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$175,000

NAL Estimated Property Value

500 E College St Apt 4, Athens, TX, 75751

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$154.17 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APN3340-0012-004B-01
Lot Number4
SubdivisionLarge Lots (178)
Land UseResidential
Legal DescriptionLT 4 AB 782 T PARMER SUR, LARGE LOTS BLK 12 PT LT 4, UNIT B1 OLD TOWN 500
Census Tract951300
Assessed Land Value$13,521
Assessed Improvement Value$154,220
Assessment Year2025

About this property

Darling 2 bedroom 2 bath condo just a couple of blocks from downtown Athens. Enjoy walks to the square especially during the yearly festivals and events. Warm up in front of the gas fireplace after a chilly walk. 3 years ago, owner remodeled the kitchen taking a wall out opening it up to the living room. They also updated the floor by installing luxury vinyl plank throughout. The monthly $300 HOA fee covers water, landscape maintenance, and insurance on the exterior of structure. Water heater under 2 yrs old. This perfect lock and leave property is a unicorn!

Investor Tools

Property Icon
$175,000
Estimated Property Value
$130,846Estimated Mortgage Balance
$44,154Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,533
$167,741
2025
$13,521
$154,220
$167,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,533
$167,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dorothy Aiken Lumby Trust
Unknown
$133,600
No
First
Mar 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,846
$44,154
25%
75%
$801/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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500 E College St Apt 4 | Property Details | No Agent List