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Mixed-Use Property with Warehousing
For Sale
$575,000

7491 State Highway 19 S, Athens, TX 75751

CommercialSale, Athens, TX

Property Size10,500 SF
Lot Size3.52 Acres
Price / SF$54.76
Days on Market88

Property Features for 7491 State Highway 19 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description unrestricted
Parking features Driveway, Guest, Garage
Subdivision N BOX SUR
Directions Follow GPS
Standard status Active
APN 005801000A0000
Lot size 3.52 Acres

Taxes and HOA fees

Tax Description AB 58 N BOX SUR, TR 10A
Tax Annual Amount 2669
Legal Description AB 58 N BOX SUR, TR 10A

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Central, Propane (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1946
Floors in Building 1
Number of units 5
Flooring type Vinyl
Building materials MetalSiding, Concrete
Roof type Composition, Metal
Listing Agency: Stewart & McGee Real Estate
Listed By: Danae Oglesby · License #0680162
Added: Jul 14 Changed: Sep 12 Last Checked: Oct 9 at 4:06AM
MLS# 21328804

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.52-acre mixed-use property combines two renovated residences with more than 10,500 SF of commercial improvements. The larger residence contains approximately 2,000 SF and was renovated in 2023, while the second residence provides 1,200 SF and a separate entrance from SH 19 S. Commercial improvements include a 5,000 SF metal warehouse with 20-foot sidewalls, a 4,000 SF metal building with drive-through access, roll-up bay doors, workshop space, and four individual storage units, plus a 1,500 SF building with nine storage units.

The property fronts SH 19 S outside the Athens city limits, with access to Loop 7, Athens, Tyler, Cedar Creek Lake, and East Texas markets. Existing features include metal and composition roofing, vinyl flooring, central heating and cooling, propane service, septic, and parking consisting of guest spaces, a garage, and a driveway. The configuration supports continued storage operations, warehouse use, contractor space, office conversion, or a live-work arrangement, subject to applicable requirements.

Key Highlights

  • 3.52‑acre mixed‑use property with more than 10,500 SF of commercial improvements
  • 5,000 SF metal warehouse with 20‑ft sidewalls
  • 4,000 SF metal building with drive‑through access, roll‑up bay doors, workshop space, and 4 storage units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,650
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,000 $693.0K
Cap Rate 7%
$495,000 $495.0K
Cap Rate 9%
$385,000 $385.0K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$63.0K $6.00/SF
− Vacancy
−$7.6K −$0.72/SF
EGI
$55.4K $5.28/SF
− OpEx
−$20.8K −$1.98/SF
NOI
$34.7K $3.30/SF
Area
Henderson County, TX
Vacancy
12.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,000
Cap Rate 7%
$495,000
Cap Rate 9%
$385,000

Alternative Uses

Best Use
Office B
$2.51M
$2.20M – $2.93M (±1% cap)
NOI $175,634 @ 7.0% cap · market cap 30.55%
Second Best
Warehouse
$934.3K
$817.5K – $1.09M (±1% cap)
NOI $65,400 @ 7.0% cap · market cap 11.37%
Theoretical Best
Office A
$3.69M
$3.23M – $4.31M (±1% cap)
NOI $258,552 @ 7.0% cap · market cap 44.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Plumbing Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 75751, TX

17,100
Population
7,432
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
180.4 sq mi
ZIP Area
95
Density / Sq Mi
$71,524
Median Household Income
$31,897
Median Earnings
$1,063
Median Rent
$205,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two renovated residences accompany warehouse, workshop, and storage improvements with access from SH 19 S.
Where is this mixed-use property located?
The property is located at 7491 State Highway 19 S Athens, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3.52‑acre mixed‑use property with more than 10,500 SF of commercial improvements; 5,000 SF metal warehouse with 20‑ft sidewalls; 4,000 SF metal building with drive‑through access, roll‑up bay doors, workshop space, and 4 storage units
More about this property
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