baths 1,455 sqft
It's a little old pier and beam, wood siding, fixer upper in the middle of nowhere. I can tell from the pictures it needs more than $5K in cosmetics. Roof is way past replacing. Roof lines are not straight probably indicating that it needs some foundation or structural work.
I think it would be hard to determine the ARV for such a property due to the remote location and probable lack of good comparable sales. Also, after repairs, finding a retail buyer that finds such a property appealing is less than a certainty. In the event such a buyer was eventually identified, I fear that their means of purchasing the property would also probably be less than certain.
Bottom line, I think that anyone purchasing such a property at any price would have a high probability of becoming a motivated seller themselves in due order.