Reset paragraph text's bounding box?

Is there any way, after I've set a text layer to be Paragraph Text and changed the size/shape of the text box, to then reset the text box back to its default size/shape/position? I know (found this today: https://community.adobe.com/t5/after-effects-beta-discussions/new-text-box-options-available-in-scripting/m-p/14409110) it's possible to set some of these things via scripting, but I'm just after a simple way to do what I sometimes have to do:

1. Convert a paragraph-text-layer back to point text
2. Delete any returns that have been added
3. Reset the transform of the layer
4. Convert it back to Paragraph Text

...which effectively resets the text box's parameters.

If this isn't a thing, could it be implemented please? A simple right-click of the text layer and "Reset Bounding Box" option next to "Covnert to Point Text" would be nice. And expressionable access to the text box's parameters would also be nice. As would variable fonts!