Last 24 Hours
$425,000
617 W Corsicana St, Athens, TX, 75751
$509,861 ARV
On Market
Commercial
— Beds
— Bath
3,750 Sq Ft
$113.33 / sqft
Built in 1981Highlights
Interior
Bedrooms —
Bathrooms —
Heating Central
CoolingFlooringCeramic Tile
Exterior
Lot Size1.07 acres
Building Information
Year Built1981
Roof Type105
Land Information
APN2050-0084-0020-01
Lot Number2
SubdivisionAthens O T (1332)
Land UseCommercial
Legal DescriptionAB 782 T PARMER SUR, ATHENS O T, BLK 84 LT 2,7A,PT OF 7F (2A) REPLAT F/203
Census Tract951201
Assessed Land Value$82,608
Assessed Improvement Value$182,228
Assessment Year2025
About this property
Amazing opportunity to own approximately 1.07 acres on one of the more heavily traveled streets in town! Previously used as a fast food restaurant, this commercial property can hold a variety of uses. The property features approximately 163 feet of road frontage, traffic count of approximately 10,316 per day per TxDOT, access to city utilities, and plenty of space to serve your retail or commercial project.
Investor Tools
$0Estimated Mortgage Balance
$264,836Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$509,861
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,605
$264,836
2025
$82,608
$182,228
$264,836
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,605
$264,836
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,836
100%
0%
$0/mo
12.4%