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    Athens Medical Facility on 23 Acres
    Updated: Dec 3, 2021
    Athens Medical Facility on 23 Acres

    8579 State Hwy 31 W, Athens, TX 75751

    Contact for pricing
    27,176 sqft 23.00 AC lot
    23± acres of land with a 27,176± sf building (59 patient rooms) and on‑site sewer facility.
    Located outside city limits with no zoning restrictions, offering flexible development possibilities.
    Proximity to hospitals, medical providers, hotels, shopping centers, lakes, restaurants, entertainment venues, and educational institutions.
    Located in Athens, a Certified Texas Retirement Community, approximately one hour from Dallas/Ft. Worth.
    Some improvements & modifications have been made to meet state requirements for Assisted Living & Memory Care.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Athens, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Bed Assisted Living Facility
    6-Bed Assisted Living Facility

    715 Buttermilk Drive, Arlington, TX 76006

    $760,000
    2,665 sqft 0.26 AC lot

    Updated residential care property with accessibility features, fire-safety systems, and a detached garage with bonus room.

    View details
    Turnkey Assisted Living Facility
    Turnkey Assisted Living Facility

    715 Buttermilk Dr, Arlington, TX 76006

    $760,000
    2,665 sqft

    Turnkey 6-bed assisted living facility with ADA-compliant bath, updated systems, and turnkey readiness for immediate operation.

    View details
    Assisted Living Facility on Corner Lot
    Assisted Living Facility on Corner Lot

    803 CHESTNUT Street, Commerce, TX 75428

    $549,000
    0.81 AC lot

    ADA-approved assisted living facility on a corner lot with a fenced yard and sprinkler system throughout the building.

    View details
    Senior Living Community
    Senior Living Community

    2927 Monroe St, Commerce, TX 75428

    Contact for pricing
    30,670 sqft

    Independent and assisted living community offering 30,670 SF under one roof at 2927 Monroe St.

    View details

    Athens, TX Assisted Living Facilities Market Trends and Statistics

    Explore 1 assisted living facilities for sale in Athens, TX on our real estate platform. These investment opportunities span a total of 27,176 square feet of properties for sale.

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    Assisted living facilities 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +5.7%
    Median Household Income $67,698
    College Educated 27.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.04%
    Property Tax per SF $36.49 per SF
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henderson County

    New Delisted

    Total CRE Inventory on Market (SF)

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