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$580,000

7955 Blue Bird Lane, Athens, TX, 75752

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Desirable location on Lake Athens for building your lake cottage facing open water surrounded by shady oak trees! Metal shop with utilities is already in place & features insulation, a half bathroom, large covered patio plus a mini split unit! A main attraction is the large boat house with double lifts with remote control, wave runner lift plus open & covered decking area! Water measures over 5' at end of the boat dock at time of listing but typically is over 6' due to previous dredging. Steel retaining wall & approx. 400 ft of lake frontage! A Metal pavillion is ready to enjoy year round lounging & BBQ. Unique lot that features a penninsula with an almost acre of grassy area below the 448 line in addition to the main lot. All fully irrigated via lake pump! See survey attached. Come enjoy the lake now & build later on this unrestricted lot in an established community. Lake Athens is spring fed, low traffic & the second cleanest lake in TX just 1.5 hours from the Metroplex!

Investor Tools

Property Icon
$592,000
Estimated Property Value
$0Estimated Mortgage Balance
$592,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,466
$228,518
2025
$168,000
$60,518
$228,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,466
$228,518

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$592,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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7955 Blue Bird Lane | Property Details | No Agent List