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$1,475,440

NAL Estimated Property Value

28079 State Highway 19, Athens, TX, 75752

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,101 Sq Ft
RanchRanch

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size140.30 acres

Building Information

Year Built1997
Stories1
Garage Spaces6

Land Information

APN070.0294.0120.0000.0000
Land UseResidential
Legal DescriptionACRES: 140.300 ABST: 294 SUR: W S GOSSETT T3
Census Tract951001
Assessed Land Value$27,000
Assessed Improvement Value$1,448,440
Assessment Year2025

About this property

The J Bar L Ranch is a magnificent property conveniently located on Hwy 19, between Athens and Canton. The ranch has over 3,000 feet of Hwy 19 frontage and includes three entry permits for easy access. The main house, built in 1968 and remodeled in 2014, is a single-story brick home. It features three bedrooms, two baths, two living areas, and two dining areas. The garage has been enclosed to create a spacious second living area, perfect for a game room or media room, complete with built-in bookshelves. The eclectic kitchen includes a wall oven and freestanding range. Additional features include two fireplaces and a mix of wood and carpet flooring. The guest house is a double wide modular home on a concrete slab, with a frame bathroom addition on a pier and beam foundation. It offers four bedrooms, three baths, each with walk-in closets. The guest house includes a den with a fireplace, a formal dining room, and a full kitchen with an island bar. Two primary bedroom areas feature en suite baths: one with a garden tub and glass-enclosed shower, and the other with a stand-up tub. The guest house also boasts a great wrap-around porch with a view of the lake. Barns and storage buildings will supply ample storage needs. The land features gently rolling topography with a 70 ft elevation change, ranging from 510 ft to 440 ft. Approximately 60% of the ranch is heavily wooded, providing ample privacy and natural beauty. There is a coastal pasture in the southwest corner. Steve Creek meanders through the property, creating a slough that is excellent for duck hunting. A 4+ acre lake stocked with catfish and crappie offers great fishing opportunities. The diverse landscape supports a variety of activities, including hunting, fishing, trail riding, and cattle grazing. Whether you're seeking a weekend getaway, a hunting and recreational property, or a primary residence, the J Bar L Ranch is an exceptional opportunity worth exploring.

Investor Tools

Property Icon
$1,475,440
Estimated Property Value
$0Estimated Mortgage Balance
$1,475,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,418 /month
Positive
Cash Flow Estimate:
$5,139 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,079/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,569
$1,475,440
2025
$27,000
$1,448,440
$1,475,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,569
$1,475,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,475,440
100%
0%
$0/mo

City: Athens

28079 State Highway 19 | Property Details | No Agent List