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$275,000

807 W Corsicana Street, Athens, TX, 75751

On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,880 Sq Ft
BusinessBusiness

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCombination, Concrete, Vinyl

Exterior

Lot Size10,280 sqft

Land Information

APN2050-0090-002D-01
Lot Number2D
SubdivisionAthens O T (1332)
Land UseCommercial
Legal DescriptionAB 782 T PARMER SUR, ATHENS O T, BLK 90 LT 2D
Census Tract951201
Assessed Land Value$20,560
Assessed Improvement Value$110,986
Assessment Year2025

About this property

High visibility commercial opportunity. Owner Financing Available. Prime location near many other busy businesses and across the street from a gas station. Currently operating as a tire shop, the flexible zoning allows for a wide range of uses including office, automotive, industrial, or retail. Situated on nearly a quarter-acre lot, this versatile property features a reception area, a full bathroom, storage with garage bay doors and several private rooms that can be used however you like. Cameras do convey.

Investor Tools

$97,332Estimated Mortgage Balance
$13,772Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Sylvia Briette

Ultima Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,960
$111,104
2025
$20,560
$110,986
$131,546
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,960
$111,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$100,000
No
First
Nov 15, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,332
$13,772
12%
88%
$600/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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807 W Corsicana Street | Property Details | No Agent List