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$399,900

201 Colonial Cir, Athens, TX, 75751

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,502 Sq Ft
price_per_sqft$159.83 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Lighting, RV Hookup, Storage
Lot Size20,473 sqft

Building Information

Year Built1975
Garage Spaces3

Land Information

APN2470-0002-0010-00
Lot Number1,2A
SubdivisionColonial Acres (37)
Land UseResidential
Legal Description1 AB 170 G CLARK SUR, COLONIAL ACRES SUBD, BLK 2 LT 1 (RE:LTS 1 & 2A)
Census Tract951300
Assessed Land Value$20,000
Assessed Improvement Value$265,240
Assessment Year2025

About this property

Beautifully remodeled three bedroom 2.5 bath home with 2 living areas plus a formal dining room. This home offers a FLEX room that could be used as an office, craft room or bunkroom. There is also a 441 sq ft second home that offers a living room, bedroom and bathroom that is being used as a dog grooming business and has central heat and air but could be used as a mother-in-law suite or apartment to make extra income. This also has new flooring and new water heater You have a newer storage building for your extra stuff that has electricity. There is also a RV Hookup that is connected to the septic with water and electric. This home sits on almost half an acre that is privacy fenced and you have 2 separate two car carports all on a corner lot. This beautiful home is sure to please a larger family with plenty of room for entertaining. This home is like new as everything from the flooring to the roof, 2 water heaters, refurbished kitchen, paint inside and out has been replaced in the last 2 years. This home is right outside the Loop in Athens and close to the hospital, Drs offices, schools, shopping and restaurants. This home will be move in ready for the next buyer. You really should give this home a shot and come see it for yourself. Home is priced under appraisal value. Some furnishings will be available for sale under a seperate agreement.

Investor Tools

$116,437Estimated Mortgage Balance
$289,563Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

Interested in this property?

Nona Roberts

Keller Williams Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$964/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,535
$281,751
2025
$20,000
$265,240
$285,240
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,535
$281,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kenneth Harcorn
Commercial
$135,000
No
First
Jun 13, 2019
Jun 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,437
$289,563
71%
29%
$810/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.

Explore Texas Explore This Area
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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201 Colonial Cir | Property Details | No Agent List