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$215,188

NAL Estimated Property Value

700 W Corsicana Street, Athens, TX, 75751

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,710 Sq Ft
BusinessBusiness
price_per_sqft$98.83 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringCeramic Tile

Exterior

Lot Size13,329 sqft

Building Information

Year Built1980
Garage Spaces32

Land Information

APN4525-0001-0010-01
Lot Number1,2B
SubdivisionWest Heights #2 (32)
Land UseCommercial
Legal DescriptionAB 782 THOMAS PARMER SUR, WEST HEIGHTS #2, BLK 1 LTS 1 & 2B
Census Tract951202
Assessed Land Value$33,323
Assessed Improvement Value$181,865
Assessment Year2025

About this property

FANTASTIC BUSINESS OPPORTUNITY FOR AN INVESTOR OR AN ENTREPRENEUR! ALTHOUGH THIS BUILDING IS CURRENTLY BEING UTILIZED AS A RESTAURANT, THE OPTIONS ARE NUMEROUS. WITH A HIGH TRAFFIC COUNT DAILY, THIS CORNER LOT PROPERTY WITH DRIVE THRU, THAT CAN ACCOMMODATE AN OCCUPANCY OF 55 PEOPLE, IN ADDITION TO A FENCED PATIO SPACE & EXTRA STORAGE, HAS ALL THE COMPONENTS FOR SUCCESS! DON'T MISS THIS GOLDEN OPPORTUNITY FOR WHAT COULD BE A MULTITUDE OF BUSINESS OPTIONS. CONTACT LISTING AGENT FOR LIST OF RESTAURANT RELATED INVENTORY THAT GOES ALONG WITH THE SALE & LIST OF RECENT IMPROVEMENTS.

Investor Tools

Property Icon
$215,188
Estimated Property Value
$0Estimated Mortgage Balance
$215,188Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,291 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,555
$215,188
2025
$33,323
$181,865
$215,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,555
$215,188

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,188
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.

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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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700 W Corsicana Street | Property Details | No Agent List