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Property profile & analytics
OFF-MARKET
Land

39 Private Rd Athens, TX 75751

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the desirable Riverpoint community of Anderson County, Texas. Situated on the edge of Anderson County, this property boasts stunning water frontage on the Trinity River, offering picturesque views and recreational potential. Riverpoint is a newly developed waterfront community featuring large lots (10-25 acres), ensuring privacy and exclusivity. The property is conveniently located just minutes from Richland Chambers Reservoir, providing easy access to additional recreational activities. A paved private road leads to the property, enhancing accessibility and security. A private gated entrance and community mailboxes are maintained by the Riverpoint Maintenance Association, with annual dues set at $500. Electricity is readily available at the roadside. Currently benefiting from an agricultural exemption, resulting in significantly reduced property taxes (last year's taxes totaled only $30.44). The property is zoned to prohibit mobile homes and manufactured housing. Short-term recreational camping and RV use are permitted for up to 14 days per month, or during the construction of a permanent residence. The property falls within the Cayuga Independent School District. This is a rare opportunity to acquire a substantial waterfront tract in a thriving community with excellent access and low taxes. The property is ready for development, offering significant potential for a variety of commercial ventures.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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