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$908,000

NAL Estimated Property Value

6980 Shore Crest Way, Athens, TX, 75752

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,850 Sq Ft
price_per_sqft$298.44 / sqft
Year BuiltBuilt in 2011

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size19.42 acres

Building Information

Year Built2011
Garage Spaces9

Land Information

APN4506-0000-0370-00
Lot Number1,37R,L
SubdivisionWaters Edge Ranch Ph I (195)
Land UseResidential
Legal DescriptionAB 797 B C WALTERS SUR,WATERS EDGE RANCH PH I, LT 37R-1 (RE:TR 180) REPLAT F/74
Census Tract950400
Assessed Land Value$26,090
Assessed Improvement Value$815,359
Assessment Year2025

About this property

Beautiful 20-acre equestrian estate situated in desirable Athens Texas! Easy access to DFW Metroplex. Nestled in coveted Waters Edge Ranch, a lakeside gated community. Superb craftsmanship & attention to detail throughout. Fabulous floor plan enhanced by fine finishes & generous room sizes offering entertaining opportunities. Expansive master suite and wonderful home office. 4 bedrooms 5 baths. Oversized 3-car garage. Walk-up decked attic storage. Custom 4-stall insulated horse barn offering wash rack, oversized tack & feed with powder bath. Classic Equine stalls, mattress systems, heated auto waterers, fly spray system, outdoor wash rack. Separate equipment & hay storage building. Fenced and cross-fenced.

Investor Tools

Property Icon
$908,000
Estimated Property Value
$842,854Estimated Mortgage Balance
$65,146Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,894 /month
Positive
Cash Flow Estimate:
$2,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,513/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,621
$841,449
2025
$26,090
$815,359
$1,048,375
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,621
$841,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$880,000
No
First
Jan 15, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$842,854
$65,146
7%
93%
$5,277/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.

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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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6980 Shore Crest Way | Property Details | No Agent List