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Days160Days on Market
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$150,000

305 S Lee Street, Marathon, TX, 79842

$195,000 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$357.14 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellARV FlipHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesOther

Building Information

Year Built2019

Land Information

APN23719
Lot Number3,4
Land UseResidential
Legal DescriptionANDERSON, BLOCK 37, LOT 3,4
Census Tract950500
Assessed Land Value$12,000
Assessed Improvement Value$29,049
Assessment Year2025

About this property

Welcome to Marathon, the soulful gateway to Big Bend National Park and home to some of the darkest, most breathtaking skies in the lower 48. This delightful 1-bedroom, 1-bathroom gambrel roofed cottage offers a rare opportunity to own a slice of this enchanting West Texas town — perched on two lots on the peaceful western edge of town, yet just a short walk to everything. Step outside your front door to uninterrupted views of the Glass Mountains and the endless expanse of Texas sky. With a population of just 400, Marathon is small in size but rich in culture and experience. Where else can you stroll from your home to a hotel regularly ranked among Condé Nast Traveler’s Best in the World? The historic Gage Hotel, home to the renowned 12 Gage Restaurant and White Buffalo Bar, is just down the street. Enjoy local gems like Ghostfire Pizza, Desert Ghost Distillery, Brick Vault Barbeque, and three fine art galleries showcasing nationally acclaimed Texas artists — all within walking distance. Marathon’s creative and welcoming spirit is on full display, with a brand-new library and museum set to open this fall. Whether you're seeking a quiet retreat, a creative outpost, or a foothold in one of Texas’ most captivating landscapes, this cozy cottage offers comfort, charm, and a front-row seat to Marathon’s magic. Own your piece of the Big Bend region — a hidden gem where the stars shine brighter and the possibilities stretch as far as the horizon.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$0Estimated Mortgage Balance
$148,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Steven Jones

Williams Trew Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$160
$41,049
2025
$12,000
$29,049
$41,049
No

Tax History

Year
Tax Paid
Assessed Value
2025
$160
$41,049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$148,000
100%
0%
$0/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: Marathon

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305 S Lee Street | Property Details | No Agent List