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$96,000

501 W Main St, Atlanta, TX, 75551

$124,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,874 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.51 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Electric Oven, Electric Water Heater
FlooringHardwood

Exterior

Lot Size9,017 sqft

Building Information

Year Built1940

Land Information

APN10877-40880-00000-000000
Lot Number88
Land UseResidential
Legal DescriptionJ RICHEY ABST 877 TR 88 .207 AC
Census Tract950400
Assessed Land Value$3,780
Assessed Improvement Value$74,870
Assessment Year2025

About this property

Charming Cottage in the Heart of Town! Welcome to this cute and spacious cottage perfectly situated in the heart of town! This home is full of character, featuring original hardwood floors in the living area, updated kitchen and bathroom flooring, and brand-new windows throughout. You’ll love the abundant natural light that fills every room, creating a warm and inviting atmosphere. The home offers 2 or 3 comfortable bedrooms and 2 full bathrooms. the large room at the back with its own private entrance—perfect for a third bedroom, home office, second living area, or flexible studio space. Located just steps from downtown shops, dining, and entertainment, this property offers incredible convenience and potential. Currently zoned residential, the location also presents the possibility for future commercial rezoning—an excellent opportunity for investors or small business owners. Don’t miss your chance to own this delightful home in one of the most desirable areas in town! Washer and Dryer and can be included with an acceptable offer. Intresting history of this home-- Built by the family that owned Price Hardware.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$0Estimated Mortgage Balance
$96,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$53/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$160
$78,650
2025
$3,780
$74,870
$78,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$160
$78,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,000
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: Atlanta

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501 W Main St | Property Details | No Agent List