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$575,000

7491 State Highway 19 S, Athens, TX, 75751

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.5 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Gas Water Heater

Exterior

Lot Size9,583 sqft

Building Information

Year Built1946

Land Information

APN0058-0100-0A00-00
SubdivisionAb 0058 J Hughes Sur
Land UseCommercial
Legal DescriptionAB 58 N BOX SUR, TR 10A
Census Tract950302
Assessed Land Value$2,300
Assessed Improvement Value$175,391
Assessment Year2025

About this property

Rare live work investment opportunity just outside the city limits of Athens, TX! This versatile property offers multiple income streams, business potential, rental opportunities, storage facilities, workshop space, & 2 fully updated (2023) residences all on one property with excellent Hwy 19 S frontage. The primary residence offers ~2000 SF with 3 bedrooms, 2 bathrooms, & a striking modern farmhouse design. Black open ceilings, exposed ductwork, designer fixtures, tongue & groove walls, rich granite countertops, natural wood custom cabinetry, & spacious open-concept living create a one-of-a-kind aesthetic. The split-bedroom layout provides privacy, with an oversized primary suite featuring a custom walk-in closet & large ensuite bath. Each secondary bedroom is separated from the other, creating ideal flexibility for family or guests. A second fully renovated residence offers 1200 SF with 3 bedrooms & 2 bathrooms. Bright, crisp, & move-in ready, it features white quartz countertops, blue cabinetry, a private primary ensuite, separate yard, & its own entrance from Hwy 19 S. Ideal for rental income, multigenerational living, employee housing, or guest accommodations. Formerly operated as a storage facility, the commercial improvements offer substantial additional income potential. A 4000 SF metal building with new siding features a center drive-through with roll-up bay doors, one large workshop-storage area, & 4 individual storage units with double-door access. A 2nd 1500 SF metal building contains 9 storage units, including 6 smaller units & 3 larger units. The 3rd metal building offers an impressive 5000 SF footprint with 20-ft sidewalls, creating endless possibilities for storage, equipment, inventory, manufacturing, contractor operations, RV-boat storage, or business expansion. Located just outside Athens city limits, you'll avoid city restrictions while enjoying quick access to Athens, the Loop, & major traffic corridors.

Investor Tools

$374,065Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Danae Oglesby

Stewart & McGee Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,834
$177,691
2025
$2,300
$175,391
$177,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,834
$177,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$400,000
No
First
Dec 20, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,065
N/A
0%
141%
$2,399/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: Athens

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