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$287,487

NAL Estimated Property Value

1317 S Palestine Street, Athens, TX, 75751

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,885 Sq Ft
price_per_sqft$47.86 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size34,238 sqft

Building Information

Year Built2000
Garage Spaces12

Land Information

APN3363-0000-002A-01
Lot Number2A
SubdivisionLeigh Subd D/331 (2)
Land UseCommercial
Legal DescriptionLT 2A AB 782 T PARMER SUR, LEIGH SUBD LT 2A, D/331
Census Tract951300
Assessed Land Value$15,407
Assessed Improvement Value$272,080
Assessment Year2025

About this property

OFFICE, RETAIL AND WAREHOUSE - Property is zoned - Commercial on .786 acres on land with approximately 164.95' of road frontage on South Palestine Street (aka Texas Highway 19). Located in the growth corridor of Athens, just north of UT Health Hospital, this property is highly visible and is adaptable for many usages.

Investor Tools

Property Icon
$287,487
Estimated Property Value
$206,621Estimated Mortgage Balance
$80,866Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,977 /month
Positive
Cash Flow Estimate:
$659 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,063
$287,487
2025
$15,407
$272,080
$287,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,063
$287,487

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Commercial
$228,000
No
First
Jun 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,621
$80,866
28%
72%
$1,367/mo

City: Athens

1317 S Palestine Street | Property Details | No Agent List