Last 24 Hours
$399,500
201 Us Highway 175 W, Athens, TX, 75751
On Market
Just Added
Commercial
— Beds
— Bath
7,284 Sq Ft
Office
Built in 1960Highlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableFlooringCarpet, Combination, Linoleum
Exterior
Lot Size22,568 sqft
Building Information
Year Built1966
Garage Spaces3
Land Information
APN2050-0090-001B-01
Lot Number1B
SubdivisionAthens O T (1332)
Land UseCommercial
Legal DescriptionAB 782 T PARMER SUR, ATHENS O T, BLK 90 LT 1B,
Census Tract951202
Assessed Land Value$56,425
Assessed Improvement Value$310,254
Assessment Year2025
About this property
Commercial office building located within the City of Athens offering approximately 7,000 square feet with eight office units. The property features a paved parking lot, excellent visibility, and frontage on a high-traffic thoroughfare. Its convenient location and strong traffic count provide outstanding exposure for professional offices, medical, retail, or investment use. An excellent opportunity for an owner-occupant or investor seeking a well-located commercial property.
Investor Tools
$78,929Estimated Mortgage Balance
$287,750Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,761
$366,679
2025
$56,425
$310,254
$366,679
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,761
$366,679
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$158,880
No
First
Mar 19, 2007
Mar 2017
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,929
$287,750
78%
22%
$953/mo
12.4%