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$218,430

NAL Estimated Property Value

302 N Prairieville St, Athens, TX, 75751

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths10,257 Sq Ft
price_per_sqft$19.5 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size1.46 acres

Building Information

Year Built1955

Land Information

APN2050-0023-0010-01
Lot Number1,23,R
SubdivisionAthens O T (1332)
Land UseCommercial
Legal DescriptionAB 782 T PARMER SUR, ATHENS O T, BLK 23 LT 1-R (RE:LTS 23,15 FT OF ALLEY & 1-5 & 6A-8A) H/195
Census Tract951300
Assessed Land Value$127,108
Assessed Improvement Value$91,322
Assessment Year2025

About this property

GREAT LOCATION!! WITH ALL THE DEVELOPMENT OF DOWNTOWN ATHENS, THIS PROPERTY PROVIDES AN EXCELLENT BUSINESS OPPORTUNITY WITH ITS CLOSE PROXIMITY TO THE TOWN SQUARE. YOU CAN ACCESS THE PROPERTY FROM N. PALESTINE ST. AND N. PRAIRIEVILLE ST. THERE ARE TWO BUILDINGS LOCATED ON THE PROPERTY - BUILDING #1 (6,000 SQ. FT.) - USED FOR MANUFACTURING SPACE AND BUILDING #2 (4,257 SQ. FT.) - USED FOR OFFICE SPACE (2,232 SQ. FT.) AND WAREHOUSE SPACE (2,025 SQ. FT.).

Investor Tools

Property Icon
$218,430
Estimated Property Value
$140,098Estimated Mortgage Balance
$78,332Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,311 /month
Positive
Cash Flow Estimate:
$437 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5
$218,430
2025
$127,108
$91,322
$218,430
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$5
$218,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$148,000
No
First
Jun 22, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,098
$78,332
35%
64%
$888/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.

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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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302 N Prairieville St | Property Details | No Agent List