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$279,000

NAL Estimated Property Value

516 E College St, Athens, TX, 75751

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,388 Sq Ft
price_per_sqft$104.69 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave
FlooringCarpet, Vinyl, Wood

Building Information

Year Built1918
Roof Type105

Land Information

APN2050-0029-001A-01
Lot Number1A
SubdivisionAthens O T (1332)
Land UseResidential
Legal DescriptionAB 782 T PARMER SUR, ATHENS O T, BLK 29 LT 1A
Census Tract951300
Assessed Land Value$10,500
Assessed Improvement Value$264,500
Assessment Year2025

About this property

Early 20th Century almost 2400 sq ft 4 bed 3 bath charmer with deep wrap around porches, mature trees, & shop building. Nestled in the heart of Athens, this 1918 vintage home offers unapparelled woodwork reminiscent of its 100-year old craftsmanship. The Entrance Foyer & Staircase alone are breathtaking. Original hardwood floors throughout (inc. under the carpet upstairs). Living Room centered around a WBFP with antique mantle & summer screen over the firebox. Spacious Dining Room leads to the Farmhouse Kitchen complete with period accents & walk-in pantry. Laundry-Mudroom with back entrance. 3 Bedrooms downstairs (one used as Study & open to a Sitting Room with exterior door). Upstairs Bedroom can be a 2nd Living Area. 3 baths, 2 with clawfoot tubs. (Note: the upstairs bath is in need of completion, but has original shiplap & wood floor.) Past remodels: windows replaced in 2010, HVAC installed 2205 & 2014. 2 driveways, Shop remodeled in 2014. Vintage beauty awaiting your touches.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$215,133Estimated Mortgage Balance
$63,867Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,264
$226,035
2025
$10,500
$264,500
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,264
$226,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$220,000
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,133
$63,867
22%
77%
$1,320/mo

City: Athens

516 E College St | Property Details | No Agent List