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$295,000

1129 N Hamlett St, Athens, TX, 75751

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.96 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone

Exterior

Lot Size2 acres

Building Information

Year Built1961
Roof Type105
Garage Spaces1

Land Information

APN2445-0000-0390-01
Lot Number39
SubdivisionCoker Jack W Addn (100)
Land UseResidential
Legal DescriptionAB 797 B C WALTERS SUR, J W COKER TRACT, LT 39
Census Tract951300
Assessed Land Value$25,650
Assessed Improvement Value$86,823
Assessment Year2025

About this property

OPPORTUNITY AWAITS! This listing is for three adjoining properties totaling approximately 7.50 acres. The properties are being sold as a bundle and will not be sold individually. SELLER DOES NOT HAVE A SURVEY. The combined acreage is ideal for an investor, developer, or an individual wanting space for a quiet retreat, a family compound, or the opportunity to create something new in the area. The listing includes 1127, 1129 & 1131 N Hamlett Street. 1127 N Hamlett (parcel #246770) is an unimproved vacant lot approximately 1.50 acres. It is not fenced and has not had any development; therefore, utilities are not present. 1129 N Hamlett (parcel #246769) is a single-family home on approximately 2.0 acres of land. The home was built in 1961 and has been vacant for several years and is considered uninhabitable. When originally built, the home was on septic but switched to City sewer when it became available. The condition and location of the old septic system are unknown. There is a small building behind the primary house. The floor in the small building is compromised. 1131 N Hamlett (parcel #246768) is approximately 4.0 acres of land. The lot once housed a manufactured home but it was removed several years ago. There is a large metal carport and a small storage building on the property. The floor in the storage building is compromised. The manufactured home was on City water, but there is an unused water well on the property. The well has not been used in years and the condition is unknown. There is no water meter at 1129 & 1131 N Hamlett but the utility infrastructure should still be present. The front of 1129 & 1131 N Hamlett is fenced and somewhat cleared with a few trees, but the majority of the properties are heavily treed and unfenced. The value of these properties is in the continuous tracts of land and the utility infrastructure. Imagine what you can do with 7.50 acres. The possibilities are endless!

Investor Tools

Property Icon
$112,473
Estimated Property Value
$0Estimated Mortgage Balance
$112,473Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Regina Foster

Hopkins Realty & Assoc. LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,381
$112,473
2025
$25,650
$86,823
$112,473
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,381
$112,473

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,473
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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