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TBD TX-19 N

5 Acres of Commercial Land Offered at $650,000 in Athens, TX 75752

Investment Highlights

  • Heavy State Hwy Corridor Traffic
  • Highway Access in All Directions
  • Near Corner Location for Retail Convenience/Truck Stop

Executive Summary

5-Acre level Commercial Lot located near the NW hard corner of TX State Highway 19 and Loop 7 in Athens, TX. Legal description: TR 47 AB 797 B C WALTERS SUR, TR 47 (PT LT 15C, 15D, 5 ACRES). Part of the property is within city limits, but there is no city sewer at this time. The parcels are zoned "Planned Development", which will require City council or zoning approval to develop. Seller ideally looking for major commercial concern. Seller might consider dividing. There is only one recently developed convenience store located anywhere near the Loop. Interstate 20 is only 25 miles north. There are major State and US Highways coming in and out of Athens central.

Financial Summary (Actual - 2022)

Annual Annual Per AC
Taxes $1,133 $226.60
Operating Expenses - -
Total Expenses $1,133 $226.60

Financial Summary (Actual - 2022)

Taxes
Annual $1,133
Annual Per AC $226.60
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,133
Annual Per AC $226.60

Property Facts

Price $650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Convenience Store
  • Restaurant
  • Truck Stop
Total Lot Size 5.00 AC
Cross Streets Loop 7

1 Lot Available

Lot

Price $650,000
Price Per AC $130,000
Lot Size 5.00 AC

5-Acre level Commercial Lot located near the NW hard corner of TX State Highway 19 and Loop 7 in Athens, TX.

Description

5-Acre level Commercial Lot located near the NW hard corner of TX State Highway 19 and Loop 7 in Athens, TX. Legal description: TR 47 AB 797 B C WALTERS SUR, TR 47 (PT LT 15C, 15D, 5 ACRES). Part of the property is within city limits, but there is no city sewer at this time. The parcels are zoned "Planned Development", which will require City council/zoning approval to develop. Seller ideally looking for major commercial concern. Seller might consider dividing. There is only one recently developed convenience store located anywhere near the Loop. Interstate 20 is only 25 miles north. There are major State and US Highways coming in and out of Athens central.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0797-0870-0000-01
  • 0797-0470-0000-01
  • 0797-0850-0000-01
Land Assessment
$144,416 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$137,291 (2024)
Annual Taxes
$1,133
Tax Year
2022

zoning

Zoning Code Planned Development (Planned Development needing approval from city council/zoning.)
Planned Development (Planned Development needing approval from city council/zoning.)
  • Listing ID: 28666323

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: TBD TX-19 N, Athens, TX 75752

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