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$259,000

221 Laurel Rd, Athens, TX, 75751

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.85 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Dryer, Gas Range
FlooringCombination, Concrete

Exterior

Exterior FeaturesLighting, RV Hookup

Building Information

Year Built1964
Roof Type105
Garage Spaces5

Land Information

APN3935-0005-0160-01
Lot Number16,18
SubdivisionReierson Heights Addn (81)
Land UseResidential
Legal DescriptionLTS 16 & 18 AB 782 T PARMER SUR, REIERSON HEIGHTS BLK E, LTS 16 & 18, B/24
Census Tract951300
Assessed Land Value$27,076
Assessed Improvement Value$211,867
Assessment Year2025

About this property

MAKE IT YOUR OWN; TIME TO BUY IT ; UPDATING HOME A LITTLE NOW. APPEALING DRIVE UP. FAMILY FRIENDLY NEAR SCHOOLS. FRONT LIVING, DEN WITH FIREPLACE, BACK BREAKFAST ROOM AND SERVING BAR IN KITCHEN. PLENTY OF CABINETS, STORAGE PANTRY WALL, UTILITY ROOM AND ENTERTAINING INDOORS AND OUTDOORS. GAS AND ELECTRIC, RV PARKING AREA, WATER AND ELECTRIC AT OUT BUILDING WITH NICE BARN DOORS AND RAMP. ROOMY CLOSETS AND MANY WINDOWS FOR GOOD LIGHT. REFRIGERATOR BUILT INTO WALL AT DOUBLE CARPORT AREA. NICE BUILT INS, STEP UP TO KITCHEN AREA. GOOD BACKYARD FOR A GARDEN AND RESTFUL SHADE TREE AREAS. FRONT WOOD DECKING, BACK DECKING COVERED PARTIALLY FOR VINE GROWTH IF DESIRED. WOWRKSHOP AND GARAGE, STOREROOM. NICE PROPERTY IN WELL ESTABLISHED AREA NEAR SCHOOLS AND CONVENIENCES. MUST SEE PROPERTY PRICE ADJUSTED: MUST SEE OPPORTUNITY AND VICE OPEN VIEWS.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$161,000Estimated Mortgage Balance
$104,289Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,800
$238,943
2025
$27,076
$211,867
$238,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,800
$238,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$161,000
No
First
Mar 19, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,711
$104,289
40%
60%
$966/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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221 Laurel Rd | Property Details | No Agent List