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$325,000

1048 Mill Run Rd, Athens, TX, 75751

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.73 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,454 sqft

Building Information

Year Built1992
Roof Type105
Garage Spaces2

Land Information

APN2130-0002-030A-01
Lot Number30A,31B
SubdivisionBel Air (98)
Land UseResidential
Legal DescriptionAB 782 T PARMER SUR, BEL AIR ADDN, BLK 2, LTS 30A & 31B
Census Tract951300
Assessed Land Value$6,500
Assessed Improvement Value$321,674
Assessment Year2025

About this property

Nestled in a serene and established neighborhood, this beautiful single-story home is surrounded by majestic, mature trees that provide shade and a picturesque setting. With 4 spacious bedrooms (one currently used as an office) and 2.5 baths, this home is perfect for families or anyone who values comfort and style. The heart of the home is the updated kitchen, featuring stunning granite countertops, a breakfast bar, stainless appliances, a pantry, and slate floors that extend into the breakfast area that includes accent wainscoating. The huge family room is a showstopper, boasting a cozy brick wood-burning fireplace, built-in shelves, and elegant wood floors. Retreat to the luxurious master suite, complete with two large walk-in closets, a vanity with separate sinks, and not one but two separate showers for ultimate convenience (one of the showers featuring double shower heads and bench). The dining room also shines with its classic wood floors, while the only carpeted areas are in three of the secondary bedrooms for added warmth. The home's exterior is equally impressive. A circular drive enhances curb appeal and provides additional parking, while the spacious backyard is a dream, complete with a covered patio for year-round enjoyment. Additional features include a separate utility room with cabinets for storage. Updates include the furnace, air conditioning, roof, garbage disposal, and garage door with opener. There's even room to park a boat and camper! Come enjoy all of the community activities offered in Athens! No HOA, and near UT Health Hospital.

Investor Tools

Property Icon
$328,174
Estimated Property Value
$125,000Estimated Mortgage Balance
$205,750Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,969 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,062
$328,174
2025
$6,500
$321,674
$328,174
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,062
$328,174

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$125,000
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,424
$205,750
62%
37%
$750/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Athens

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1048 Mill Run Rd | Property Details | No Agent List