$800,000
3723 County Road 4806, Athens, TX, 75752
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size9,750 sqft
Building Information
Year Built1969
Roof Type105
Land Information
APN2835-0000-0020-00
Lot Number2
SubdivisionGibbs Wes (6)
Land UseResidential
Legal DescriptionLT 2 AB 957 A WALDRIP SUR, GIBBS WES SUBD, LT 2
Census Tract950303
Assessed Land Value$136,500
Assessed Improvement Value$109,209
Assessment Year2025
About this property
Discover the beauty of Lake Athens with this rare opportunity to purchase two lakefront lots being sold together. Enjoy beautiful northeast-facing views overlooking the open water, along with desirable elevation and good deep-water access. One lot features an existing home that is currently occupied; however, no value has been assigned to the home. This property offers an excellent opportunity to own two adjoining lakefront lots and enjoy the beauty and recreation of Lake Athens.
Investor Tools
$0Estimated Mortgage Balance
$276,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,037
$245,709
2025
$136,500
$109,209
$245,709
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,037
$245,709
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,000
100%
0%
$0/mo
