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Multi-Family Development Land
For Sale
$287,500

3rd Street, Athens, TX 75751

LAND - Athens, TX

Property SizeContact for details
Lot Size25.00 Acres
Days on Market141

Property Features for 3rd Street

General Information

Property type Land
Property subtype Other
Zoning description MF-5 (Multi-Family) & A (Ag) per the City of Athens
Vegetation Wooded
Lot features Acreage, Wooded
Elementary school Belair
Middle school Athens
High school Athens
Elementary school district Athens ISD
Middle school district Athens ISD
High school district Athens ISD
Directions From Athens square, take N. Palestine Street to Edmonson. Turn left on Edmonson, then take a right on N. Pinkerton Street. Turn left on Peach Street and the property at the intersection of Peach Street and Third Street.
Standard status Active
APN 20500097K17001
Lot size 25.00 Acres

Taxes and HOA fees

Tax Description LT 2/17 & 2/17B, Athens O T, B C Walters Sur A-797
Legal Description LT 2/17 & 2/17B, Athens O T, B C Walters Sur A-797

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Steve Grant Realty LLC
Listed By: Steve Grant · License #0247804
Added: Mar 30 Changed: Aug 2 Last Checked: Aug 17 at 4:06PM
MLS# 20906511

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 offering presents a 25-acre development opportunity with zoning for both MF-5 (Multi-Family) and A (Agricultural). The property includes road frontage on Third Street and has water, sewer, and power available on-site, supporting a range of residential development concepts and planning scenarios.

Located in Athens, Texas (Henderson County), the site benefits from direct street access on Third Street, along with utilities to help reduce early development hurdles. The seller notes that development incentives may be available through the City of Athens and the Athens Economic Development Corporation (AEDC), with details available through the listing broker.

For buyers and developers seeking land that can accommodate multi-family and agricultural zoning frameworks, this parcel offers a practical foundation to move from concept to planning. With utilities already present and meaningful frontage, it may be well-suited for teams evaluating phased residential development or longer-range land use strategies in the Athens market. Contact the listing broker for additional information on zoning considerations and any potentially applicable development incentives.

Key Highlights

  • Zoned MF‑5 (multi‑family) and A (agricultural) for potential development uses
  • Road frontage on Third Street
  • Utilities available on the property: public water, public sewer, and power

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

195
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land with MF-5 zoning and onsite water, sewer, and power, plus road frontage on Third Street for development-ready options.
Where is this residential land & home lot located?
The property is located at 3rd Street Athens, TX.
What is the asking price?
The asking price for this property is $287,500.
What are key features of this property?
This property features: Zoned MF‑5 (multi‑family) and A (agricultural) for potential development uses; Road frontage on Third Street; Utilities available on the property: public water, public sewer, and power
More about this property
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